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Valuing the Economic Impact of Flood Mitigation in Central Java, Indonesia

Evi Gravitiani ()
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Evi Gravitiani: Faculty of Economics and Business, UniversitasSebelas Maret, Surakarta, Indonesia Author-2-Name: Suryanto Author-2-Workplace-Name: Faculty of Economics and Business, UniversitasSebelas Maret, Surakarta, Indonesia

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Abstract: "Objective – This research aims to map and identify the areas vulnerable to flood in Central Java Province, Indonesia, using Geography Information System (GIS) and value the economic impact on flood mitigation using Contingent Valuation Methods (CVM). Methodology/Technique – The data regarding geographical, demographical, socio-economic, and topographical condition collected from local governments in Central Java Province, Meteorology and Geophysics Board, the Statistical Bureau, and Planning and Development Boar. Findings – Spatial analysis with GIS provides evidence that Surakarta, Sragen, and Sukoharjo districts are more vulnerable to flood than other districts in Central Java Province. This evidence points the need to conduct a thorough study on these areas. Novelty – This research contributes to empirical study, methodology, and policy implications."

Keywords: Spatial Analysis; Flood Impact; Local Wisdom; Economic Valuation; Willingness to Pay. (search for similar items in EconPapers)
JEL-codes: C21 Q51 Q54 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-sea and nep-ure
Date: 2017-03-18
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Published inJournal of Business and Economics Review, Volume 2, Issue 1

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