Demand model of international visitors to the Kilim Karst Geoforest Park, Langkawi : application of ITCM model

Kilim Karst Geoforest Park in Langkawi offers rural tourism attractions to the visitors. The rural tourism demand model of international visitors to the site can be developed using the non-market valuation techniques. One of the common techniques is using the revealed preference technique, which is...

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Main Authors: Matthew, Nitanan Koshy, Shuib, Ahmad, Ramachandran, Sridar, Mohammad Afandi, Syamsul Herman
Format: Article
Language:English
Published: Education and Novel Technology Research Association 2013
Online Access:http://psasir.upm.edu.my/id/eprint/30743/1/Demand%20model%20of%20international%20visitors%20to%20the%20Kilim%20Karst%20Geoforest%20Park.pdf
http://psasir.upm.edu.my/id/eprint/30743/
http://www.aebjournal.org/article010405.php
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Institution: Universiti Putra Malaysia
Language: English
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spelling my.upm.eprints.307432015-10-08T00:38:30Z http://psasir.upm.edu.my/id/eprint/30743/ Demand model of international visitors to the Kilim Karst Geoforest Park, Langkawi : application of ITCM model Matthew, Nitanan Koshy Shuib, Ahmad Ramachandran, Sridar Mohammad Afandi, Syamsul Herman Kilim Karst Geoforest Park in Langkawi offers rural tourism attractions to the visitors. The rural tourism demand model of international visitors to the site can be developed using the non-market valuation techniques. One of the common techniques is using the revealed preference technique, which is the Travel Cost Model (TCM). There have been various modifications made to the basic TCM developed by Clawson 1959. Modification of the basic TCM takes into account other factors that may shift the demand of visitors. The individual travel cost model (ITCM) has been employed in the research. Thus, the main objective of this article is to develop the rural tourism demand model for the park using the individual travel cost model (ITCM). In addition, the basic TCM model is estimated to determine the consumer surplus value of the international visitors to the park. Structured questionnaire and face-to-face data collection method are employed to obtain the primary data from 330 international visitors using the convenient sampling technique. Poisson regression analysis has been conducted to estimate the basic TCM model. The finding for ITCM shows that the consumer surplus value per trip for the Langkawi model €6993 is greater than for the Kilim models (€1437 and €633) for the Poisson regression analysis. Education and Novel Technology Research Association 2013 Article PeerReviewed application/pdf en http://psasir.upm.edu.my/id/eprint/30743/1/Demand%20model%20of%20international%20visitors%20to%20the%20Kilim%20Karst%20Geoforest%20Park.pdf Matthew, Nitanan Koshy and Shuib, Ahmad and Ramachandran, Sridar and Mohammad Afandi, Syamsul Herman (2013) Demand model of international visitors to the Kilim Karst Geoforest Park, Langkawi : application of ITCM model. Journal of Applied Economics and Business, 1 (4). pp. 51-66. ISSN 1857-8721 http://www.aebjournal.org/article010405.php
institution Universiti Putra Malaysia
building UPM Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Putra Malaysia
content_source UPM Institutional Repository
url_provider http://psasir.upm.edu.my/
language English
description Kilim Karst Geoforest Park in Langkawi offers rural tourism attractions to the visitors. The rural tourism demand model of international visitors to the site can be developed using the non-market valuation techniques. One of the common techniques is using the revealed preference technique, which is the Travel Cost Model (TCM). There have been various modifications made to the basic TCM developed by Clawson 1959. Modification of the basic TCM takes into account other factors that may shift the demand of visitors. The individual travel cost model (ITCM) has been employed in the research. Thus, the main objective of this article is to develop the rural tourism demand model for the park using the individual travel cost model (ITCM). In addition, the basic TCM model is estimated to determine the consumer surplus value of the international visitors to the park. Structured questionnaire and face-to-face data collection method are employed to obtain the primary data from 330 international visitors using the convenient sampling technique. Poisson regression analysis has been conducted to estimate the basic TCM model. The finding for ITCM shows that the consumer surplus value per trip for the Langkawi model €6993 is greater than for the Kilim models (€1437 and €633) for the Poisson regression analysis.
format Article
author Matthew, Nitanan Koshy
Shuib, Ahmad
Ramachandran, Sridar
Mohammad Afandi, Syamsul Herman
spellingShingle Matthew, Nitanan Koshy
Shuib, Ahmad
Ramachandran, Sridar
Mohammad Afandi, Syamsul Herman
Demand model of international visitors to the Kilim Karst Geoforest Park, Langkawi : application of ITCM model
author_facet Matthew, Nitanan Koshy
Shuib, Ahmad
Ramachandran, Sridar
Mohammad Afandi, Syamsul Herman
author_sort Matthew, Nitanan Koshy
title Demand model of international visitors to the Kilim Karst Geoforest Park, Langkawi : application of ITCM model
title_short Demand model of international visitors to the Kilim Karst Geoforest Park, Langkawi : application of ITCM model
title_full Demand model of international visitors to the Kilim Karst Geoforest Park, Langkawi : application of ITCM model
title_fullStr Demand model of international visitors to the Kilim Karst Geoforest Park, Langkawi : application of ITCM model
title_full_unstemmed Demand model of international visitors to the Kilim Karst Geoforest Park, Langkawi : application of ITCM model
title_sort demand model of international visitors to the kilim karst geoforest park, langkawi : application of itcm model
publisher Education and Novel Technology Research Association
publishDate 2013
url http://psasir.upm.edu.my/id/eprint/30743/1/Demand%20model%20of%20international%20visitors%20to%20the%20Kilim%20Karst%20Geoforest%20Park.pdf
http://psasir.upm.edu.my/id/eprint/30743/
http://www.aebjournal.org/article010405.php
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