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ISSN 2063-5346
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ECONOMIC VALUATION AND THE IMPACT OF LENGKUNG LANGIT 2 NATURE TOURISM ON THE COMMUNITY'S ECONOMY

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Asila Jelita Maharani, Muhammad Irfan Affandi, Fembriarti Erry Prasmatiwi
» doi: 10.48047/ecb/2023.12.7.218

Abstract

Economic valuation can be used to assess the impact of an activity on natural wealth (assets) both those that can provide benefits as well as those that become an expense or cost. The purpose of this study is to calculate the cost of tourist travel, to analyze the factors that affect the number of tourist visits, the economic value based on the travel costs of Lengkung Langit 2 nature tourism, and the impact of Lengkung Langit 2 nature tourism on the community's economy. The research method used in this study is a survey method with 100 respondents as visitors. The research location was chosen deliberately in the Lengkung Langit 2 nature tourism, Bandar Lampung city. The data collection time was carried out from July to December 2022. The data analysis methods used were travel cost analysis, Poisson regression analysis, and calculation of the economic value. The travel cost incurred by visitors to Lengkung Langit 2 Nature Tourism is as much as IDR 65,770.00 per individual per visit. The factors that affect the number of visits to the Lengkung Langit 2 Nature Tourism area are distance and travel costs. The consumer surplus per individual per visit is IDR 483,996.00 and the economic value of Lengkung Langit 2 Nature Tourism calculated using the Travel Cost Method (TCM) is IDR 35,017,101,187.00. The Income Multiplier Keynesian value of 0.58 indicates that Lengkung Langit 2 tourism still has a low economic impact.

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