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What is Economic Valuation of Kilim Karst Park about?

This document summarizes a study that used the travel cost method to estimate the economic value of tourism at the Kilim Karst Geoforest Park in Langkawi, Malaysia. The study developed a demand model for international visitors and estimated the benefits using both travel cost adjustments and consumer surplus techniques. The travel cost adjustments based on visitor satisfaction and hours spent in the park generated higher benefit estimates of €288 million and €141 million, compared to the consumer surplus te

Author

Aurelia Izzatul Azka

Language

EN