Development of environment economic measurements to estimate net revenues for tourism island destination
<p>Environmental disturbances caused by tourism are commonly ignored in the</p><p>measurement of financial performance. The focus of the study was to account for human activities</p><p>that have exceeded the environments ecologica...
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| Format: | thesis |
| Language: | eng |
| Published: |
2020
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| Subjects: | |
| Online Access: | https://ir.upsi.edu.my/detailsg.php?det=8603 |
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| Summary: | <p>Environmental disturbances caused by tourism are commonly ignored in the</p><p>measurement of financial performance. The focus of the study was to account for human activities</p><p>that have exceeded the environments ecological limits following Meadows limits to growth and</p><p>Pigous negative externalities theories within the context of tourism. Hence, the purpose of this</p><p>study was to develop environment-economic measurements to estimate net revenues for tourism</p><p>island destination. These measurements included estimating tourism revenue, quantifying and</p><p>monetising environmental degradations and measuring Environmentally Sustainable Tourism Revenue</p><p>(ESTR) for Perhentian Island. The study used a survey design where 923 Perhentian Islands visitors</p><p>spending served as proxies to tourism revenue estimates. The spending data were analysed using</p><p>two-steps Chi-Square Automatic Interaction Detection (CHAID) technique. Meanwhile, the costs of the</p><p>environment based on loss of income were measured using ecological footprint, tourism carrying</p><p>capacity, and economic valuation method through secondary resources. The findings indicated that</p><p>other than country of origin, spending on accommodations and food and beverages, were mainly</p><p>influenced by the number of dependents; transportation and recreation were influenced by the length</p><p>of stay; and retail was influenced by the seasonal period. Estimation for cost of the environment</p><p>were found to be MYR 5,446,563.00 for environmental resources overshoot, MYR 506,576.00 for</p><p>environmental services overcapacity and, between MYR 1,612,160.94 and MYR 3,626,722 for</p><p>environmental asset overuse. Overall degradation was recorded at MYR 9,579,861.00 (upper limit)</p><p>with ESTR of MYR 124,724,324.00. The data showed that Perhentian Islands tourism externalities may</p><p>have exceeded 5.5% to 7.1% of its environmental limit. In conclusion, the environment-economic</p><p>measurements in this study indicated that the tourism activities currently conducted on the islands</p><p>were inclining towards unsustainability. In implication, environment-economic measurements model</p><p>developed in this study could be applied in the tourism industry in order to measure the</p><p>sustainability of island</p><p>tourism.</p><p></p> |
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