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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Main Author: Rosmini Ismail
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Published: 2020
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Rosmini Ismail
Development of environment economic measurements to estimate net revenues for tourism island destination
description <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>
format thesis
qualification_name
qualification_level Doctorate
author Rosmini Ismail
author_facet Rosmini Ismail
author_sort Rosmini Ismail
title Development of environment economic measurements to estimate net revenues for tourism island destination
title_short Development of environment economic measurements to estimate net revenues for tourism island destination
title_full Development of environment economic measurements to estimate net revenues for tourism island destination
title_fullStr Development of environment economic measurements to estimate net revenues for tourism island destination
title_full_unstemmed Development of environment economic measurements to estimate net revenues for tourism island destination
title_sort development of environment economic measurements to estimate net revenues for tourism island destination
granting_institution Universiti Pendidikan Sultan Idris
granting_department Fakulti Pengurusan dan Ekonomi
publishDate 2020
url https://ir.upsi.edu.my/detailsg.php?det=8603
_version_ 1776104545587298304
spelling oai:ir.upsi.edu.my:86032023-01-16 Development of environment economic measurements to estimate net revenues for tourism island destination 2020 Rosmini Ismail <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> 2020 thesis https://ir.upsi.edu.my/detailsg.php?det=8603 https://ir.upsi.edu.my/detailsg.php?det=8603 text eng closedAccess Doctoral Universiti Pendidikan Sultan Idris Fakulti Pengurusan dan Ekonomi <p>Abbruzzo, A., Brida, J. G., & Scuderi, R. (2014). Determinants of individual tourist</p><p>expenditure as a network: Empirical findings from Uruguay. Tourism Management, 43(0), 36-45.</p><p>doi: http://dx.doi.org/10.1016/j.tourman.</p><p>2014.01.014</p><p></p><p>Adams, C., Seroa da Motta, R., Ortiz, R. A., Reid, J., Ebersbach Aznar, C., & de Almeida</p><p>Sinisgalli, P. A. (2008). The use of contingent valuation for evaluating protected areas in the</p><p>developing world: Economic valuation of Morro do Diabo State Park, Atlantic Rainforest, So Paulo</p><p>State (Brazil). 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