Study of Willingness to Pay of The Jakarta - Bandung High Speed Train
Anggit Lestari Putri (a), Hera Widyastuti (a*)
a) Department of Civil Engineering, Institut Teknologi Sepuluh Nopember, Jl. Raya ITS, Surabaya 60111, Indonesia
*hera.widyastuti[at]yahoo.co.uk
Abstract
Bandung and Jakarta have been connected by the Cipularang toll road since 2005. Based on data from Badan Pengatur Jalan Tol (BPJT), currently vehicle volume both in Bandung and Jakarta has grown rapidly. This is followed by an increasing volume of vehicles traveling from Jakarta to Bandung and vice versa. High Speed Train becoming one of the governments choice as a form of mass transportation modernization in Indonesia in building inter-city connectivity and regional development. In this study several scenarios for binary logistic regression analysis were conducted to analyze modal transfer from shuttle travel users to the Jakarta-Bandung High Speed Train. The probability of shuttle travel users who are willing to move using the Jakarta-Bandung High Speed Train is strongly influenced by variables, those are: Train Travel Time, Costs, Frequency and accessibility between modes. The probability of willingness to pay a ticket price of Rp 240,000 with a travel time of 60 minutes is 77.40%. The probability of willingness to pay a ticket price of Rp. 260,000 with a travel time of 50 minutes is 45.17%
Keywords: High Speed Train;Willingness To Pay;Probability;Binary Logistic Regression Analysis
Topic: International Symposium of Civil, Environmental, and Infrastructure Engineering