Economic Impacts of Land Acquisition for Yogyakarta International Airport Project

Abstract

The study aims to analyze the economic impact of land acquisition for Yogyakarta International Airport project on the affected community. The research is conducted quantitatively, collecting data through questionnaires and data analysis techniques through descriptive statistics. Respondents are randomly selected as many as 45 households. The variables used include occupation, income, cost of living, and asset ownership. The results show that land acquisition has an impact on job losses of 15.6% and 8.9% of odd jobs, 35.6% decrease in income, 7% decrease in asset ownership and 15.5% increase in the cost of living. The results of the study show that land acquisition has a negative impact on the decline in the economic conditions of some affected communities. In this context, the restoration of community life should be an integral part of land acquisition projects.