Acknowledgement
This research was supported by a grant (06 CIT A03) From Research Policy & Infrastructure Development Program funded by Ministry of Construction & Transportation of Korean government.
International conference on construction engineering and project management (국제학술발표논문집)
- 2011.02a
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- Pages.280-285
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- 2011
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- 2508-9048(eISSN)
ENVIRONMENTAL ECONOMICS FOR CONSTRUCTION
- Suk hyun Kwon (Dept. of Civil & Environmental Engineering, Chung-Ang University) ;
- Nam Ho Cho (Dept. of Civil&Environmental Engineering, Chung-Ang Univ.) ;
- Kyoung Hee Lee (Dept. of Civil&Environmental engineering, Yon-sei Univ.) ;
- Kyoung Ju Kim (Dept. of Civil & Environmental Engineering, Chung-Ang University)
- Published : 2011.02.16
Abstract
This study aims to propose an assessment model on environmental economics which will provide useful information in making a decision for the implementation of pro-environmental and economical construction projects. To meet the objective, this study suggests a procedure to estimate environmental cost of construction projects. The model combines environmental load assessment and environmental value assessment. The environmental cost of pollutant generated from the construction project was estimated utilizing the Contingent Valuation Method (CVM) which is a value assessment method borrowed from economic science. The devised model is expected to provide a useful methodology that will scientifically support the planning and management of sustainable construction not only in the environmental aspect but also in the economical aspect.