Economic Evaluation of Potato Microtubers Using the Contingent Valuation Method (In the case of Chungnam Province)

임의가치법(任意價値法)(CVM)을 이용한 인공(人工)씨감자의 경제가치평가(經濟價値評價) (충청남도(忠淸南道)를 중심으로)

  • Hyeon, Byung-Hwan (R&D Policy Section and Economic Analysis Section, Korea Research Institute of Bioscience and Biotechnology) ;
  • Lim, Jae-Hwan (Dep. of Agricultural Economics, Colleage of Agriculture, Chungnam National University)
  • 현병환 (생명공학연구소) ;
  • 임재환 (충남대학교 농과대학 농업경제학과)
  • Published : 1996.06.30

Abstract

The potato has been used as a part of key staple foods in Korea. Recently, the demand for the potato tends to increase due to its nutritional Quality, and the Quantity of imports has rapidly been increasing. Contamination of seed potato by pathogens especially could cause a severe reduction of total production. In order to solve the problem, Korea Research Insistute of Bioscience and Biotechnology(KBIBB) developed the new commodity called a "potato microtuber". Before its production and distribution, researches on new commodity should be undertaken in many aspects, especially in terms of economic aspects. The main objectives of this study are to measure the economic value of the potato microtubers and to forecast its spreading effects and to examine the Contingent Valuation Method(CVM) could be accepted in the economic analysis for a new agricultural product, here in potato microtubers. Through the regression results, the consumer behavior analysis had performed for potential users of potato microtubers, and through the demand function derived by the consequence of functional relationship, consumer's surplus was estimated.

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