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Estimation of Willingness-To-Pay for Extensive Implementation of Congestion Pricing  

Kim, Gun-Young (한국교통연구원 동북아물류경제연구센터)
Han, Sang-Yong (한국교통연구원 동북아물류경제연구센터)
Kang, Kyung-Woo (한양대학교 교통시스템공학과)
Kim, Tae-Seung (경기개발연구원)
Publication Information
Journal of Korean Society of Transportation / v.23, no.5, 2005 , pp. 7-14 More about this Journal
Abstract
Traffic congestion causes enormous social costs as well as loss of travel time and waste of energy. Though the Seoul metropolitan government implemented various forms of transportation policies such as urban road pricing and public transportation reform, traffic volume which across the Seoul metropolitan borders have greatly increased because of housing land development in suburban area. The purpose of this study is to estimate individual's willingness-to-pay(WTP) for extensive implementation of congestion pricing through policy-mix with bus rapid transit(BRT) system. So the field survey interviews carried out. The empirical analysis was done with priority given to the following two topics; derivation of individual WTP and prior evaluation of policy effect from the equity aspect. To estimate individual WTP, we adopted contingent valuation method (CVM). The former is to estimate individual WTP for respondent's maintaining his/her transit pattern when he/she is faced with congestion pricing by using compensating variation(CV) concept. And, the latter aims at evaluating policy effect from the equity aspect by calculating the Proportion of WTP to average income using WTP in income bracket for policy scenarios.
Keywords
혼잡통행료;조건부가치측정법;지불의사액;형평성;정책결합;
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