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Benefit Evaluation for Traffic Transfer System using Contingent Valuation Method in Tourist Resort  

Lee, Byeong-Ju (전라북도청 건설물류국 교통정책과)
Seo, Im-Gi (원광대학교 토목환경공학과)
NamGung, Mun (원광대학교 토목환경도시공학부)
Publication Information
Journal of Korean Society of Transportation / v.25, no.4, 2007 , pp. 57-66 More about this Journal
Abstract
According to the rapid economic growth and the escalation of recreational tourism activities due to the change of job and working patterns, currently various traffic problems often occur in tourist areas. As tourist traffic, contrary to general traffic, is not regional but rather from outside the area of interest, it is hard to grasp the traffic situation surrounding the tourist area. Furthermore, since the traffic is concentrated during a limited tourist season, it is difficult to examine and solve the problem. In this study, in order to test the feasibility of introducing a traffic transfer system to reduce congestion in tourist areas, the authors considered the differences in traffic congestion between typical and tourist seasons and designed a willingness to pay model. The willingness to pay amount for a shuttle bus fare is assumed as 1,430 Won and 1,650 Won is assumed for a transfer parking charge. These amounts were slightly above the current bus fare in the study area, but many people thought that the introduction of a traffic transfer system would help to relieve the traffic congestion approaching the tourist area and to develop tourism resources. As the willingness to pay appeared high from the persons used in this study, it was indirectly confirmed that the introduction of a traffic transfer system would be a step in the right direction.
Keywords
Contingent Valuation Method; Multicollinearity; Transfer Traffic System; Variance Inflation Factors;
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