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Value Analysis of Barrier-free Facilities at Subway Stations Using CVM with a Double Bounded Dichotomous Choice Question  

Jung, Hun-Young (부산대학교 도시공학과)
Baik, Sang-Keun (부산대학교 도시공학과)
Baek, Eun-Sang (부산대학교)
Publication Information
Journal of Korean Society of Transportation / v.26, no.5, 2008 , pp. 205-216 More about this Journal
Abstract
As the aged and physically disabled people are expected to increase in the next several years, traffic demand especially for the 'mobility handicapped people' will be stronger. According to this trend, our society needs the improvement of social overhead capital for the aged and the disabled. First of all, Barrier-free of public transport facilities is urgent case. The purpose of this study is to estimate value of the Barrier-free facilities at subway stations by using Contingent Valuation Method(CVM) with Double Bounded Dichotomous Choice Question and to analyze the factor which affects the WTP(Willingness To Pay) of subway users by using Survival Analysis. As a result of this study, 'Elevators' and 'Escalators' are higher than 'Handicapped Gate Machines' and 'Ramps for Wheelchair' in the aspect of the average willingness to pay. Therefore the government is recommended to install the Barrier-free facilities for going up and down such as 'Elevators' and 'Escalators', and then supply others for just using subway, and passing such as 'Handicapped Gate Machines' and 'Ramps for Wheelchair'. Also, the average willingness to pay of 'mobility handicapped people' is higher than that of 'normal people'. It indicates that 'mobility handicapped people' value each Barrier-free facility high compared to 'normal people'.
Keywords
Double Bounded Dichotomous Choice Question; Contingent Valuation Method(CVM); Barrier-free Facility; Willingness to Pay; Survival Analysis;
Citations & Related Records
Times Cited By KSCI : 4  (Citation Analysis)
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