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http://dx.doi.org/10.4491/eer.2014.050

Valuation of the stabilization plan for the foot-and-mouth disease burial sites  

Kim, Geonha (Department of Civil Engineering, Hannam University)
Seol, Sung Soo (Department of Economics, Hannam University)
Publication Information
Abstract
About 4,500 mass burial sites of carcasses from the 2010/2011 outbreak of Foot-and-Mouth (FMD) disease in Korea show very slow stabilization speed, although more than 3 years have passed. Therefore, a plan is being considered to boost the speed of stabilization or removal. This is a study on the social value of the removal plan for 4,500 mass burial sites from the 2010/2011 outbreak of FMD in Korea. This valuation is based on the survey of 1,000 people living all over Korea. Korean people have a willingness to pay 101.2 billion Korean Won (about US $100 million). This value is a large amount, but it is small compared to the cost of a FMD outbreak. The cost for the Korean government from 5 outbreaks since 2000 ranged from 28.8 billion Won to 3.2 trillion Won. These were the costs only paid by the Korean government. One estimate reported that there would be a total damage of 1.4 trillion Won, if FMD outbreak occurs in Jeju Islands, a small part of Korea. If burial sites have very slow stabilization speed and some hazardous contents, the social damage will exceed the removal cost.
Keywords
Foot-and-Mouth disease; Mass burial; Stabilization plan of burial site; Valuation;
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Times Cited By KSCI : 7  (Citation Analysis)
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