Browse > Article

Estimating the Use and Preservation Values of Jirisan National Park Using a Dichotomous Contingent Valuation  

Han, Sang-Yoel (Korea National Park Research Institute, Korea National Park Service)
Publication Information
Journal of Korean Society of Forest Science / v.95, no.5, 2006 , pp. 551-555 More about this Journal
Abstract
This research was conducted to estimate the use and preservation values of Jirisan national park, using a dichotomous choice contingent valuation. Jirisan national park was estimated to have the use value of 6,377 won per visitor. In terms of preservation value was estimated 13,030 won per housed per year. The results of this research show that Jirisan national park generated considerable use and preservation values, exceeding far greater than current admission fees. The findings also indicate that the estimated economic value provides enough justification for the national park service to increase admission fees in order to maintain the quality of the natural environment. This result may contribute to guidance on the pricing policy of national park managers and practitioners, although public policy may be made in the political arena.
Keywords
national park; contingent valuation; use value; preservation value;
Citations & Related Records
Times Cited By KSCI : 1  (Citation Analysis)
연도 인용수 순위
1 Forster, B.A. 1989. Valuing outdoor recreational activity: a methodological survey. Journal of Leisure Research, 21(2): 181-201   DOI
2 Hanemann, W.M. 1994. Valuing the environment through contingent valuation. Journal of Economic Perspectives, 8(4): 19-43   DOI   ScienceOn
3 Laarman, J.G. and Gregersen, H.M. 1996. Pricing policy in nature-based tourism. Tourism Management, 17(4): 247-254   DOI   ScienceOn
4 Lee, C.K. and Han, S.Y. 2002. Estimating the use and preservation values of national parks' tourism resources using a contingent valuation method. Tourism Management 23: 531-540   DOI   ScienceOn
5 Pindyck, R.S. and Rubinfeld, D. 1981. Econometric models and economic forecasts. 2nd ed. New York: McGraw-Hill
6 Seller, C., Stoll, J.R. and Chavas, J.P. 1985. Validation of empirical measures of welfare change: a comparison of nonmarket techniques. Land Economics, 61 (2): 156-175   DOI   ScienceOn
7 www.knps.or.kr
8 Hanemann, W.M. 1984. Welfare evaluations in contingent valuation experiments with discrete responses. American Journal of Agricultural Economics, 66(3): 332-34l   DOI   ScienceOn
9 Sorg, C.F. and Nelson, L.J. 1987. Net economic value of waterfowl hunting in Idaho. Resource Bulletin RM14, Fort Collins, CO: USDA Forest Service
10 Hanemann, W.M., Loomis, J. and Kanninen, B. 1991. Statistical efficiency of double-bounded dichotomous choice contingent valuation. American Journal of Agricultural Economics, 73(4): 1255-1263   DOI   ScienceOn
11 Carson, R.T. and Mitchell, R.C. 1993. The value of clean water: The public's willingness to pay for boatable, fishable, and swimmable quality water. Water Resources Research, 29(July): 2445-2454   DOI   ScienceOn
12 Walsh, R.G., Loomis, J.B. and Gillman, R.A. 1984. Valuing option, existence, and bequest demand for wilderness. Land Economics, 60(1): 14-29   DOI   ScienceOn
13 Hanernann, W.M. 1989. Welfare evaluations in contingent valuation experiments with discrete response data: reply. American Journal of Agricultural Economics, 71(3): 332-341.
14 Capps, O . Jr, and Cramer. 1985. Analysis of food stamp participation using qualitative choice models. American Journal of Agricultural Economics, 67(1): 49-59   DOI   ScienceOn
15 Duffield, J.W. and Patterson, D.A. 1991. Inference and optimal design for a welfare measure in dichotomous choice contingent valuation. Land Economics 67: 225-239   DOI   ScienceOn
16 Lockwood, M. & Tracy, K. 1995. Nonmarket economic valuation of an urban recreation park. Journal of Lei-sure Research, 27(2): 155-168   DOI
17 Moore, S. and Carter, B. 1993. Ecotourism in the 21st Century. Tourism Management, 14(2): 123-130   DOI   ScienceOn
18 Korea National Park Service. 2005. 2004 Report of Korea National Parks. Seoul: government printers
19 Sorg, C.F., Loomis, L, Donnelly, D.M., Peterson, G. and Nelson, L.J. 1985. Net economic value of cold and warm water fishing in Idaho. Resource Bulletin RM11, Fort Collins, CO: USDA Forest Service
20 Greenley, D.A, Walsh, R.G. and Young, R.A. 1981. Option value: empirical evidence from a case study of recreation and water quality. The Quarterly Journal of Economics, 96(November): 657-672   DOI   ScienceOn
21 Sellar, C., Chavas, J.P. and Stoll, J.R. 1986. Specification of the logit model: the case of valuation of nonmarket goods. Journal of Environmental Economics and Management, 13(4): 382-390   DOI
22 Randall, A., Ives, B. and Eastman, C. 1974. Bidding games for valuation of aesthetic environmental improvements. Journal of Environmental Economics and Management, 1(2): 132-149   DOI
23 Bishop, R.C. and Heberlein, T.A. 1979. Measuring values of extramarket goods: are indirect measures biased?' American Journal of Agricultural Economics, 61(5): 926-930   DOI   ScienceOn
24 Walsh, R.G. 1986. Recreation economic decisions: comparing benefits and costs. State College, PA: Ventur