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http://dx.doi.org/10.9715/KILA.2016.44.4.001

A Study about the Presumed Economic Value of Miscanthus Landscape Conservation - Miscanthus Colonies in Youngnam Province -  

Park, Seul-gi (Dept. of Landscape Architecture, Graduate School, Pusan National University)
Lee, Sang-Cheol (Dept. of Landscape Architecture, Graduate School, Pusan National University)
Kang, Gi-lae (Institute of Comprehensive Bio Industrial, Pusan National University)
Choi, Song-Hyun (Dept. of Landscape Architecture, Pusan National University)
Publication Information
Journal of the Korean Institute of Landscape Architecture / v.44, no.4, 2016 , pp. 1-13 More about this Journal
Abstract
To detail a picture of the economic value of Miscanthus landscape conservation in terms of cultural services aspects of Ecosystem Services, Sunghaksan(Mt.), Hwawangsan(Mt.) and Jaeyaksan(Mt.), which are known for their Miscanthus colonies, were chosen as survey sites. After examining the willingness to pay for the value of Miscanthus landscape conservation by targeting of visitors each study area, the economic value of Miscanthus landscape conservation per capita aspects was evaluated using Contingent Valuation Methods(CVM) from the collected willingness to pay for economic value of Miscanthus scenery by site. After using the target Chi-square test to analyze the differences among each site, the correlation between specific variables was investigated. Willingness to pay for the Miscanthus landscape conservation was found to increase as the respondents' income became higher. The more environmental conservation efforts were being made in their daily life, the higher willingness to pay was for Miscanthus landscape conservation. Likewise in other studies, the higher the bid was, the less willingness to pay was. The per capita assessment of the Miscanthus landscape value of the logit models in the dual estimated using the factor extracted with each of the injected variable bounds was estimated for Seunghaksan (\38,277), Hwawangsan(\38,648), and Jaeyaksan(\48,891). The average of the three sites was estimated to be \38,679. Assessment of the economic value of these Miscanthus landscape sites saw high willingness to pay by visitors when compared to the current market price inflation, such as watching movies or amusement park admission, which could mean that visitors recognize the value of ecosystem services from nature in evaluating the Miscanthus landscape.
Keywords
CVM; WTP; Ecosystem Service; Logit Models in Dual Estimate;
Citations & Related Records
Times Cited By KSCI : 6  (Citation Analysis)
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