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http://dx.doi.org/10.7851/ksrp.2014.20.4.067

Economic Valuation of Official Management for Invasive Insects and Diseases in Fruits  

Kwon, Daeyoung (Program in Regional Information, Dept. of Agricultural Economics and Rural Development, Seoul National University)
Son, Minsu (Program in Regional Information, Dept. of Agricultural Economics and Rural Development, Seoul National University)
Kim, Brian H.S. (Program in Regional Information, Dept. of Agricultural Economics and Rural Development, Seoul National University)
Publication Information
Journal of Korean Society of Rural Planning / v.20, no.4, 2014 , pp. 67-76 More about this Journal
Abstract
The objective of this study is to estimate the economic value of official management and control for invasive insects and diseases in fruits. The direct and indirect effect of this control measure can be the changes in price of fruits and related goods, changes in export volume of domestic fruits, changes in total volume of fruit production, and reduce the risk in food safety. The contingent valuation method with the single-bounded dichotomous choice is employed to estimate each household's willingness-to-pay (WTP) to maintain official management and control measures. The total number of sample consists 2,050 respondents between the ages of 19-60 years, and the survey is conducted using Web-based survey. The estimated results for mean WTP is 5,443won per month per household. Therefore, the total economic value of official management and control on fruit in Korea is estimated to be approximately 94.4 billion won per month.
Keywords
Disease and Insect Pest; Public Control Measure; Fruits; Contingent Valuation Method; Willingness to Pay;
Citations & Related Records
Times Cited By KSCI : 2  (Citation Analysis)
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