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http://dx.doi.org/10.7851/ksrp.2016.22.3.097

Measuring Recreational Benefits of Chilgap Reservoir Using TCM  

Hong, Seungjee (Dept. of Agricultural Economics, Chungnam Nat'l Univ.)
Kim, Dae-Sik (Dept. of Agricultural & Rural Engineering, Chungnam Nat'l Univ.)
Publication Information
Journal of Korean Society of Rural Planning / v.22, no.3, 2016 , pp. 97-106 More about this Journal
Abstract
The study attempts to estimate the recreational benefits of Chilgap multi-purpose reservoir using the on-site survey sample of 130 visitors. The individual travel cost method is used for measuring the recreational benefits of Chilgap multi-purpose reservoir and a zero-truncated negative binomial model is used to elicit the travel demand function. The price elasticities of visit demand are ranged from 0.29 to 0.39. Recreational benefits are ranged from 119 to 156 thousand won per visit and are ranged from 292 to 383 thousand won per annual. When the number of annual visitors to Chilgap reservoir is appled, then the recreational benefits are ranged from 2.7 to 3.6 billion won. This study could contribute to the advancement of post-construction evaluation in the public construction field similar to Chilgap reservoir.
Keywords
Recreational Benefits; Chilgap Multi-purpose Reservoir; Travel Cost Method; Zero-truncated Negative Binomial Mode;
Citations & Related Records
Times Cited By KSCI : 5  (Citation Analysis)
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