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Estimating the Economic Value of Function for Public Benefits on Practice of Organic Farming - Using Choice Experiments  

Yoo, Jin-Chae (충북대학교 농업환경생명대학 농업경제학과)
Kong, Ki-Seo (충북대학교)
Yeo, Sun-Sik (충북대학교 대학원)
Seo, Myung-Chul (국립식량과학원 기능성작물부)
Publication Information
Korean Journal of Organic Agriculture / v.18, no.3, 2010 , pp. 291-313 More about this Journal
Abstract
The objective of this paper is to apply choice experiment methods to estimate non-market value of organic farming and its policy implication. A preliminary survey shows that the attributes of organic farming are reduce environmental pollution, bio-diversity improvements, cultural diversity improvements and maintain local community, reduce green-house gas emissions, energy saving, landscape improvements and tax for organic farming improvement policy. Questionnaire was eight different choice sets presented to each respondent. Implicit values of the attributive levels of organic farming have been calculated into tax money costs per house. This paper compared the six feasible scenarios in terms of willingness to pay per year. This study is expected to contribute to government's organic farming policies and quantitative information related to practice of organic farming.
Keywords
organic farming; choice experiment; conditional logit model;
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Times Cited By KSCI : 1  (Citation Analysis)
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