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http://dx.doi.org/10.11625/KJOA.2013.21.2.125

Valuation and Preference of Urban Agriculture Park using Choice Experiment  

Heo, Joo-Nyung (한국농촌경제연구원)
Kim, Tae-Gon (한국농촌경제연구원)
Publication Information
Korean Journal of Organic Agriculture / v.21, no.2, 2013 , pp. 125-137 More about this Journal
Abstract
The Purpose of this paper is to estimates consumers' willingness to pay for Urban Agriculture Park attributes. we analysis the marginal WTP by choice experiment method. Choice experiment (CE) is designed to elicit the marginal WTP differences among urban agriculture park attributes (garden scales, learning and experience area, leisure and relaxation area and fund). The results of multinomial logit model are meaningful, the total marginal WTP on the urban agriculture park attributes is 18,852 won. gardens scales is 2,949 won, learning and experience area is 11,284 won, leisure and relaxation area is 4,619 won. In the current laws, the facilities related to urban agriculture park is not. Taking advantage of the new urban agriculture park, Amendments of the law is required.
Keywords
urban agriculture; urban agriculture park; choice experiment; marginal willingness to pay; multinomial logit model;
Citations & Related Records
Times Cited By KSCI : 1  (Citation Analysis)
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