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http://dx.doi.org/10.11625/KJOA.2020.28.3.273

Measuring Farmers' Willingness to Accept of Direct Payment for Increasing Public Benefit  

Kim, Se-Hyuk (경북대학교 농업과학기술연구소)
Chae, Hong-Gi (경북대학교 농업경제학과)
Kim, Tae-Kyun (경북대학교 농업경제학과)
Publication Information
Korean Journal of Organic Agriculture / v.28, no.3, 2020 , pp. 273-288 More about this Journal
Abstract
The purpose of this study is to estimate farmers' willingness to accept (WTA) of direct payment for increasing public benefit using the contingent valuation method. The double-bounded dichotomous choice and the open-ended question were used to measure WTAs for basic form and optional form, respectively. The results show that WTA for basic form was inversely proportional to the acreage. WTAs were KRW 1,694,001 with 2 ha or less, KRW 1,617,789 with over 2 ha~6 ha, and KRW 1,562,977 with over 6 ha. The results also indicate that WTAs for optional form are similar to payments of agricultural environmental conservation program except physical (chemical) control of pests and weed. The results of this study can provide useful information for the establishment of direct payment for increasing public benefit.
Keywords
contingent valuation method; direct payment for increasing public benefit; interval regression model; willingness to accept;
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