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http://dx.doi.org/10.5762/KAIS.2015.16.3.2249

A study on the WTP estimates of green public buildings by the Contingent Valuation Method  

Kim, Young-Hwan (Dept. of Urban Planning & Real Estate, Cheongju University)
Eo, Sang-Jin (Dept. of Urban Real Estate & Land Management, Cheongju University)
Publication Information
Journal of the Korea Academia-Industrial cooperation Society / v.16, no.3, 2015 , pp. 2249-2254 More about this Journal
Abstract
Currently, green house gas(GHG) emissions in korea is aiming for a 30% reduction that it is compared to BAU by 2020. To this end, the government has proceed to a variety of reduction policies in GHG. In particular, GHG reduction effect in the public buildings is being a active discussion. It needs to reduce GHG for energy efficiency improvements in the way that public buildings are operated and maintained by public taxes. In this background, the purpose of this paper is to study environmental values judgement for non-market goods in the residents who use public buildings. The results of study are as follows; Respond to first suggested price was found the higher in price, the lower in willingness to pay(WTP). The result of second suggested price was as the same. Analysis of DBDC CVM revealed that income level shows a positive impact on WTP, but the other variables are irrelevant to WTP. Therefore, the citizen participation of the local population seems absolutely necessary to more effective GHG reduction of public sector in the future.
Keywords
CVM; DBDC; Green house gas(GHG); Green public buildings; Willingness to pay(WTP);
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Times Cited By KSCI : 4  (Citation Analysis)
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