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http://dx.doi.org/10.3741/JKWRA.2011.44.8.629

Assessment of Economic Value of Youngsan River Estuary  

Yoo, Seung-Hoon (Graduate School of Energy and Environment, Seoul National University of Science and Technology)
Lee, Joo-Suk (Department of International Area Studies, Hoseo University)
Publication Information
Journal of Korea Water Resources Association / v.44, no.8, 2011 , pp. 629-637 More about this Journal
Abstract
This study tried to estimate the environmental value of Youngsan river estuary as there are conflicts on the management policy about Youngsan river estuary. For estimating the detailed functional values of Youngsan river estuary, this study used the contingent valuation method with multi attribute utility theory for. In addition, the survey was separately practiced to on-site and off-site. According to estimating results, the annual value of Youngsan river estuary is about 27.4 billion Korean won. The results of this study are expected to contribute to determine the appropriate level of investment and management policies with regard to the estuary and to provide methodological guidelines for follow-up study.
Keywords
Youngsan river estuary; contingent valuation method; multi-attribute utility theory; environmental value;
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Times Cited By KSCI : 1  (Citation Analysis)
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