Abstract
As interest in the protection and conservation of marine ecosystems increases, coral communities are considered as important. Therefore, the government is planning to restore the impaired coral communities. Quantitative information on the values of coral communities restoration is widely demanded, however, there’s hardly any literature. This paper attempts to quantitatively assess value of the attributes of restoring coral communities in Korea using a choice experiment (CE). A survey of 1,000 randomly selected households was undertaken in South Korea. The results show that the marginal willingness to pay (MWTP) values for a 1% increase in the number of colonies per habitat, the number of excellent communities, and the coral cover are estimated to be KRW 76, 78, and 48 per household per year, respectively. The findings can provide policy-makers with useful information for both evaluating and planning the coral communities restoration.
| Translated title of the contribution | The Restoration Value of Coral Communities in Korea |
|---|---|
| Original language | Korean |
| Pages (from-to) | 149-156 |
| Number of pages | 8 |
| Journal | 한국해양환경•에너지학회지 |
| Volume | 21 |
| Issue number | 3 |
| DOIs | |
| State | Published - Aug 2018 |