동두천 캠프캐슬 오염토양 정화사업에 대한 공공의 지불의사액

Translated title of the contribution: Public Willingness to Pay for Contaminated Soil Remediation in Dongducheon Camp-Castle

Research output: Contribution to journalArticlepeer-review

Abstract

The Korean government is planning to remediate the contaminated soil at the site of a former U.S. camp. Policy-makers are demanding a figure on the public willingness to pay (WTP) for the remediation. Therefore, this paper describes an attempt to measure the public WTP, applying the contingent valuation (CV) method. To this end, a CV survey of 1,000 households in Korea was conducted in 2016. A one-and-one-half-bounded dichotomous choice question was used to derive the WTP responses, and a spike model was used to analyze zero WTP responses. The mean WTP was computed to be KRW 1,717 per household per year and statistically meaningful at the 1% level. Expanding the benefits to the entire national population gives the remediation a value of KRW 32.5 billion per year.
Translated title of the contributionPublic Willingness to Pay for Contaminated Soil Remediation in Dongducheon Camp-Castle
Original languageKorean
Pages (from-to)165-181
Number of pages17
Journal환경정책
Volume25
Issue number2
DOIs
StatePublished - Jun 2017

Fingerprint

Dive into the research topics of 'Public Willingness to Pay for Contaminated Soil Remediation in Dongducheon Camp-Castle'. Together they form a unique fingerprint.

Cite this