1.5경계 양분선택형 모형을 이용한 도시소음 저감의 편익 추정

Translated title of the contribution: Using One and One-half Bounded Dichotomous Choice Model to Measure the Economic Benefits of Urban Noise Reduction

Research output: Contribution to journalArticlepeer-review

Abstract

Recently, the problem of noise has received much attention in the urban environment. This paper attempts to measure the economic benefits of urban noise reduction in the metropolitan area. To this end, the dichotomous choice contingent valuation method is applied. In particular, recently proposed one and one-half bound model that reduces the potential for response bias in the double bound model while maintaining much of its efficiency. We surveyed a randomly selected sample of 800 households in the metropolitan area and asked respondents questions in person-to-person interviews about how they would willing to pay for the noise reduction. Respondents overall accepted the contingent market and were willing to contribute a significant amount(997 to 1,778 won), on average, per household per month. This willingness varies according to individual characteristics such as concerns about noise, dwelling area, and income. The aggregate value of the noise reduction in the sampled metropolitan area amounts to approximately 79.26 to 141.35 billion won per year.
Translated title of the contributionUsing One and One-half Bounded Dichotomous Choice Model to Measure the Economic Benefits of Urban Noise Reduction
Original languageKorean
Pages (from-to)451-485
Number of pages35
Journal자원.환경경제연구
Volume16
Issue number3
StatePublished - Sep 2007

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