TY - JOUR
T1 - Valuation of the Woopo Wetland in Korea
T2 - A contingent valuation study
AU - Kwak, Seung Jun
AU - Yoo, Seung Hoon
AU - Lee, Chung Ki
PY - 2007/4
Y1 - 2007/4
N2 - A contingent valuation (CV) method was performed to estimate the conservation value of the Woopo Wetland, Ramsar site, in Korea. The CV survey was rigorously designed to comply with the guidelines for best-practiced CV studies. Respondents overall accepted the hypothetical market and were willing to pay a significant amount (2,731 to 3,960 Korean won = USD 2.10 to 3.05), on average, per household annually to conserve the wetland. These findings have important implications for efforts to consider environmental quality in policy decisions.
AB - A contingent valuation (CV) method was performed to estimate the conservation value of the Woopo Wetland, Ramsar site, in Korea. The CV survey was rigorously designed to comply with the guidelines for best-practiced CV studies. Respondents overall accepted the hypothetical market and were willing to pay a significant amount (2,731 to 3,960 Korean won = USD 2.10 to 3.05), on average, per household annually to conserve the wetland. These findings have important implications for efforts to consider environmental quality in policy decisions.
UR - http://www.scopus.com/inward/record.url?scp=33947400109&partnerID=8YFLogxK
U2 - 10.1017/S1355770X06003524
DO - 10.1017/S1355770X06003524
M3 - Article
AN - SCOPUS:33947400109
SN - 1355-770X
VL - 12
SP - 323
EP - 328
JO - Environment and Development Economics
JF - Environment and Development Economics
IS - 2
ER -
