Journal of Korean Society of Rural Planning (농촌계획)

Korean Society of Rural Planning (한국농촌계획학회)
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Measuring Landscape Value of Jeju Island's Stonewall Fencing Farming Land for the Introduction of Direct Payment System of the Landscape Preservation

경관보전직불제 도입을 위한 제주밭담의 경관가치 평가

  • Ko, Seong-Bo (Department of Industrial & Applied Economics and the Research Institute for Subtropical Agriculture and Biotechnology, Cheju National University)
  • 고성보 (제주대학교 산업응용경제학과.아열대농업생명과학연구소)
  • Published : 2007.12.30
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Abstract

The dichotomous-choice contingent valuation method is applied to estimate the landscape value of Jeju Island's stonewall fencing farming land. A distribution-free approach, Turnbull empirical distribution model, is employed to solve negative willingness to pay and truncation problems. The data used are collected from the interviews with tourist about willingness-to-pay at the various donation amount levels of Jeju stonewall's landscape value. The evaluation result is shown that the average amount of willingness to pay for the Jeju stonewall fencing farming land is 3,001 won per meter with standard deviation of 511.0 won/m.

Keywords

References

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