Abstract
Whether or not to construct the Tong River Multi-purpose Dam, a large project that will adversely impact local people and the environment, has become quite a controversial issue in Korea. This paper applies a Contingent Valuation (CV) method to obtain a preliminary evaluation of the benefits of protecting the river. A CV survey of Korean households was conducted to estimate their willingness to pay for preserving instream flows in the Tong River and avoiding the dam. Overall, respondents were willing to contribute a significant amount, on average, per household. This willingness varies according to individual characteristics.
Original language | English |
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Pages (from-to) | 142-158 |
Number of pages | 17 |
Journal | International Journal of Environment and Pollution |
Volume | 39 |
Issue number | 1-2 |
DOIs | |
Publication status | Published - 2009 Jul |
Keywords
- CV
- Contingent valuation
- Korea
- Tong River
- WTP
- Willingness to pay
ASJC Scopus subject areas
- Waste Management and Disposal
- Pollution
- Management, Monitoring, Policy and Law