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American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association) >
2004 Annual meeting, August 1-4, Denver, CO >
Please use this identifier to cite or link to this item:
http://purl.umn.edu/19911
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| Title: | The cost-benefit analysis of the improvement of water quality of the Paldang reservoir in Korea |
| Authors: | Cho, Yongsung
Kim, Hong |
| Authors (Email): | Cho, Youngsung (yscho@korea.ac.kr)
Kim, Hong (Kim.jin@epa.gov) |
| Issue Date: | 2004 |
| Series/Report no.: | Selected Paper |
| Abstract: | This study estimated monetary value of water quality improvement from 3rd class to 1st class in the Paldang reservoir using the contingent valuation method (CVM) to measure individuals' willingness to pay (WTP) of questionnaire respondents for improving the water quality of the Paldang reservoir and analyzed what factors influence their WTPs. This study also measured compliance costs of proposed regulations to the polluting sources. The estimated individual WTP was used to calculate the total WTP of the community affected, and then it was compared with the compliance costs of proposed regulations to the polluting sources. |
| URI: | http://purl.umn.edu/19911 |
| Institution/Association: | American Agricultural Economics Association>2004 Annual meeting, August 1-4, Denver, CO |
| Total Pages: | 16 |
| Language: | English |
| Collections: | 2004 Annual meeting, August 1-4, Denver, CO
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| sp04ch02.pdf | 127Kb | PDF | View/Open |
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