여수 앞바다의 해양오염 방지를 위한 지불의사액 분석
Willingness to Pay for the Prevention of Marine Pollution at the Yeosu Coast
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Abstract
Marine pollution from rapid economic growth, urbanization, industralization, and improved standard of living have resulted in great environmental costs to Korea. In particular, the deterioration of the environmental value of the Yeosu coast area has been recognized as quite an important marine environmental concern because of the Sea Prince oil pollution accident in 1995 as well as its proximity to the Hallyeohaesang National Park. However, the marine environment of the Yeosu coast is not traded in the market, making the measuring of the economic value of the Yeosu coast or the environmental costs of marine pollution at the Yeosu coast is difficult at best.This paper attempts to apply the contingent valuation (CV) method to quantifying the willingness to pay (WTP) for the prevention of marine pollution at the Yeosu coast. The randomly sampled 1,000 households of the seven metropolitan cities (Seoul, Busan, Incheon, Daegu, Gwangju, Daejeon, and Ulsan) in the CV survey stated WTP values without great difficulties and the derived mean WTP estimates were statistically different from zero. The mean WTP for preventing marine pollution of the Yeosu coast was estimated at 11,658 won per household. The aggregate value for large cities amounts to 80.2 billion won. The quantitative information provided in this study can be usefully employed in the decision-making process related to marine pollution control polices.
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