Assessing the benefits of the greenhouse gas emission reduction policy: A pilot case study of Korea

S. H. Yoo, Seung-Jun Kwak, T. Y. Kim

Research output: Contribution to journalArticle

12 Citations (Scopus)

Abstract

Reducing greenhouse gas (GHG) emissions to avert or slow climate change has become an increasingly important policy issue in developing countries such as Korea, as well as in developed countries. This paper uses the willingness to pay survey technique to assess the benefits that would ensue from a proposed GHG emissions reduction policy. It aims to provide at least a preliminary evaluation of the policy, using Korea as a specific case study. Respondents overall accepted the contingent market and were on average willing to contribute a significant amount toward the GHG emissions reduction policy. This willingness varies according to respondents' individual characteristics and environmental concerns. Finally, this study discusses the importance of including the climate change problem in cost-benefit analysis and presents the policy implications of the results.

Original languageEnglish
Pages (from-to)553-567
Number of pages15
JournalInternational Journal of Environment and Pollution
Volume15
Issue number5
Publication statusPublished - 2001 Sep 26
Externally publishedYes

Fingerprint

Gas emissions
Greenhouse gases
greenhouse gas
Climate change
Cost benefit analysis
Developing countries
climate change
willingness to pay
cost-benefit analysis
developing world
emission reduction
policy
market

Keywords

  • Cost-benefit analysis
  • Greenhouse gas
  • Willingness to pay

ASJC Scopus subject areas

  • Environmental Science(all)
  • Environmental Chemistry
  • Pollution

Cite this

Assessing the benefits of the greenhouse gas emission reduction policy : A pilot case study of Korea. / Yoo, S. H.; Kwak, Seung-Jun; Kim, T. Y.

In: International Journal of Environment and Pollution, Vol. 15, No. 5, 26.09.2001, p. 553-567.

Research output: Contribution to journalArticle

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