Estimating the public's value for urban forest in the Seoul metropolitan area of Korea: A contingent valuation study

Seung Jun Kwak, Seung Hoon Yoo, Sang Yong Han

Research output: Contribution to journalArticle

27 Citations (Scopus)

Abstract

Urban forests have various environmental benefits that contribute to the quality of urban life. These values, however, have been underestimated or have never been reflected in urban development planning in Korea. As a result, a number of forests in urban areas were either partly or wholly destroyed without their public's value being assessed explicitly. The objective of this paper is to estimate the value attached by the public to Kwanggyo Mountain in the Seoul Metropolitan Area of Korea using a contingent valuation survey, aimed at providing policy-makers with useful information to make an informed public decision in urban development planning. The survey was carefully designed and implemented to meet a number of recommendation rules suggested in the literature. The overall results show that the respondents received the hypothetical scenario well and would be willing to pay a significant amount for the proposed programme of conserving the mountain. The total value stated by the public amounted to approximately 3.77 billion Korean won (US$2.9 million) per year. This quantitative information can be used in policy-making process for urban development plans.

Original languageEnglish
Pages (from-to)2207-2221
Number of pages15
JournalUrban Studies
Volume40
Issue number11
DOIs
Publication statusPublished - 2003 Oct

ASJC Scopus subject areas

  • Environmental Science (miscellaneous)
  • Urban Studies

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