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Measuring the Conservation Value of Lagoons: The Case of Songji Lagoon
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  • Journal title : Ocean and Polar Research
  • Volume 27, Issue 2,  2005, pp.161-169
  • Publisher : Korea Institute of Ocean Science & Technology
  • DOI : 10.4217/OPR.2005.27.2.161
 Title & Authors
Measuring the Conservation Value of Lagoons: The Case of Songji Lagoon
Kwak, Seung-Jun; Yoo, Seung-Hoon; Chang, Jeong-In;
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In recent days, most of the lagoons in Korea have been lost on account of indiscreet development and pollution. Thus, this study measures the conservation value of the Songji lagoon, a representative lagoon in Korea by using the contingent valuation (CV) method and specifies the non-use value of Songji lagoon. The survey was carefully desigrled and implemented to meet a number of recommendation rules suggested in the literature. The overall results show that the respondents well accepted the contingent market and would be willing to pay a significant amount for the proposed program to conserve Songii lagoon. Total Conservation value of Songji lagoon amounted to approximately 21.2 billion Korean won per year. Moreover, the non-use value of Songji lagoon amounted 15.7 billion Korean won per yew. The results of measuring the conservation value provide decision-makers with data indispensable to devising a conservation and management policy.
Songji lagoon;conservation value;contingent valuation method;willingness to pay;
 Cited by
독도의 비시장적 가치 평가,유승훈;이주석;정영근;

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