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An Estimation of Residents' Willingness-to-pay for Urban Farming in the New Development Areas: Focused on Bundang and Dongtan
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 Title & Authors
An Estimation of Residents' Willingness-to-pay for Urban Farming in the New Development Areas: Focused on Bundang and Dongtan
Rhim, Joo-Ho; Lee, Kyoung-Hwan; Yoon, In-Sook; Yoon, Eun-Joo;
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 Abstract
Recently multifaceted advantages of urban agriculture are emerging in civil society and related policy arena such as food safety, environment, and social welfare. This study tried an estimation of residents' willingness-to-pay for urban farming to examine feasibility of using part of urban green infrastructure as urban farm (e.g. allotment garden). A survey targeting Bundang and Dontan new-town residents was carried out and willingness-to-pay for urban farm rental was estimated by contingent valuation method (CVM). The estimated rent was cross-checked with the rental cost and travel cost paid by hobby farm users in the outskirt of metropolitan area. The result of this study showed that the potential demand for urban farming is ample if urban farms or allotment gardens are planned within new development areas. That is, 72.6 percent of new-town residents questioned had intention of using allotment garden within urban parks and green spaces. Estimated willingness-to-pay for renting a plot, of urban farm, was about 236,000 won(KRW), which is higher than rent for a plot of allotment garden which is located out of city. Variables which were statistically significant to estimated willingness-to-pay for urban farming were sex, age, and occupation of respondents, among other explanatory socio-demographic variables, while expected frequency and duration of visit to urban farm were insignificant.
 Keywords
Urban Farming;Willingness-to-pay;Contingent Valuation Method;Development Project;Allotment Garden;
 Language
Korean
 Cited by
1.
대구 도시농업공원 농업체험에 대한 적정 체험금액분석,임청룡;이순석;장우환;

농촌계획, 2014. vol.20. 3, pp.101-110 crossref(new window)
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