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The Conservation Value of Endangered Marine Species: The Case of the Ellobium Chinense

보호대상해양생물의 보전가치 추정: 대추귀고둥을 대상으로

Lim, Seul-Ye;Lee, Chang-Su;Kim, Min-Seop;Yoo, Seung-Hoon
임슬예;이창수;김민섭;유승훈

  • Received : 2015.11.02
  • Accepted : 2015.12.28
  • Published : 2015.12.31

Abstract

This paper attempts to quantitatively assess the conservation value of Ellobium chinense (EC), which belongs to the endangered marine species designated by Ministry of Oceans and Fisheries. To this end, we apply the contingent valuation (CV) method, an economic technique of valuing a non-market goods such as EC. A national survey of randomly selected 1,000 households was administered in order to derive the public's willingness to pay (WTP) for conserving EC. One-and-one-half-bound model was adopted to elicit the WTP responses and a spike model was employed to deal with the zero WTP responses. The results show that the conservation value of EC is estimated to be 2,346 won per household per year that is statistically significant at the 1% level. Expanding the value to the national population gives us an annual value of 43.8 billion won. We can judge that the Korean people are willing to pay a significant amount to conserve EC.

Keywords

Endangered marine species;Conservation value;Ellobium chinense;Contingent valuation method;Willingness to pay

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Cited by

  1. The Marine Environmental Assessment of Reclamation on the Habitat of Marine Endangered Species : Case Study on the Habitat of Clithon Retropictus and Ellobium Chinense vol.30, pp.4, 2018, https://doi.org/10.13000/JFMSE.2018.08.30.4.1439
  2. The Eco-economical Evaluation of Tidal Flat Restoration in Suncheon Bay vol.21, pp.2, 2018, https://doi.org/10.7846/JKOSMEE.2018.21.2.47

Acknowledgement

Supported by : 국립해양생물자원관