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Valuation of natural resources for the National Seorak Park using a contingent valuation method: Value measuring on installation of cable cars

  • Journal of Tourism Sciences
  • Abbr : JTS
  • 2011, 35(4), pp.51-73
  • Publisher : The Tourism Sciences Society Of Korea
  • Research Area : Social Science > Tourism

강정길 1 이승곤 2

1대림대학교
2경희대학교

Accredited

ABSTRACT

Using a contingent valuation method, this study estimated the value of the Seoraksan National Park. Particularly, it compared the non-market value of the national park when it had a cable car and when it had not. Data were collected from 403 visitors of the national park on May of 2009. Results showed that the benefit value of the national park could be from 45.7 to 52 billion won per year when it had a cable car in the park. However, the benefit value could be only from 2.9 through 3.6 billion won per year when there was no cable car in the park. This suggested that the benefit value of the national park could be 15 times larger when the park had a cable car. Results also indicated that the respondents considered 'appreciation of beautiful scenery' as the major attraction of the Seoraksan National Park. The respondents also tended to think that installation of cable cars could be a new method of inducing tourists as well as preventing environmental damage of the Seoraksan National Park.

Citation status

* References for papers published after 2022 are currently being built.