CHANG, DURK HYUN
|
KOO, BONJIN
| 2026, 60(2)
| pp.35~51
| number of Cited : 0
This study examines how regional context shapes variations in the benefit-cost (B/C) ratio, a key indicator used in public library construction feasibility assessments. The analysis focuses on two public library development projects in Busan, South Korea. Using user survey data, the study analyzed willingness to pay (WTP) and related factors through chi-square tests, independent-samples t-tests, and Spearman’s rank correlation analysis. The results indicate that while mean WTP differed significantly between districts, the effect size was small, suggesting that regional classification alone does not sufficiently account for variations in economic feasibility outcomes. In contrast, significant regional differences were observed in library usage behavior, perceived accessibility, service satisfaction, and perceived necessity. Several of these variables were significantly associated with WTP, although the correlations were modest. These findings demonstrate that economic feasibility indicators are sensitive to regional contextual factors and highlight the need for feasibility evaluations to incorporate broader social and contextual considerations beyond economic metrics alone.