• Environmental and Resource Economics Review
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• v.24 no.2
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• pp.283-309
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• 2015

Nagoya Protocol came into effect October of 2014. For Korean companies to follow Nagoya Protocol with ease, this research conducts the survey to figure out consumers' additional willingness to pay for bio-diversity. The hypothesis that the bio-diversity label will make an impact on willingness to pay through emotional value, conditional value, and epistemic value is based on consumption value theory. The survey is conducted for two product categories; first one is utilitarian product (milk) and the other one is hedonic product (cosmetics). The analysis result shows the bio-diversity label on both product categories incur additional willingness to pay. Especially, expectation on effectiveness of bio-diversity label increases the additional willingness to pay on biodiversity label. This implies for easy following on Nagoya Protocol, the education and promotion of bio-diversity is need to increase consumers' additional willingness to pay, which can be the attraction for companies to obey the Nagoya Protocol.

• Journal of the Korea Academia-Industrial cooperation Society
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• v.16 no.3
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• pp.2249-2254
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• 2015

Currently, green house gas(GHG) emissions in korea is aiming for a 30% reduction that it is compared to BAU by 2020. To this end, the government has proceed to a variety of reduction policies in GHG. In particular, GHG reduction effect in the public buildings is being a active discussion. It needs to reduce GHG for energy efficiency improvements in the way that public buildings are operated and maintained by public taxes. In this background, the purpose of this paper is to study environmental values judgement for non-market goods in the residents who use public buildings. The results of study are as follows; Respond to first suggested price was found the higher in price, the lower in willingness to pay(WTP). The result of second suggested price was as the same. Analysis of DBDC CVM revealed that income level shows a positive impact on WTP, but the other variables are irrelevant to WTP. Therefore, the citizen participation of the local population seems absolutely necessary to more effective GHG reduction of public sector in the future.

• Journal of Environmental Policy
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• v.9 no.1
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• pp.83-107
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• 2010

Urbanized environments are constructed to estimate peak flow and cost savings in response to possible BMP allocation at a watershed scale. The main goal is to explore the proper allocation of sub-watershed level BMPs for peak flow attenuation at a watershed scale. Since several individual site scale BMPs work as a form of aggregated BMPs at a sub-watershed scale, it is a question as to how to properly allocate the sub-watershed level BMPs at a watershed scale. The Hydrological Simulation Program-FORTRAN (HSPF) is set up for a hypothetically urbanized watershed. A peak flow is determined to be the primary variable of interest and targeted to characterize the spatial distribution of aggregated BMPs. Construction cost of a regional pond forms the basis of the economic valuation. The results indicate that when total size of BMPs is constant in the entire watershed, (1) it is most effective to have aggregated BMPs in some upper sub-watersheds while the BMPs in either the mainstem sub-watershed or a single sub-watershed are the least effective choices for peak flow attenuation at a watershed scale; (2) savings exist between allocation differences and reduced peak flow increases cost savings. The largest saving is found in the strategy of aggregated BMPs in some upper sub-watersheds. These findings, however, call for follow-up site specific case studies revisiting the watershed scale impacts of BMP allocation. Then, it will be argued that location and extent of decentralization are considerable policy variables for an alternative stormwater management policy at a watershed scale.