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Research Reports
An integrated assessment to environmental valuation via impact pathway analysis : impact assessment and value estimation by sector
Ⅰ. Value Estimation of Ecosystem Services for Habitat Quality
1. Research Overview
o Research objectives
ㅇ To improve the application of the integrated analysis procedure by estimating the economic value and benefits of the change in ecosystem habitat quality using environmental economy integrated analysis procedure
ㅇ To estimate the economic value based on the results of an assessment of the impact of changes in habitat quality on ecosystem services by Hyunno Kim et al. (2019)
o Research contents
ㅇ Habitat quality, which indicates whether the proper conditions for wildlife inhabitation are provided, corresponds to supporting services among ecosystem services.
ㅇ The results of an assessment of habitat quality based on land cover changes in Jeju Island, previously evaluated by Hyunno Kim et al. (2019), were used.
ㅇ Preferences for ecotourism destinations in Jeju Island and their public perception were identified based on the Jeju Island Ecotourism Survey (2019), and the economic value of the change in habitat quality in 12 main tourist sites were estimated using the choice experiment (CE) method.
2. Literature Review
o Literature review on the economic valuation of biodiversity using the CE method
ㅇ Biodiversity is often included as a major attribute of ecotourism. The properties of the CE method used in previous studies that evaluated the economic value of the major characteristics of ecotourism are as follows:
- Chaminuka et al. (2012): village accommodation, village tours, visits to crafts market
- Juutinen et al. (2011): biodiversity, number of visitors, rest areas info