IDEAS home Printed from https://ideas.repec.org/a/gam/jsusta/v10y2018i7p2461-d157903.html
   My bibliography  Save this article

Monetary Valuation of Urban Forest Attributes in Highly Developed Urban Environments: An Experimental Study Using a Conjoint Choice Model

Author

Listed:
  • Sung-Kwon Hong

    (Department of Forestry and Landscape Architecture, Konkuk University, Gwangjin-gu, Seoul 05029, Korea)

  • Ju-Mi Kim

    (Graduate Program, Department of Environmental Science, Konkuk University, Gwangjin-gu, Seoul 05029, Korea)

  • Hyun-Kil Jo

    (Department of Ecological Landscape Architecture Design, Kangwon National University, Chuncheon 24341, Korea)

  • Sang-Woo Lee

    (Department of Forestry and Landscape Architecture, Konkuk University, Gwangjin-gu, Seoul 05029, Korea)

Abstract

It is important to integrate user preferences and demands into the design, planning, and management of urban forests. This is particularly important in highly urbanized areas where land is extremely limited. Based on a survey with 600 participants selected by quota sampling in Seoul, Korea, we developed a conjoint choice model for determining the preferences of urban dwellers on urban forest attributes, the levels of attributes, and the preferences for particular attributes. Then, the preferences were transformed into monetary values. The results indicated that urban dwellers preferred broadleaved forests over coniferous forests, soil-type pavement materials over porous elastic pavement materials on trails, and relatively flat trails over trails with steep slopes. The model indicated that participants were willing to pay an additional 11.42 USD to change coniferous forest to broadleaved forest, 15.09 USD to alter porous elastic pavement materials on trails to soil-type pavement materials on trails, and 23.8 USD to modify steeply sloping trails to relatively flat trails. As previously reported, considerable distance decay effects have been observed in the user preferences for urban forests. We also found a significant difference in the amount of the mean marginal willingness to pay among sociodemographic subgroups. In particular, there were significant positive responses from the male group to changes in urban forest attributes and their levels in terms of their willingness to pay additional funds. By contrast, the elderly group had the opposite response. In this study, we were not able to integrate locality and spatial variation in user preferences for urban forests derived from locational characteristics. In future studies, the role of limiting factors in user preferences for urban forests and their attributes should be considered.

Suggested Citation

  • Sung-Kwon Hong & Ju-Mi Kim & Hyun-Kil Jo & Sang-Woo Lee, 2018. "Monetary Valuation of Urban Forest Attributes in Highly Developed Urban Environments: An Experimental Study Using a Conjoint Choice Model," Sustainability, MDPI, vol. 10(7), pages 1-22, July.
  • Handle: RePEc:gam:jsusta:v:10:y:2018:i:7:p:2461-:d:157903
    as

    Download full text from publisher

    File URL: https://www.mdpi.com/2071-1050/10/7/2461/pdf
    Download Restriction: no

    File URL: https://www.mdpi.com/2071-1050/10/7/2461/
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Völker, Sebastian & Kistemann, Thomas, 2013. "“I'm always entirely happy when I'm here!” Urban blue enhancing human health and well-being in Cologne and Düsseldorf, Germany," Social Science & Medicine, Elsevier, vol. 78(C), pages 113-124.
    2. Louviere, Jordan J. & Islam, Towhidul, 2008. "A comparison of importance weights and willingness-to-pay measures derived from choice-based conjoint, constant sum scales and best-worst scaling," Journal of Business Research, Elsevier, vol. 61(9), pages 903-911, September.
    3. Dumenu, William Kwadwo, 2013. "What are we missing? Economic value of an urban forest in Ghana," Ecosystem Services, Elsevier, vol. 5(C), pages 137-142.
    4. Bujosa Bestard, Angel & Font, Antoni Riera, 2009. "Environmental diversity in recreational choice modelling," Ecological Economics, Elsevier, vol. 68(11), pages 2743-2750, September.
    5. Adamowicz W. & Louviere J. & Williams M., 1994. "Combining Revealed and Stated Preference Methods for Valuing Environmental Amenities," Journal of Environmental Economics and Management, Elsevier, vol. 26(3), pages 271-292, May.
    6. Chan, Kai M.A. & Satterfield, Terre & Goldstein, Joshua, 2012. "Rethinking ecosystem services to better address and navigate cultural values," Ecological Economics, Elsevier, vol. 74(C), pages 8-18.
    7. Zandersen, Marianne & Termansen, Mette & Jensen, Frank S., 2007. "Evaluating approaches to predict recreation values of new forest sites," Journal of Forest Economics, Elsevier, vol. 13(2-3), pages 103-128, August.
    8. Wiktor Adamowicz & Peter Boxall & Michael Williams & Jordan Louviere, 1998. "Stated Preference Approaches for Measuring Passive Use Values: Choice Experiments and Contingent Valuation," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 80(1), pages 64-75.
    9. Boxall, Peter C. & Adamowicz, Wiktor L. & Swait, Joffre & Williams, Michael & Louviere, Jordan, 1996. "A comparison of stated preference methods for environmental valuation," Ecological Economics, Elsevier, vol. 18(3), pages 243-253, September.
    10. Kelvin J. Lancaster, 1966. "A New Approach to Consumer Theory," Journal of Political Economy, University of Chicago Press, vol. 74(2), pages 132-132.
    11. Japelj, Anže & Mavsar, Robert & Hodges, Donald & Kovač, Marko & Juvančič, Luka, 2016. "Latent preferences of residents regarding an urban forest recreation setting in Ljubljana, Slovenia," Forest Policy and Economics, Elsevier, vol. 71(C), pages 71-79.
    12. Kelley, Hugh & van Rensburg, Thomas M. & Jeserich, Nadine, 2016. "Determinants of demand for recreational walking trails in Ireland," Tourism Management, Elsevier, vol. 52(C), pages 173-186.
    13. Tran Tuan & Stale Navrud, 2007. "Valuing cultural heritage in developing countries: comparing and pooling contingent valuation and choice modelling estimates," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 38(1), pages 51-69, September.
    14. Nick Hanley & Robert Wright & Vic Adamowicz, 1998. "Using Choice Experiments to Value the Environment," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 11(3), pages 413-428, April.
    15. Cullinan, John & Hynes, Stephen & O'Donoghue, Cathal, 2011. "Using spatial microsimulation to account for demographic and spatial factors in environmental benefit transfer," Ecological Economics, Elsevier, vol. 70(4), pages 813-824, February.
    16. Louviere,Jordan J. & Hensher,David A. & Swait,Joffre D. With contributions by-Name:Adamowicz,Wiktor, 2000. "Stated Choice Methods," Cambridge Books, Cambridge University Press, number 9780521788304.
    17. David Edwards & Marion Jay & Franck S Jensen & Beatriz Lucas & Mariella Marzano & Claire C. Montagné-Huck & Andrew Peace & Gerhard Weiss, 2012. "Public preferences across europe for different forest stand types as site for recreation," Post-Print hal-02647764, HAL.
    18. Jens Abildtrup & Søren Bøye Olsen & Anne Stenger, 2015. "Combining RP and SP data while accounting for large choice sets and travel mode - an application to forest recreation," Journal of Environmental Economics and Policy, Taylor & Francis Journals, vol. 4(2), pages 177-201, July.
    19. Wang, Xuehong & Bennett, Jeff & Xie, Chen & Zhang, Zhitao & Liang, Dan, 2007. "Estimating non-market environmental benefits of the Conversion of Cropland to Forest and Grassland Program: A choice modeling approach," Ecological Economics, Elsevier, vol. 63(1), pages 114-125, June.
    20. McAlister, Leigh & Pessemier, Edgar, 1982. "Variety Seeking Behavior: An Interdisciplinary Review," Journal of Consumer Research, Journal of Consumer Research Inc., vol. 9(3), pages 311-322, December.
    21. Green, Paul E & Srinivasan, V, 1978. "Conjoint Analysis in Consumer Research: Issues and Outlook," Journal of Consumer Research, Journal of Consumer Research Inc., vol. 5(2), pages 103-123, Se.
    22. Christie, Mike & Hanley, Nick & Warren, John & Murphy, Kevin & Wright, Robert & Hyde, Tony, 2006. "Valuing the diversity of biodiversity," Ecological Economics, Elsevier, vol. 58(2), pages 304-317, June.
    23. Hrushikesh Mallick & Mantu Kumar Mahalik, 2015. "Factors determining regional housing prices: evidence from major cities in India," Journal of Property Research, Taylor & Francis Journals, vol. 32(2), pages 123-146, June.
    24. Anderson, Soren T. & West, Sarah E., 2006. "Open space, residential property values, and spatial context," Regional Science and Urban Economics, Elsevier, vol. 36(6), pages 773-789, November.
    25. Tyrvainen, Liisa & Miettinen, Antti, 2000. "Property Prices and Urban Forest Amenities," Journal of Environmental Economics and Management, Elsevier, vol. 39(2), pages 205-223, March.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Sung-Kwon Hong & Sang-Woo Lee & Hyun-Kil Jo & Miyeon Yoo, 2019. "Impact of Frequency of Visits and Time Spent in Urban Green Space on Subjective Well-Being," Sustainability, MDPI, vol. 11(15), pages 1-25, August.
    2. Chad M. Botes & Alberto M. Zanni, 2021. "Trees, ground vegetation, sidewalks, cycleways: users’ preferences and economic values for different elements of an urban street—a case study in Taipei," Environmental Economics and Policy Studies, Springer;Society for Environmental Economics and Policy Studies - SEEPS, vol. 23(1), pages 145-171, January.
    3. Bottero, Marta & Bravi, Marina & Caprioli, Caterina & Dell'Anna, Federico, 2023. "Combining Revealed and Stated Preferences to design a new urban park in a metropolitan area of North-Western Italy," Ecological Modelling, Elsevier, vol. 483(C).

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Haghani, Milad & Bliemer, Michiel C.J. & Hensher, David A., 2021. "The landscape of econometric discrete choice modelling research," Journal of choice modelling, Elsevier, vol. 40(C).
    2. F Alpizar & F Carlsson & P Martinsson, 2003. "Using Choice Experiments for Non-Market Valuation," Economic Issues Journal Articles, Economic Issues, vol. 8(1), pages 83-110, March.
    3. Catalina M. Torres Figuerola & Antoni Riera Font, 2009. "Defining environmental attributes as external costs in choice experiments: A discussion," CRE Working Papers (Documents de treball del CRE) 2009/1, Centre de Recerca Econòmica (UIB ·"Sa Nostra").
    4. Helen Scarborough & Jeff Bennett, 2012. "Cost–Benefit Analysis and Distributional Preferences," Books, Edward Elgar Publishing, number 14376.
    5. Francisco Guijarro & Prodromos Tsinaslanidis, 2020. "Analysis of Academic Literature on Environmental Valuation," IJERPH, MDPI, vol. 17(7), pages 1-14, March.
    6. Yasushi Shoji & Koichi Kuriyama & Taro Mieno & Yohei Mitani, 2008. "Providing quality recreation experiences in Japan," Economics Bulletin, AccessEcon, vol. 17(7), pages 1-11.
    7. Robert J. Johnston & Kevin J. Boyle & Wiktor (Vic) Adamowicz & Jeff Bennett & Roy Brouwer & Trudy Ann Cameron & W. Michael Hanemann & Nick Hanley & Mandy Ryan & Riccardo Scarpa & Roger Tourangeau & Ch, 2017. "Contemporary Guidance for Stated Preference Studies," Journal of the Association of Environmental and Resource Economists, University of Chicago Press, vol. 4(2), pages 319-405.
    8. Concu, Giovanni B., 2007. "Investigating distance effects on environmental values: a choice modelling approach," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 51(2), pages 1-20.
    9. Richard T. Carson & Miko_aj Czajkowski, 2014. "The discrete choice experiment approach to environmental contingent valuation," Chapters, in: Stephane Hess & Andrew Daly (ed.), Handbook of Choice Modelling, chapter 9, pages 202-235, Edward Elgar Publishing.
    10. Jin, Jianjun & Wang, Zhishi & Ran, Shenghong, 2006. "Comparison of contingent valuation and choice experiment in solid waste management programs in Macao," Ecological Economics, Elsevier, vol. 57(3), pages 430-441, May.
    11. De Valck, Jeremy & Vlaeminck, Pieter & Liekens, Inge & Aertsens, Joris & Chen, Wendy & Vranken, Liesbet, 2012. "The sources of preference heterogeneity for nature restoration scenarios," Working Papers 146522, Katholieke Universiteit Leuven, Centre for Agricultural and Food Economics.
    12. Stine Broch & Suzanne Vedel, 2012. "Using Choice Experiments to Investigate the Policy Relevance of Heterogeneity in Farmer Agri-Environmental Contract Preferences," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 51(4), pages 561-581, April.
    13. Grafeld, Shanna & Oleson, Kirsten & Barnes, Michele & Peng, Marcus & Chan, Catherine & Weijerman, Mariska, 2016. "Divers' willingness to pay for improved coral reef conditions in Guam: An untapped source of funding for management and conservation?," Ecological Economics, Elsevier, vol. 128(C), pages 202-213.
    14. Rewitzer, Susanne & Huber, Robert & Grêt-Regamey, Adrienne & Barkmann, Jan, 2017. "Economic valuation of cultural ecosystem service changes to a landscape in the Swiss Alps," Ecosystem Services, Elsevier, vol. 26(PA), pages 197-208.
    15. Taro Ohdoko & Kentaro Yoshida, 2012. "Public preferences for forest ecosystem management in Japan with emphasis on species diversity," Environmental Economics and Policy Studies, Springer;Society for Environmental Economics and Policy Studies - SEEPS, vol. 14(2), pages 147-169, April.
    16. Colombo, Sergio & Calatrava-Requena, Javier & Hanley, Nick, 2006. "Analysing the social benefits of soil conservation measures using stated preference methods," Ecological Economics, Elsevier, vol. 58(4), pages 850-861, July.
    17. Japelj, Anže & Mavsar, Robert & Hodges, Donald & Kovač, Marko & Juvančič, Luka, 2016. "Latent preferences of residents regarding an urban forest recreation setting in Ljubljana, Slovenia," Forest Policy and Economics, Elsevier, vol. 71(C), pages 71-79.
    18. Blamey, R. K. & Bennett, J. W. & Louviere, J. J. & Morrison, M. D. & Rolfe, J., 2000. "A test of policy labels in environmental choice modelling studies," Ecological Economics, Elsevier, vol. 32(2), pages 269-286, February.
    19. Sophal Chhun & Paul Thorsnes & Henrik Moller, 2013. "Preferences for Management of Near-Shore Marine Ecosystems: A Choice Experiment in New Zealand," Resources, MDPI, vol. 2(3), pages 1-33, September.
    20. Falck-Zepeda, José & Kilkuwe, Enoch & Wesseler, Justus, 2008. "Introducing a genetically modified banana in Uganda: Social benefits, costs, and consumer perceptions," IFPRI discussion papers 767, International Food Policy Research Institute (IFPRI).

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:gam:jsusta:v:10:y:2018:i:7:p:2461-:d:157903. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: MDPI Indexing Manager (email available below). General contact details of provider: https://www.mdpi.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.