IDEAS home Printed from https://ideas.repec.org/a/gam/jsusta/v10y2018i9p3199-d168357.html
   My bibliography  Save this article

Public Assessment of Releasing a Captive Indo-Pacific Bottlenose Dolphin into the Wild in South Korea

Author

Listed:
  • Hyo-Jin Kim

    (Department of Energy Policy, Graduate School of Energy & Environment, Seoul National University of Science & Technology, 232 Gongreung-Ro, Nowon-Gu, Seoul 01811, Korea)

  • Se-Jun Jin

    (Department of Energy Policy, Graduate School of Energy & Environment, Seoul National University of Science & Technology, 232 Gongreung-Ro, Nowon-Gu, Seoul 01811, Korea)

  • Seung-Hoon Yoo

    (Department of Energy Policy, Graduate School of Energy & Environment, Seoul National University of Science & Technology, 232 Gongreung-Ro, Nowon-Gu, Seoul 01811, Korea)

Abstract

A captive Indo-Pacific bottlenose dolphin named “Jedol” was released from a zoo into the wild, in Jeju Island Sea off South Korea, in July 2013 to improve his welfare. Since he was illegally captured off the coast of Juju Island in May 2009, he had been performing in dolphin shows at Seoul Zoo, which is owned and operated by the Seoul Metropolitan Government. The release demanded considerable public expenditure, of which the source was local taxes gathered from the residents of Seoul. This paper seeks to conduct an ex-post evaluation of the release, employing the contingent valuation (CV) technique. A total of 500 households living in Seoul in 2013 participated in the CV survey to report their willingness to pay (WTP) for the release. Fifty-two percent were willing to accept an increase in local taxes over the next five years to carry out the release. The mean household WTP estimate was obtained as KRW 4880 (USD 4.56) per annum. The present values of the total WTP and the cost of the release are KRW 79.82 billion (USD 74.53 million) and KRW 751 million (USD 701,000), respectively, in 2013. Interestingly, the former is much more than the latter. We can conclude that the release was desirable from the point of view of Seoul residents.

Suggested Citation

  • Hyo-Jin Kim & Se-Jun Jin & Seung-Hoon Yoo, 2018. "Public Assessment of Releasing a Captive Indo-Pacific Bottlenose Dolphin into the Wild in South Korea," Sustainability, MDPI, vol. 10(9), pages 1-8, September.
  • Handle: RePEc:gam:jsusta:v:10:y:2018:i:9:p:3199-:d:168357
    as

    Download full text from publisher

    File URL: https://www.mdpi.com/2071-1050/10/9/3199/pdf
    Download Restriction: no

    File URL: https://www.mdpi.com/2071-1050/10/9/3199/
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Kim, Ju-Yeon & Mjelde, James W. & Kim, Tae-Kyun & Lee, Choong-Ki & Ahn, Kyung-Mo, 2012. "Comparing willingness-to-pay between residents and non-residents when correcting hypothetical bias: Case of endangered spotted seal in South Korea," Ecological Economics, Elsevier, vol. 78(C), pages 123-131.
    2. W. Michael Hanemann, 1984. "Welfare Evaluations in Contingent Valuation Experiments with Discrete Responses," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 66(3), pages 332-341.
    3. Kontogianni, A. & Tourkolias, C. & Machleras, A. & Skourtos, M., 2012. "Service providing units, existence values and the valuation of endangered species: A methodological test," Ecological Economics, Elsevier, vol. 79(C), pages 97-104.
    4. Naald, Brian Vander & Cameron, Trudy Ann, 2011. "Willingness to pay for other species' well-being," Ecological Economics, Elsevier, vol. 70(7), pages 1325-1335, May.
    5. Boxall, P.C. & Adamowicz, W.L. & Olar, M. & West, G.E. & Cantin, G., 2012. "Analysis of the economic benefits associated with the recovery of threatened marine mammal species in the Canadian St. Lawrence Estuary," Marine Policy, Elsevier, vol. 36(1), pages 189-197, January.
    6. Krinsky, Itzhak & Robb, A Leslie, 1990. "On Approximating the Statistical Properties of Elasticities: A Correction," The Review of Economics and Statistics, MIT Press, vol. 72(1), pages 189-190, February.
    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. Engel, Mônica Tais & Marchini, Silvio & Pont, Ana Carolina & Machado, Rodrigo & Oliveira, Larissa Rosa de, 2014. "Perceptions and attitudes of stakeholders towards the wildlife refuge of Ilha dos Lobos, a marine protected area in Brazil," Marine Policy, Elsevier, vol. 45(C), pages 45-51.
    9. Giraud, Kelly & Turcin, Branka & Loomis, John & Cooper, Joseph, 2002. "Economic benefit of the protection program for the Steller sea lion," Marine Policy, Elsevier, vol. 26(6), pages 451-458, November.
    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. Ju-Hee Kim & Kyung-Kyu Lim & Seung-Hoon Yoo, 2019. "Evaluating Residential Consumers’ Willingness to Pay to Avoid Power Outages in South Korea," Sustainability, MDPI, vol. 11(5), pages 1-12, February.
    2. Ju-Hee Kim & Joseph Kim & Seung-Hoon Yoo, 2020. "What Value Does the Public Put on Managing and Protecting an Endangered Marine Species? The Case of the Finless Porpoise in South Korea," Sustainability, MDPI, vol. 12(11), pages 1-16, June.
    3. Jerry Mauri & Yingli Huang & Jun Harbi & Nathan James Roberts, 2022. "Monetary Valuation of Protected Wild Animal Species as a Contingent Assessment in North Sulawesi, Indonesia," Sustainability, MDPI, vol. 14(17), pages 1-17, August.

    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. Seul-Ye Lim & Se-Jun Jin & Seung-Hoon Yoo, 2017. "The Economic Benefits of the Dokdo Seals Restoration Project in Korea: A Contingent Valuation Study," Sustainability, MDPI, vol. 9(6), pages 1-15, June.
    2. Ju-Hee Kim & Kyung-Ran Choi & Seung-Hoon Yoo, 2020. "Public Perspective on Increasing the Numbers of an Endangered Species, Loggerhead Turtles in South Korea: A Contingent Valuation," Sustainability, MDPI, vol. 12(9), pages 1-14, May.
    3. Ju-Hee Kim & Joseph Kim & Seung-Hoon Yoo, 2020. "What Value Does the Public Put on Managing and Protecting an Endangered Marine Species? The Case of the Finless Porpoise in South Korea," Sustainability, MDPI, vol. 12(11), pages 1-16, June.
    4. Koo, A Mi & Kim, Ju-Hee & Yoo, Seung-Hoon, 2022. "Household willingness to pay for a smart water metering and monitoring system: The case of South Korea," Utilities Policy, Elsevier, vol. 79(C).
    5. Brander, Luke & Eppink, Florian & Hof, Christine Madden & Bishop, Joshua & Riskas, Kimberly & Goñi, Victoria Guisado & Teh, Lydia & Teh, Louise, 2024. "Turtle Economic Value: The non-use value of marine turtles in the Asia-Pacific region," Ecological Economics, Elsevier, vol. 219(C).
    6. 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).
    7. Kim, Ju-Hee & Yoo, Seung-Hoon, 2020. "South Koreans’ perspective on assisting the power supply to North Korea: Evidence from a contingent valuation," Energy Policy, Elsevier, vol. 139(C).
    8. Sung-Min Kim & Ju-Hee Kim & Seung-Hoon Yoo, 2020. "Households’ Willingness to Pay for Substituting Natural Gas with Renewable Methane: A Contingent Valuation Experiment in South Korea," Energies, MDPI, vol. 13(12), pages 1-13, June.
    9. Bujosa, Angel & Torres, Cati & Riera, Antoni, 2018. "Framing Decisions in Uncertain Scenarios: An Analysis of Tourist Preferences in the Face of Global Warming," Ecological Economics, Elsevier, vol. 148(C), pages 36-42.
    10. Hye-Jeong Lee & Hyo-Jin Kim & Seung-Hoon Yoo, 2018. "The Public Value of Reducing the Incidence of Oil Spill Accidents in Korean Rivers," Sustainability, MDPI, vol. 10(4), pages 1-12, April.
    11. Ju-Hee Kim & Hyo-Jin Kim & Seung-Hoon Yoo, 2018. "Consumers’ Willingness to Pay for Net-Zero Energy Apartment in South Korea," Sustainability, MDPI, vol. 10(5), pages 1-12, May.
    12. Ghanem, Samar & Ferrini, Silvia & Di Maria, Corrado, 2023. "Air pollution and willingness to pay for health risk reductions in Egypt: A contingent valuation survey of Greater Cairo and Alexandria households," World Development, Elsevier, vol. 172(C).
    13. Sardana, Kavita, 2019. "Tourists' Willingness to Pay for Restoration of Traditional Agro-forest Ecosystems Providing Biodiversity: Evidence from India," Ecological Economics, Elsevier, vol. 159(C), pages 362-372.
    14. Ga-Eun Kim & Hye-Jeong Lee & Seung-Hoon Yoo, 2018. "Willingness to Pay for Substituting Coal with Natural Gas-Based Combined Heat and Power in South Korea: A View from Air Pollutants Emissions Mitigation," Sustainability, MDPI, vol. 10(5), pages 1-12, May.
    15. Johnston, Robert J. & Börger, Tobias & Hanley, Nick & Meginnis, Keila & Ndebele, Tom & Siyal, Ghamz E. Ali & Beaumont, Nicola & de Vries, Frans P., 2024. "Consequences of omitting non-lethal wildlife impacts from stated preference scenarios," Journal of Environmental Economics and Management, Elsevier, vol. 126(C).
    16. Ju-Hee Kim & Ga-Eun Kim & Seung-Hoon Yoo, 2018. "A Valuation of the Restoration of Hwangnyongsa Temple in South Korea," Sustainability, MDPI, vol. 10(2), pages 1-7, January.
    17. Pappalardo, Gioacchino & West, Grant Howard & Nayga, Rodolfo M. & Toscano, Sabrina & Pecorino, Biagio, 2022. "The effect of a UNESCO world heritage site designation on willingness to pay to preserve an agri-environmental good: The case of the dry stone walls in Mt. Etna," Land Use Policy, Elsevier, vol. 114(C).
    18. Li Cong & Yujun Zhang & Ching-Hui (Joan) Su & Ming-Hsiang Chen & Jinnan Wang, 2019. "Understanding Tourists’ Willingness-to-Pay for Rural Landscape Improvement and Preference Heterogeneity," Sustainability, MDPI, vol. 11(24), pages 1-20, December.
    19. Czajkowski, Mikołaj & Meade, Norman & Seroa da Motta, Ronaldo & Ortiz, Ramon Arigoni & Welsh, Mike & Blanc, Gleiciane Carvalho, 2023. "Estimating environmental and cultural/heritage damages of a tailings dam failure: The case of the Fundão dam in Brazil," Journal of Environmental Economics and Management, Elsevier, vol. 121(C).
    20. Czajkowski, Mikołaj & Zawojska, Ewa & Meade, Norman & da Motta, Ronaldo Seroa & Welsh, Mike & Ortiz, Ramon Arigoni, 2024. "On the inference about a willingness-to-pay distribution using contingent valuation data," Ecological Economics, Elsevier, vol. 222(C).

    More about this item

    Keywords

    ;
    ;
    ;
    ;
    ;
    ;

    Statistics

    Access and download statistics

    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:9:p:3199-:d:168357. 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.