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dc.contributor.authorKim, Jinok Susanna
dc.contributor.authorLee, Timothy J
dc.contributor.authorHyun, Sunghyup Sean
dc.date.accessioned2021-07-19T03:29:48Z
dc.date.available2021-07-19T03:29:48Z
dc.date.issued2021
dc.identifier.issn2212-571X
dc.identifier.doi10.1016/j.jdmm.2021.100603
dc.identifier.urihttp://hdl.handle.net/10072/406108
dc.description.abstractThis study aims to evaluate the economic value of urban forests that are used as daily leisure spaces in cities, focusing on the healing value for tourists associated with their public health and environmental functions. To this end, an onsite survey of residents was conducted in Seoul, Korea. In real-world scenarios, willingness-to-pay (WTP) is associated with building a preservation fund and in this case is US$27 per capita per year, and the total fund value obtained is US$530 million, depending on whether the calculation is made using mean WTP or truncated WTP. The findings of this study suggest that urban residents determine the preservation value of urban forests according to how they feel about them. This is in terms of their restorative effect, their ability to absorb particulate matter, and the recreational satisfaction that they bring. The findings also imply that the healing functions of urban forests used mainly as leisure spaces for health promotion reasons are directly reflected in their preservation value. On the other hand, the fact that policies related to the new environmental paradigm (NEP) were found to be insignificant in all three scenarios suggests that it is necessary to educate urban residents about the environmental function of urban forests.
dc.description.peerreviewedYes
dc.languageEnglish
dc.publisherElsevier
dc.relation.ispartofjournalJournal of Destination Marketing & Management
dc.relation.ispartofvolume20
dc.subject.fieldofresearchMarketing
dc.subject.fieldofresearchTourism
dc.subject.fieldofresearchPolicy and administration
dc.subject.fieldofresearchcode3506
dc.subject.fieldofresearchcode3508
dc.subject.fieldofresearchcode4407
dc.subject.keywordsSocial Sciences
dc.subject.keywordsHospitality, Leisure, Sport & Tourism
dc.subject.keywordsManagement
dc.subject.keywordsSocial Sciences - Other Topics
dc.subject.keywordsBusiness & Economics
dc.titleEstimating the economic value of urban forest parks: Focusing on restorative experiences and environmental concerns
dc.typeJournal article
dc.type.descriptionC1 - Articles
dcterms.bibliographicCitationKim, JS; Lee, TJ; Hyun, SS, Estimating the economic value of urban forest parks: Focusing on restorative experiences and environmental concerns, Journal of Destination Marketing & Management, 2021, 20
dc.date.updated2021-07-19T01:57:41Z
gro.hasfulltextNo Full Text
gro.griffith.authorLee, Timothy J.


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