Estimation of Citizens’ Willingness to Pay for the Implementation of Payment for Local Forest Ecosystem Services: The Case of Taxes and Donations

Jang-Hwan Jo, Chang-Bae Lee, Hye-Jung Cho and Jukwan Lee
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Jang-Hwan Jo: Department of Forest Sciences and Landscape Architecture, Institute of Life Science and Natural Resources, Wonkwang University, 460 Iksan-daero, Iksan 54538, Korea
Chang-Bae Lee: Department of Forestry, Environment, and Systems, College of Science and Technology, Kookmin University, Seoul 02707, Korea
Hye-Jung Cho: Department of Child Development and Family Studies, Seoul National University, Seoul 08826, Korea
Jukwan Lee: International Trade Department, Korea Institute for International Economic Policy, Sejong 30147, Korea

Sustainability, 2021, vol. 13, issue 11, 1-14

Abstract: The purpose of this study is to determine a valid strategy for implementing payment for the local forest ecosystem services (local forest PES) by considering citizens’ willingness to pay (WTP) and the resource types utilized (taxes and donations). A total of 1000 citizens responded to an online survey, which consisted of questions related to respondents’ socio-demographics, predicting factors (i.e., political orientation, personal tie to the region) of their willingness to pay (WTP), and their willingness to pay for a bundle of 10 different forest ecosystem services (ESs) in the region of the Yeoninsan provincial park in Gapyeong-gun, Gyeonggi-do, South Korea. The estimation of the respondents’ WTP for the promotion of the forest management activities, which enhances the ES bundle of the local forest, was 14,315–20,216 KRW (12.75–18.00 USD) per year in taxes and 12,258–26,518 KRW (10.92–23.61 USD) per year in donations. This study also revealed that the predicting factors influencing the respondents’ WTP for the promotion of the local forest ESs differed according to the financial resource type (taxes and donations). The results of this study are meaningful in that they can be used as empirical basic data in estimating payments and preparing measures to secure financial resources when designing payments for the ecosystem services for the local forest.

Keywords: payment for ecosystem service (PES); local forest; tax; donation; willingness to pay (WTP) (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 Q56 (search for similar items in EconPapers)
Date: 2021
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (4)

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