Benefit Transfer for Water Management along the Han River in South Korea Using Meta-Regression Analysis
This study estimates the magnitude of economic benefits that are justified in transfer from downstream users to upstream users for the use of the Han River in South Korea in terms of foregone economic benefits by regulations. Based on the existing non-market valuation studies associated with water m...
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doaj-760d5215beca485bafb1ec6a6da480c22020-11-24T22:34:27ZengMDPI AGWater2073-44412016-10-0181149210.3390/w8110492w8110492Benefit Transfer for Water Management along the Han River in South Korea Using Meta-Regression AnalysisHio-Jung Shin0Hyun No Kim1Chul-Hyun Jeon2Min-Woo Jo3Trung Thanh Nguyen4John Tenhunen5Department of Agricultural and Resource Economics, Kangwon National University, 200-701 Chuncheon, KoreaEnvironmental Policy Research Group, Korea Environment Institute, 30147 Sejong, KoreaKorea Forest Research Institute, 130-712 Seoul, KoreaDivision of Forest Industry Research, National Institute of Forest Science, 02455 Seoul, KoreaInstitute for Environmental Economics and World Trade, Leibniz University, 30167 Hannover, GermanyDepartment of Plant Ecology, University of Bayreuth, 95440 Bayreuth, GermanyThis study estimates the magnitude of economic benefits that are justified in transfer from downstream users to upstream users for the use of the Han River in South Korea in terms of foregone economic benefits by regulations. Based on the existing non-market valuation studies associated with water management issues in South Korea from 1997 to 2014, a meta-regression analysis was performed to provide alternatives for regional benefit sharing of water resource use. The benefits from the use of water resource along the Han River are estimated on average to be KRW 7,728 (US $7.7) per household per month. The total net benefits are estimated to be about KRW 449 billion (US $449 million) per year. Following the principle regarding equal distribution of benefits, the stakeholders who received more net benefits than others should return their extra net benefits to other stakeholders through a policy tool such as tradable development rights. The results of our study provide economic indicators useful for the establishment of common resource policy and to consider stakeholders’ rights within the framework of regional benefits. This study also provides practical solutions that could be used as a valid policy instrument to mediate the conflicts and disputes associated with water resource use.http://www.mdpi.com/2073-4441/8/11/492benefit sharingmeta-regression analysiswater resource usebenefit transfers |
collection |
DOAJ |
language |
English |
format |
Article |
sources |
DOAJ |
author |
Hio-Jung Shin Hyun No Kim Chul-Hyun Jeon Min-Woo Jo Trung Thanh Nguyen John Tenhunen |
spellingShingle |
Hio-Jung Shin Hyun No Kim Chul-Hyun Jeon Min-Woo Jo Trung Thanh Nguyen John Tenhunen Benefit Transfer for Water Management along the Han River in South Korea Using Meta-Regression Analysis Water benefit sharing meta-regression analysis water resource use benefit transfers |
author_facet |
Hio-Jung Shin Hyun No Kim Chul-Hyun Jeon Min-Woo Jo Trung Thanh Nguyen John Tenhunen |
author_sort |
Hio-Jung Shin |
title |
Benefit Transfer for Water Management along the Han River in South Korea Using Meta-Regression Analysis |
title_short |
Benefit Transfer for Water Management along the Han River in South Korea Using Meta-Regression Analysis |
title_full |
Benefit Transfer for Water Management along the Han River in South Korea Using Meta-Regression Analysis |
title_fullStr |
Benefit Transfer for Water Management along the Han River in South Korea Using Meta-Regression Analysis |
title_full_unstemmed |
Benefit Transfer for Water Management along the Han River in South Korea Using Meta-Regression Analysis |
title_sort |
benefit transfer for water management along the han river in south korea using meta-regression analysis |
publisher |
MDPI AG |
series |
Water |
issn |
2073-4441 |
publishDate |
2016-10-01 |
description |
This study estimates the magnitude of economic benefits that are justified in transfer from downstream users to upstream users for the use of the Han River in South Korea in terms of foregone economic benefits by regulations. Based on the existing non-market valuation studies associated with water management issues in South Korea from 1997 to 2014, a meta-regression analysis was performed to provide alternatives for regional benefit sharing of water resource use. The benefits from the use of water resource along the Han River are estimated on average to be KRW 7,728 (US $7.7) per household per month. The total net benefits are estimated to be about KRW 449 billion (US $449 million) per year. Following the principle regarding equal distribution of benefits, the stakeholders who received more net benefits than others should return their extra net benefits to other stakeholders through a policy tool such as tradable development rights. The results of our study provide economic indicators useful for the establishment of common resource policy and to consider stakeholders’ rights within the framework of regional benefits. This study also provides practical solutions that could be used as a valid policy instrument to mediate the conflicts and disputes associated with water resource use. |
topic |
benefit sharing meta-regression analysis water resource use benefit transfers |
url |
http://www.mdpi.com/2073-4441/8/11/492 |
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