역특성가격함수를 이용한 승마장의 특성별 가치 추정

영문 제목
An Inverse Hedonic Price Analysis of Recreational Equine Market in Korea
저자
권오상김한호
출판년도
2010-12
초록
An inverse hedonic function, suggested by Nerlove (1995), is estimated with a Korean riding club data set. Implicit prices for riding club's characteristics are derived from the estimated inverse hedonic function. A usual hedonic function for which quantity is assumed to be determined exogenously is also estimated, but is rejected by the inverse hedonic function by a nonnested hypothesis testing. Price elasticity of horse-back riding is estimated to be -0.67. It is shown that the WTP for riding is affected by riding club's location, accommodation, number of horses, trail length, number of instructors, parking lots and opening year.
An inverse hedonic function, suggested by Nerlove (1995), is estimated with a Korean riding club data set. Implicit prices for riding club's characteristics are derived from the estimated inverse hedonic function. A usual hedonic function for which quantity is assumed to be determined exogenously is also estimated, but is rejected by the inverse hedonic function by a nonnested hypothesis testing. Price elasticity of horse-back riding is estimated to be -0.67. It is shown that the WTP for riding is affected by riding club's location, accommodation, number of horses, trail length, number of instructors, parking lots and opening year.
목차
1. 서 론2. 분석모형3. 분석자료4. 분석결과5. 요약 및 결론
서지인용
page. 17 - 34
발행처
한국농촌경제연구원
주제어
체험 승마; 역특성가격함수; 경제적 가치평가; recreational equine; inverse hedonic price function; valuation
발간물 유형
KREI 논문
URI
http://repository.krei.re.kr/handle/2018.oak/19512
Appears in Collections:
학술지 논문 > 농촌경제 / JRD
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