Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/189910 
Year of Publication: 
2017
Series/Report no.: 
School of Economics Discussion Papers No. 1720
Publisher: 
University of Kent, School of Economics, Canterbury
Abstract: 
Increased pollution leads to a constant decrease of drinking water quality worldwide. Due to safety concerns, unpleasant taste and odour only about 3% of the population in South Korea is drinking untreated tap water. The present study uses choice experiments and cost-benefit analysis to investigate the feasibility of installing advanced water treatments in Cheongju waterworks in South Korea. The waterworks is situated in the middle of the country and is providing more than half a million people with drinking water. The study shows that the lower bound of the median WTP for installing a new advanced water treatment system is about $2 US/month, which is similar to the average expenditures for bottled water per household in South Korea. Scenarios under which the instalment of the advanced water treatments is feasible are discussed together with environmental solutions in the long-run
Subjects: 
Drinking Water Quality
Water Pollution
Choice Experiments
Willingness to Pay
Random Parameter and Latent Class Logit
Cost-Benefit Analysis
JEL: 
C19
C83
C90
D12
D61
Q25
Q51
Q53
Document Type: 
Working Paper

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