![Sample our Politics & International Relations journals, sign in here to start your FREE access for 14 days]({"type":"image" , "src" : "/sda/5947/TOC-Subject-Sample-2021-Politics-International-Relations.jpg"})
Abstract
This study makes a contribution to ongoing compensation debates by providing empirical findings whether siting a WTE facility changes the housing value of a given community and what the important attributes are in determining the housing value. To answer these questions this paper examines a WTE facility siting case in Korea employing a Hedonic Pricing Method. The study found that the following variables impact the value of housing: distance to parks, distance to the WTE facility, the number of parking lots per apartment, and total number of floors in the apartment. With regard to the variable Distance to WTE Facility Site, only apartments located within 300m showed a statistically significant relationship. These results support the current government compensation policy that households located within 300m from a WTE facility are eligible to receive fringe benefits including reduction of heating cost, free of charge, and discounted welfare facilities.
Additional information
Notes on contributors
Soonae Park
Soonae Park is an assistant professor in the Graduate School of Public Administration, Seoul National University. Her research interests include environmental policy, government innovation, and organizational behavior.
T. J. Lah
T. J. Lah is an assistant professor in the Public Administration Department, Yonsei University. His major research interests lie in environmental policy and public management, including environmental conflict management and performance evaluation.
