Economic Value of Building a Firefighter Training Academy for Urban Disaster Management in Seoul, South Korea
Abstract
:1. Introduction
2. Methodology
2.1. Method: CE
2.2. Attributes and Choice Set
2.3. Survey Instrument and Method
2.4. Utility Function
2.5. Obtaining the Utility Function
3. Results
3.1. Estimation Results
3.2. MSV Estimates for Each Attribute
3.3. Discussion of the Results
4. Conclusions
Author Contributions
Acknowledgments
Conflicts of Interest
Appendix A. Main Part of the Survey Questionnaire
Appendix A.1. Questions about Socio-Economic Characteristics
Education Level | Uneducated | Elementary School | Middle School | High School | University | Graduate School |
---|---|---|---|---|---|---|
Education level in years | 0 | 1 2 3 4 5 6 | 7 8 9 | 10 11 12 | 13 14 15 16 | 17 18 19 20 |
Appendix A.2. Questions about Marginal Societal Value
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Attributes | Description | Levels |
---|---|---|
Underground (railroad) complex accident response training center | Perform training in preparation for various safety accidents (e.g., elevator, escalator, screen door, etc.) as well as fire | Level 1: Not built # Level 2: Built |
Firefighting training center | Practice fire and prevent momentary ignition and conduct adaptive training | Level 1: Not built # Level 2: Built |
Vehicle accident response training center | Using actual vehicles, train for traffic accident rescue and train for skilled use of rescue equipment | Level 1: Not built # Level 2: Built |
Chemical, biological and radiological terror response training center | Conducts leakage response training at the hazardous materials handling center | Level 1: Not built # Level 2: Built |
Collapse search and rescue training center | Explore survivors and conduct structural training in the event of a collapse of buildings and structures | Level 1: Not built # Level 2: Built |
Wooden cultural properties fire response training center | Learn how to suppress and save wooden cultural assets in case of fire | Level 1: Not built # Level 2: Built |
Price a | Annual societal value for the construction and operation of the firefighter training academy, which consists of six centers (Unit: One hundred million Korean won) | Level 1: 0 # Level 2: 1 Level 3: 5 Level 4: 10 Level 5: 20 |
Attributes | Alternatives | |||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | |
Underground (railroad) complex accident response training center | Yes | No | Yes | No | Yes | No | Yes | No | Yes | No | Yes | Yes | Yes | No | No | No |
Firefighting training center | Yes | No | No | Yes | Yes | No | No | Yes | No | No | No | Yes | Yes | No | Yes | Yes |
Vehicle accident response training center | No | Yes | Yes | Yes | No | Yes | Yes | No | Yes | No | No | Yes | No | Yes | No | Yes |
Chemical, biological and radiological terror response training center | No | Yes | No | No | Yes | Yes | Yes | No | Yes | Yes | Yes | No | Yes | Yes | No | Yes |
Collapse search and rescue training center | No | No | No | Yes | Yes | Yes | Yes | Yes | No | Yes | Yes | No | Yes | Yes | Yes | No |
Wooden cultural properties fire response training center | No | Yes | No | No | No | Yes | No | Yes | Yes | No | Yes | Yes | No | Yes | Yes | No |
Price a | 5 | 5 | 1 | 5 | 20 | 20 | 10 | 5 | 10 | 1 | 5 | 10 | 1 | 1 | 10 | 20 |
Variables a | Estimates (t-Values) |
---|---|
ASC b | 0.6220 (6.26) c |
Underground (railroad) complex accident response training center | 1.0092 (27.90) c |
Firefighting training center | 1.7964 (28.72) c |
Vehicle accident response training center | 0.9648 (18.61) c |
Chemical, biological and radiological terror response training center | 1.2354 (17.42) c |
Collapse search and rescue training center | 0.4423 (10.10) c |
Wooden cultural properties fire response training center | 0.7014 (16.97) c |
Price (Unit: One hundred million Korean won) | −0.0613 (−7.76) c |
Number of observations | 11,903 |
Log-likelihood | −8910.19 |
Wald statistic (p-value) | 66.23 (0.000) |
MSV per Year | ||||
---|---|---|---|---|
Estimates | t-Values | 95% Confidence Intervals | ||
Underground (railroad) complex accident response training center | KRW 1.65 billion # (USD 1.44 million) | 8.14 | KRW 1.64 to 1.65 billion (USD 1.44 to 1.44 million) | |
Firefighting training center | KRW 2.93 billion # (USD 2.56 million) | 9.66 | KRW 2.93 to 2.94 billion (USD 2.56 to 2.56 million) | |
Vehicle accident response training center | KRW 1.58 billion # (USD 1.38 million) | 10.32 | KRW 1.57 to 1.58 billion (USD 1.37 to 1.38 million) | |
Chemical, biological and radiological terror response training center | KRW 2.02 billion # (USD 1.76 million) | 10.60 | KRW 2.01 to 2.02 billion (USD 1.76 to 1.76 million) | |
Collapse search and rescue training center | KRW 0.72 billion # (USD 0.63 million) | 5.89 | KRW 0.72 to 0.72 billion (USD 0.63 to 0.63 million) | |
Wooden cultural properties fire response training center | KRW 1.15 billion # (USD 1.00 million) | 8.32 | KRW 1.14 to 1.15 billion (USD 1.00 to 1.00 million) |
Scenario A | Scenario B | Scenario C | |
---|---|---|---|
Underground (railroad) complex accident response training center | Yes | No | Yes |
Firefighting training center | No | Yes | Yes |
Vehicle accident response training center | Yes | No | Yes |
Chemical, biological and radiological terror response training center | No | Yes | Yes |
Collapse search and rescue training center | Yes | No | Yes |
Wooden cultural properties fire response training center | No | Yes | Yes |
Economic value per year | KRW 3.95 billion (USD 3.45 million) | KRW 6.10 billion (USD 5.32 million) | KRW 10.04 billion (USD 8.77 million) |
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Kim, J.-H.; Kim, H.-J.; Yoo, S.-H. Economic Value of Building a Firefighter Training Academy for Urban Disaster Management in Seoul, South Korea. Sustainability 2018, 10, 4613. https://doi.org/10.3390/su10124613
Kim J-H, Kim H-J, Yoo S-H. Economic Value of Building a Firefighter Training Academy for Urban Disaster Management in Seoul, South Korea. Sustainability. 2018; 10(12):4613. https://doi.org/10.3390/su10124613
Chicago/Turabian StyleKim, Ju-Hee, Hyo-Jin Kim, and Seung-Hoon Yoo. 2018. "Economic Value of Building a Firefighter Training Academy for Urban Disaster Management in Seoul, South Korea" Sustainability 10, no. 12: 4613. https://doi.org/10.3390/su10124613
APA StyleKim, J. -H., Kim, H. -J., & Yoo, S. -H. (2018). Economic Value of Building a Firefighter Training Academy for Urban Disaster Management in Seoul, South Korea. Sustainability, 10(12), 4613. https://doi.org/10.3390/su10124613