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External benefits of increasing bioethanol consumption: a choice experiment study

Author

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  • Ju-Hee Kim
  • Hyo-Jin Kim
  • Seung-Hoon Yoo

Abstract

This article aims to evaluate the external benefits of increasing bioethanol consumption by applying a choice experiment (CE) approach. The attributes considered are improvement in energy security, reduction of air pollutants emissions, mitigation of carbon dioxide emissions, and new job creation. In order to reflect the preference heterogeneity in investigating the CE data gathered from a survey of 600 South Korean people, Bayesian estimation of a mixed logit model is applied.

Suggested Citation

  • Ju-Hee Kim & Hyo-Jin Kim & Seung-Hoon Yoo, 2020. "External benefits of increasing bioethanol consumption: a choice experiment study," Applied Economics Letters, Taylor & Francis Journals, vol. 27(6), pages 447-450, March.
    • Handle: RePEc:taf:apeclt:v:27:y:2020:i:6:p:447-450
    DOI: 10.1080/13504851.2019.1631433
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    Cited by:

    1. Sung-Min Kim & Ju-Hee Kim & Seung-Hoon Yoo, 2020. "Households’ Willingness to Pay for Substituting Natural Gas with Renewable Methane: A Contingent Valuation Experiment in South Korea," Energies, MDPI, vol. 13(12), pages 1-13, June.
    2. Lee, Hye-Jeong & Yoo, Seung-Hoon & Lim, Sesil & Huh, Sung-Yoon, 2023. "External benefits of a road transportation system with vehicle-to-everything communications," Transport Policy, Elsevier, vol. 134(C), pages 128-138.
    3. Ju-Hee Kim & Younggew Kim & Seung-Hoon Yoo, 2021. "Using a choice experiment to explore the public willingness to pay for the impacts of improving energy efficiency of an apartment," Quality & Quantity: International Journal of Methodology, Springer, vol. 55(5), pages 1775-1793, October.

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