This study investigates the amenity value of flood dividing flood into two aspects. One aspect is the physical amount of rainfall consisting of annual rainfall and rainfall intensity that are expected to increase due to climate change. The other aspect is infrastructure for flood protection: Percentage of impermeable surface ratio and sewer dredging ratio. Infrastructure for flood protection assists cities especially those which are rapidly urbanized to reduce flood risks and to develop adaptation capacity for climate change such as increased rainfall. With increasing concerns for climate change, there are studies with an economic point of view that investigate the marginal willingness to pay for climate variables from. In this study, we hand collect 2,500 real estate transactions in Seoul for the year 2014 to assess the amenity value of flood using the hedonic property value technique. Our findings indicate that rainfall and infrastructure for flood protection significantly affect housing prices. Some policy implications are provided.
: Reliable assessment of Land Use and Land Cover (LULC) changes greatly improves many practical issues in hydrography, socio-geographical research such as the observation of erosion and accretion, coastal monitoring, ecological effects evaluation. Remote sensing imageries can offer the outstanding capability to monitor nature and extent of land and associated changes over time. Nowadays accurate analysis using remote sensing imageries with high spatio-temporal resolution is required for environmental monitoring. This study develops a methodology of mapping and change detection in LULC by using classified Korea Multi-Purpose Satellite-2 (KOMPSAT-2) multispectral imageries at Jeonbuk and Jeonnam provinces including protected tidal flats located in the west coasts of Korean peninsula from 2008 to 2015. The LULC maps generated from unsupervised classification were analyzed and evaluated by post-classification change detection methods. The LULC assessment in Jeonbuk and Jeonnam areas had not showed significant changes over time although developed area was gradually increased only by 1.97% and 4.34% at both areas respectively. Overall, the results of this study quantify the land cover change patterns through pixel based analysis which demonstrate the potential of multispectral KOMPSAT-2 images to provide effective and economical LULC maps in the coastal zone over time. This LULC information would be of great interest to the environmental and policy mangers for the better coastal management and political decisions.
scite is a Brooklyn-based organization that helps researchers better discover and understand research articles through Smart Citations–citations that display the context of the citation and describe whether the article provides supporting or contrasting evidence. scite is used by students and researchers from around the world and is funded in part by the National Science Foundation and the National Institute on Drug Abuse of the National Institutes of Health.
customersupport@researchsolutions.com
10624 S. Eastern Ave., Ste. A-614
Henderson, NV 89052, USA
Copyright © 2024 scite LLC. All rights reserved.
Made with 💙 for researchers
Part of the Research Solutions Family.