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Estimating Recreational Benefits and Environmental Effects for the Amenities of Flowers Industry
Chin,Huang Huang 한국문화관광학회 2010 문화관광연구 Vol.12 No.2
Tien-Wei highway garden is the biggest cultivated land area for flowers (30.27%, in 2007) in Taiwan, which provided both public goods and positive externalities, such as the amenity value of the landscape, biological diversity, cultural heritage, rural lifestyle and economic activity contributing social welfares to rural economy. The amenity of flower industry attracts many tourists and generates recreational benefits, which cannot be assessed by market price directly. This research adopts the nonmarket goods valuation method, travel cost method (TCM), to measure the benefits from tourists’ demand function. In addition, the environmental quality will influence the tourist’s decision to choose the recreation site, which is also an important determinant of demand function and will be introduced into demand model. The empirical results of this research demonstrate that the average consumer surplus (CS) for demand model containing quality variables is NT$7,770. The average consumer surplus without containing quality variables in the demand model is NT$7,741, and the average benefits of environmental quality for tourist is NT29.
Estimating Recreational Benefits and Environmental Effects for the Amenities of Flowers Industry
Chin-Huang Huang 한국문화관광학회 2011 문화관광연구 Vol.13 No.1
Tien-Wei highway garden is the biggest cultivated land area for flower agriculture (30.27%, in 2007) in Taiwan, which provided public goods and positive externalities, such as the amenity value of the landscape, biological diversity, cultural heritage rural lifestyle and economic activity contribute social welfares to rural economy. the amenity from cultural heritage of flower industry attracts many tourists that generate recreational benefits and cannot be assessed by market price directly. This research adopts the nonmarket goods valuation method, travel cost method (TCM), to measure the benefits from tourists’ demand function. in addition, the environmental quality will influence the tourist’s decision to choice the recreation site, which also to be an important determinant of demand function and will be introduced into demand model. the empirical results of this research demonstrate that the average consumer surplus (CS) for demand model contains quality variables is NT$7,770. the average consumer surplus without containing quality variables in the demand model is NT$7,741, and the average benefits of environmental quality for tourist are NT29.
Estimating Recreational Benefits and Environmental Effects for the Amenities of Flowers Industry
( Huang Huang Chin ) 한국문화관광학회 2010 문화관광연구 Vol.12 No.2
Tien-Wei highway garden is the biggest cultivated land area for flowers (30.27%, in 2007) in Taiwan, which provided both public goods and positive externalities, such as the amenity value of the landscape, biological diversity, cultural heritage, rural lifestyle and economic activity contributing social welfares to rural economy. The amenity of flower industry attracts many tourists and generates recreational benefits, which cannot be assessed by market price directly. This research adopts the nonmarket goods valuation method, travel cost method (TCM), to measure the benefits from tourists` demand function. In addition, the environmental quality will influence the tourist`s decision to choose the recreation site, which is also an important determinant of demand function and will be introduced into demand model. The empirical results of this research demonstrate that the average consumer surplus (CS) for demand model containing quality variables is NT$7,770. The average consumer surplus without containing quality variables in the demand model is NT$7,741, and the average benefits of environmental quality for tourist is NT29.
Estimating Recreational Benefits and Environmental Effects for the Amenities of Flowers Industry
Chin-Huang Huang 세계문화관광학회 2010 Conference Proceedings Vol.11 No.0
Tien-Wei highway garden is the biggest cultivated land area for flower agriculture (30.27%, in 2007) in Taiwan, which provided public goods and positive externalities, such as the amenity value of the landscape, biological diversity, cultural heritage rural lifestyle and economic activity contribute social welfares to rural economy. The amenity from cultural heritage of flower industry attracts many tourists that generate recreational benefits and cannot be assessed by market price directly. This research adopts the nonmarket goods valuation method, travel cost method (TCM), to measure the benefits from tourists’ demand function. In addition, the environmental quality will influence the tourist‘s decision to choice the recreation site, which also to be an important determinant of demand function and will be introduced into demand model. The empirical results of this research demonstrate that the average consumer surplus (CS) for demand model contains quality variables is NT$7,770. The average consumer surplus without containing quality variables in the demand model is NT$7,741, and the average benefits of environmental quality for tourist are NT29.
The Optimal Government Shareholding Strategy and the Cost Structure
Chin-Shu Huang,Jen-Yao Lee,Shih-Shen Chen 서울대학교 경제연구소 2006 Seoul journal of economics Vol.19 No.2
This paper analyzes government's optimal shareholding strategy within the framework of the mixed oligopoly. It is found that: (1) When both public and domestic firms have the same cost coefficient, the government's best policy is to adopt the full mixed oligopoly. (2) When the cost coefficient of the public firm is lower than a threshold value, the government should opt for a full mixed-oligopoly policy. However, when the public firm's cost coefficient is higher than the threshold value, the government should privatize the public firm completely and exit the market. The single mixed oligopoly is just an alternative proposal when it falls to transform all of the private firms into mixed ownership enterprises.
Chin-Sheng Huang,Su-Wen Kuo,Chia-Cheng Chen 한국증권학회 2010 Asia-Pacific Journal of Financial Studies Vol.39 No.4
The minimum price variation on the Taiwan Stock Exchange reduced for most price categories on March 1, 2005. The present paper simultaneously examines the institutional and endogenous impacts of tick size changes on transaction costs, market liquidity, and trading activity. The empirical evidence suggests that following a reduction in tick size, uniform declines are discernible in transaction costs and market liquidity. In particular, those stocks with a larger relative tick size reduction, higher trading volume, and higher order handling cost components have greater reductions in spread and market depth. Moreover, endogenous tick size reductions have an adverse effect on the trading activity for low-price stocks, due to the relative disadvantage in explicit transaction costs. Finally, the present study observes a general diminution in trade size resulting from a reduction in tick size in the Taiwan Stock Exchange. This study attributes plausible rationales to the fact that after tick size reductions, informed traders employ a smaller trade size to hide private information, or front-runners place a smaller trade size to avoid market turbulence.
Chin-FahWang,Jeng-I Tsai,Fong-Long Feng,Kun-Wei Huang 한국응용곤충학회 2014 Journal of Asia-Pacific Entomology Vol.17 No.2
Eriophyoid mites inhabit Yushan canes at elevations from 1650 to 3400 m in Taiwan. A total of 1491 eriophyoidmite specimens collected between 2001 and 2008 from18 sites in Taiwan belonging to 10 genera and 15 specieswere examined and recorded to evaluate the relationships between species composition and environmentalfactors. The environmental factors assessed consisted of climate data, cane leaf length, and vegetation type. Among the 15 species, Abacarus panatics Kefier, 1977 and Tetra yushania Huang, K.W., 2001. Eriophyoid mitesof Taiwan: description of eighty-six species from the Tengchih area. Bull. Natl. Mus. Nat. Sci. 14, 1–84 occur atall 18 survey sites. Canonical correspondence analysis was used to analyze the relationships among sites,eriophyoid mite occurrences, and environmental variables. Eriophyoid mite species composition and plantcommunity types were analyzed using non-metric multidimensional scaling (MDS). Canonical correspondenceanalysis (CCA) indicated that temperature and leaf length were major factors that influenced changes ineriophyoid mite assemblages. MDS results showed that eriophyoid mite species composition is unrelated toplant community types. The distribution patterns of the 15 eriophyoid mites is hypothesized to be randomizedby forest fires initially and subsequently influenced by temperature and leaf length.