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Journal of Korean Library and Information Science Society

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Vol.45 No.4
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The Economic Feasibility Analysis of Busan Central Library Construction - For the Four Candidate Sites -

Journal of Korean Library and Information Science Society / Journal of Korean Library and Information Science Society, (P)2466-2542;
2014, v.45 no.4, pp.409-428
https://doi.org/10.16981/kliss.45.4.201412.409



& (2014). The Economic Feasibility Analysis of Busan Central Library Construction - For the Four Candidate Sites -. Journal of Korean Library and Information Science Society, 45(4), 409-428, https://doi.org/10.16981/kliss.45.4.201412.409
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Abstract

The purpose of this study is to analyze the economic feasibility of Busan Regional Central Library. The four candidate sites were included for the analysis. To achieve the purpose of this study, we applied three types of indices such as Benefit-Cost analysis, Net Present Value, and Internal Rate of Return. We used CVM(Contingent Valuation Method) to calculate the benefit; we conducted two investigations to calculate WTP, which are for pretest and for main survey. From results of pretest, we designed five optimal prices. On the basis of them, main survey was accomplished to figure out WTPs for four candidate sites. The results show that four candidate sites were all feasible from an economic point of view. Of these, the Busan Citizen Park site got the highest point of B/C ratio.

keywords
Economic feasibility, Regional central library, Benefit/cost analysis, Contingent valuation method, Willingness to pay, 경제적 타당성, 부산대표도서관, 비용편익분석, 조건부가치측정법, 지불의사금액

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