Estimation of the Non-Use Value (Existence Value) of the University’s Old Campus by Contingent Valuation Method -- A Case Study in Central and Western China

DOI

10.2991/iceemr-18.2018.44How to use a DOI?

Keywords

contingent valuation method, the number of willingness to pay, colleges in central and western China, the old campus, the existence value

Abstract

The old campus of universities have a long history and thick culture. As the cultural heritage, its existence value should be given a high attention. This paper uses Contingent Valuation Method to explore the existence value of eight old campus in the central and western China, including Lanzhou University (LZU), Lanzhou University of Technology (LZUT), Lanzhou City University (LZCU), Northwest Normal University (NWNU), Xi’an Polytechnic University (XAPU), Xi’an University of Architecture and Technology (XAUAT), Zhengzhou University (ZZU) and Henan University (HNU). The results show that 91.9% of the respondents were willing to pay (WTP) a certain amount of money for the perpetual existence of the old campus, and the average WTP was 184.9 RMB per month. WTP was correlated with the interviewees’ expected monthly incomes and region, WTP was significantly difference on household registration, the expected income, the level of education and the region where these colleges and universities located in. WTP was different among each college and university, HNU, XAPU and XAUAT had significantly higher WTP than the other five colleges and universities. The total existence value of the old campus in the central and western China was about 49.7 108 RMB per year. The results showed that existence value of the old campus was very large, so they should be given a priority on protection and development. Due to the value evaluation of old campus have never been explored, but the old campus’s social function, cultural function and historical contribution, development of social economy shows that the existence value of the old campus of colleges and universities is very large. However, because of the limited samples, the results of this paper maybe are not so accurate and reliable. In order to comprehensively understand the existence value of old campus in our study areas and even at the national level, further work should be needed.

Copyright

© 2018, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Jianjun Cao
AU  - Xueyun Xu
AU  - Yifan Gong
AU  - Xiaofang Zhang
AU  - Mengtian Li
AU  - Shurong Yang
AU  - Shuzhen Chen
PY  - 2018/06
DA  - 2018/06
TI  - Estimation of the Non-Use Value (Existence Value) of the University’s Old Campus by Contingent Valuation Method -- A Case Study in Central and Western China
BT  - Proceedings of the 2018 2nd International Conference on Education, Economics and Management Research (ICEEMR 2018)
PB  - Atlantis Press
SP  - 200
EP  - 207
SN  - 2352-5398
UR  - https://doi.org/10.2991/iceemr-18.2018.44
DO  - 10.2991/iceemr-18.2018.44
ID  - Cao2018/06
ER  -