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ID:
176691
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| Summary/Abstract |
Korea is the only divided country in the world. While power is stably and reliably supplied in South Korea, North Korea (NK) is suffering from a severe power shortage. To improve power supply conditions in NK and ultimately contribute to building peace on the Korean Peninsula, the South Korean Government is considering assisting the construction of power plants and power grids in NK. The Government needs information about households’ willingness to pay (WTP) for assisting the power supply to NK. This article aims to examine the WTP using a contingent valuation based on a nationwide survey of 1000 households. As a WTP elicitation method, the one-and-one-half-bounded question format of asking an interviewee whether she/he has the intention of paying a presented bid through an increase in electricity bills was adopted. The WTP for the assistance was statistically significantly estimated to be KRW 2382 (USD 2.12) per month per household. The estimate of the annual national value amounted to KRW 564.6 billion (USD 503.6 million). This value is by no means small, but it would take a huge amount of effort to elicit public consensus on the assistance considering that a significant proportion of respondents (63.6%) revealed zero WTP.
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| 2 |
ID:
149656
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| Summary/Abstract |
Bilateral friction between the two separatist republics in eastern Ukraine has complicated their relationship with Moscow.
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| 3 |
ID:
170219
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| Summary/Abstract |
On the basis of a natural experiment related to the Great East Japan Earthquake in 2011, the present work empirically analyzes the relationship between historical events and current attitude and determines whether regions that suffered severely during the Japanese invasion in World War II expressed small concern during the earthquake. After controlling for geographical distance, bilateral trade, and political characteristics, a negative relationship is found between the duration of invasion and number of related deaths in the invaded regions and their governments’ efforts in assisting Japan after the earthquake. Further analysis shows that political similarity to Japan helped in assisting them after the earthquake, but this effect was reduced for regions that sustained many deaths during the Japanese invasion. In addition, a mediation effect test shows that the help extended by Japan to several countries after the war through the Japanese official development assistance did not positively influence the amount of aid provided by such regions to Japan after the earthquake. These studies provide new evidence of the long-lasting influence of war. However, no robust evidence is found about the relationship between death rate and war memory. Therefore, even large countries cannot tolerate serious suffering during painful historical events.
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