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Estimating the Socio-Economic Value of Dance Curriculum as Public Education in Korea for Sustainable Development: Using Contingent Valuation Method

Authors: Jian Kim; Jeongok Yoon;

Estimating the Socio-Economic Value of Dance Curriculum as Public Education in Korea for Sustainable Development: Using Contingent Valuation Method

Abstract

The purpose of this study was to examine the socioeconomic value of dance curricula as public education for sustainable development. To demonstrate the legitimacy of dance programming in the arts curriculum, we sought to determine which of the contingent valuation methods (CVMs) is best suited to the application of the WTP model and how the socioeconomic value of school dance is ultimately evaluated. As a research method, we leverage CVM, which is widely used in practical policy research. The results of this study are as follows: As a result of estimating the socioeconomic value of school dances conducted by public education, additional income tax payment was estimated at KRW 22,367 per person. Suppose this is translated into approximately 5.452 million school-aged people (as of 2020, KOSIS), the total benefits of a school dance in Korean public education could be interpreted as an annual utility value of about KRW 121,944,884,000. This study has academic significance in that it demonstrates the socioeconomic value of school dance education as education for sustainable development. In addition, it has practical significance in that it can be used for institutional improvements and policy budgeting.

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Keywords

sustainable development, Environmental effects of industries and plants, contingent valuation method (CVM), TJ807-830, dance curriculum in school; public education; socio-economic value; contingent valuation method (CVM); sustainable development, dance curriculum in school, TD194-195, Renewable energy sources, Environmental sciences, GE1-350, socio-economic value, public education

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citations
This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Citations provided by BIP!
popularity
This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
BIP!Popularity provided by BIP!
influence
This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Influence provided by BIP!
impulse
This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
BIP!Impulse provided by BIP!
2
Average
Average
Average
gold