The study attempts to estimate the recreational benefits of Chilgap multi-purpose reservoir using the on-site survey sample of 130 visitors. The individual travel cost method is used for measuring the recreational benefits of Chilgap multi-purpose reservoir and a zero-truncated negative binomial model is used to elicit the travel demand function. The price elasticities of visit demand are ranged from 0.29 to 0.39. Recreational benefits are ranged from 119 to 156 thousand won per visit and are ranged from 292 to 383 thousand won per annual. When the number of annual visitors to Chilgap reservoir is appled, then the recreational benefits are ranged from 2.7 to 3.6 billion won. This study could contribute to the advancement of post-construction evaluation in the public construction field similar to Chilgap reservoir.

I. 서 론
 II. 분석자료
  1. 설문조사 및 표본자료
  2. 여행비용 산출
 III. 분석방법
  1. 변수설정
  2. 분석모형
 IV. 분석결과
  1. 분석표본의 특성
  2. 방문수요함수 추정결과
  3. 방문수요의 가격탄력성과 레크리에이션 편익
 V. 요약 및 결론
 References

• 홍승지(충남대학교 농업경제학과) | Hong Seungjee
• 김대식(충남대학교 지역환경토목학과) | Kim Dae-Sik Corresponding author