The “Imwon Gyeongjeji(林園經濟志)”, the largest encyclopedia of the Late Joseon Dynasty covers the details of the materials and construction methods related to everyday life‘s facilities. It is very useful to examine the "Imwon Gyeongjeji” for studying the materials and construction methods of the fences in traditional dwellings. Therefore, we tried to find the characteristics of the traditional fences exhibited in the "Imwon Gyeongjeji" by examining the construction methods shown in the book by structure of the fence. The results are as follow. First, the nine types of fence were listed in the "Imwon Gyeongjeji". Second, we could figure out the construction methods according to the structure of fences. The fence is divided into three parts: foundation, body, and roof. The body of the fence is a characteristic part distinguishing the types of fence. The foundation and the roof are related to the durability of the fence, regardless of the type of fence. The "Imwon Gyeongjeji” showed a robust manner in building fences than known today. Third, we found that the introductions and transformations of certain fence types. Fences such as Chuibyong(翠屛), Jeon Doldam(甎墻) and Bunjang were originated from China, yet has developed unique Korean styles in Joseon. It could also be seen that Kajo Zhang(哥窯墻) and Yonglong Zhang(玲瓏墻) were special fence types imported from China. It is not certain that the fences depicted in the "Imwon Gyeongjeji", represent the whole features of Joseon fences, but it is certainly an important literature to understand the structure and design of traditional fences of the Late Joseon Dynasty.

The purpose of this paper is to estimate the economic value of Multi-functionality Roles including landscape and so on, which traditional stone fences in Korea possess, using Dichotomous Choice Contingent Valuation Method (DC-CVM). The stone fences is life cultural heritance of regional residents. It has functions like Development of Favorable Landscapes, Maintenance of Cultural Heritage, and Recreation/Relaxation. Expectation from regional visitors shows that the existence and inheritance value of the stone wall is higher then we expected. According to the research that we had done from the people that had agreed to contribute the stone wall. moreover the public commercial value of regional tradition stone was not only 2,900 billion won but also it will increase an economic gain in every year. Therefore, preserving the stone wall that has Multi-functional Roles and values can lead to huge economic value in the future. But farmhouses in the stone wall conservation area are being supported 9 billion won in every year. This is only 0.03% of the income that farmhouse earns per year. Thus, stone wall preservation policy and plan can raise green-tour commercial value of inland area as a long-term inside measurement. Those will have to be propelled continuously.