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Disposición a pagar por un mejoramiento en la calidad ambiental en el Gran Santiago, Chile

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Author Info
Arcadio Cerda Urrutia () (Centro de Desarrollo Empresarial, Facultad de Ciencias Empresariales, Universidad de Talca)
José Rojas Méndez () (Facultad de Ciencias Empresariales, Universidad de Talca)
Leidy García Pérez () (Centro de Desarrollo Empresarial, Facultad de Ciencias Empresariales, Universidad de Talca)
Abstract

This work presents an estimation of the willingness to pay for projects destined to improve the air quality of the Great Santiago in Chile, through the implementation of a determined number of hectares of green areas. The contingent valuation method is used, assuming a linear function form of the indirect function of utility and a logit distribution. Considering the specific estimation of the willingness to pay, the doubled bound dichotomic choice model gives a value of around 3.8 dollars monthly by family per a year. Extrapolating the willingness to pay by family to all the families of the metropolitan region, and proportionally discounting the people who indicated their rejection to the instrument, it gives an added WTP of US$3.697.990 monthly

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Publisher Info
Article provided by Universidad de Antioquia, Departamento de Economía in its journal LECTURAS DE ECONOMÍA.

Volume (Year): (2007)
Issue (Month): 67 (Julio-Diciembre)
Pages: 143-170
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Handle: RePEc:lde:journl:y:2007:i:67:p:143-170

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Related research
Keywords: Contingent valuation; dichotomic choice; environmental quality.;

Find related papers by JEL classification:
C14 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods: General - - - Semiparametric and Nonparametric Methods
C19 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods: General - - - Other
Q20 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - General

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  1. Krinsky, Itzhak & Robb, A Leslie, 1986. "On Approximating the Statistical Properties of Elasticities," The Review of Economics and Statistics, MIT Press, vol. 68(4), pages 715-19, November. [Downloadable!] (restricted)
  2. Timothy Park & John B. Loomis & Michael Creel, 1991. "Confidence Intervals for Evaluating Benefits Estimates from Dichotomous Choice Contingent Valuation Studies," Land Economics, University of Wisconsin Press, vol. 67(1), pages 64-73. [Downloadable!] (restricted)
  3. McConnell, K. E., 1990. "Models for referendum data: The structure of discrete choice models for contingent valuation," Journal of Environmental Economics and Management, Elsevier, vol. 18(1), pages 19-34, January. [Downloadable!] (restricted)
  4. John W. Duffield & David A. Patterson, 1991. "Inference and Optimal Design for a Welfare Measure in Dichotomous Choice Contingent Valuation," Land Economics, University of Wisconsin Press, vol. 67(2), pages 225-239. [Downloadable!] (restricted)
  5. John Freebairn & Bill Griffiths, 2006. "Introduction," The Economic Record, The Economic Society of Australia, vol. 82(s1), pages S1-S1, 09. [Downloadable!] (restricted)
  6. repec:fth:inadeb:308 is not listed on IDEAS
  7. Cameron, Trudy Ann, 1988. "A new paradigm for valuing non-market goods using referendum data: Maximum likelihood estimation by censored logistic regression," Journal of Environmental Economics and Management, Elsevier, vol. 15(3), pages 355-379, September. [Downloadable!] (restricted)
  8. Cooper Joseph C., 1993. "Optimal Bid Selection for Dichotomous Choice Contingent Valuation Surveys," Journal of Environmental Economics and Management, Elsevier, vol. 24(1), pages 25-40, January. [Downloadable!] (restricted)
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This page was last updated on 2009-11-29.

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