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

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  • 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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Bibliographic 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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Web page: http://economia.udea.edu.co
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Postal: Lecturas de Economía, Departamento de Economía, Calle 67, 53-108, Medellin 050010, Colombia.

Related research

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

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