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

Author

Listed:
  • 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

Suggested Citation

  • Arcadio Cerda Urrutia & José Rojas Méndez & Leidy García Pérez, 2007. "Disposición a pagar por un mejoramiento en la calidad ambiental en el Gran Santiago, Chile," Lecturas de Economía, Universidad de Antioquia, Departamento de Economía, issue 67, pages 143-170, Julio-Dic.
    • Handle: RePEc:lde:journl:y:2007:i:67:p:143-170
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    Keywords

    Contingent valuation; dichotomic choice; environmental quality.;
    All these keywords.

    JEL classification:

    • C14 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - Semiparametric and Nonparametric Methods: General
    • C19 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - Other
    • Q20 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - General

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