ECONOMIC ASSESSMENT OF THE LAGOON PUNTA PORÃ EN PEDRO JUAN CABALLERO, PARAGUAY

Claudia Vera da Silveira (), Moisés Villalba González () and Giovane Silveira da Silveira ()
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Claudia Vera da Silveira: Universidade Federal da Grande Dourados
Moisés Villalba González: Universidad Nacional de Asunción
Giovane Silveira da Silveira: Universidade Federal da Grande Dourados

Revista de Economia Mackenzie (REM), 2016, vol. 13, issue 1, 8-32

Abstract: The Punta Porã Lagoon from the city of Pedro Juan Caballero is an area frequented by visitors for recreational, sporting and cultural purposes; it’s considered the symbol which represents the origin of the city. In the area of environmental economics they have developed valuation methods that estimate the benefits from these places. The overall objective of this study was to estimate part of the economic value, by the visitors’ willingness to pay. We used the contingent valuation method to do it, adopting the referendum model with logistic probability distribution. The mean willingness to pay WTP for the summer season is 150.889 Guaranies per month resulting in a monthly usage value of 174.729.462 Guaranies and being the annual value of the Punta Porã Lagoon approximately of 2.096.753.544 Guaranies.

Keywords: Economic Value; Contingent Valuation; Logit Model. (search for similar items in EconPapers)
Date: 2016
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Persistent link: https://EconPapers.repec.org/RePEc:aft:journl:v:13:1:2016:jul:p:107-122

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