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

Arcadio Cerda (), José Rojas Méndez () and Leidy Garcia
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José Rojas Méndez: Facultad de Ciencias Empresariales, Universidad de Talca, Postal: 2 Norte 685, Talca, Chile

Lecturas de Economía, 2007, issue 67, 143-170

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

Keywords: Contingent valuation; dichotomic choice; environmental quality. (search for similar items in EconPapers)
JEL-codes: C14 C19 Q20 (search for similar items in EconPapers)
Date: 2007
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Journal Article: Disposición a pagar por un mejoramiento en la calidad ambiental en el Gran Santiago, Chile (2007)
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