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Estimación conjunta de la disposición a pagar y de la tasa de descuento intertemporal para la protección de la biodiversidad en la reserva marina de Choros-Damas

Author

Listed:
  • Moisés Carrasco
  • Felipe Vásquez-Lavín
  • Sebasthian Valenzuela
  • Felipe Pérez

Abstract

En este artículo se utiliza un modelo de valor actual neto para obtener en forma conjunta la disposición a pagar (DAP) y la tasa de descuento intertemporal por un programa de conservación ambiental de la biodiversidad cuyos períodos de pago se extienden en el tiempo. Se realizan encuestas de valoración contingente para un programa de protección del ecosistema marino de la reserva isla Choros-Damas, y a los encuestados se les preguntó por su DAP con períodos de pago de 1, 5 y 10 anos. La tasa de descuento estimada es mayor a la que utilizan las personas en proyectos privados pero significativamente menor a las tasas encontradas en la literatura para proyectos similares. ***** In this paper we used a net present value model to jointly estimate the willingness to pay (WTP), and the intertemporal discount rate, for a biodiversity environmental conservation program whose payments are allocated along a time horizon. We applied a contingent valuation survey to capture the economic value associated with the protection of a marine ecosystem in the marine reserve, Choros-Damas in Chile. Respondents faced a scenario with a WTP question with periods of 1, 5, and 10 years. The esti-mated discount rate is larger than the interest rates found in market transactions but significantly lower than rates found in similar environmental projects.

Suggested Citation

  • Moisés Carrasco & Felipe Vásquez-Lavín & Sebasthian Valenzuela & Felipe Pérez, 2014. "Estimación conjunta de la disposición a pagar y de la tasa de descuento intertemporal para la protección de la biodiversidad en la reserva marina de Choros-Damas," Revista Cuadernos de Economia, Universidad Nacional de Colombia, FCE, CID, August.
    • Handle: RePEc:col:000093:012149
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    References listed on IDEAS

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    1. Cameron, Trudy Ann & James, Michelle D, 1987. "Efficient Estimation Methods for "Closed-ended' Contingent Valuation Surveys," The Review of Economics and Statistics, MIT Press, vol. 69(2), pages 269-276, May.
    2. Richard T. Carson, 2012. "Contingent Valuation: A Practical Alternative When Prices Aren't Available," Journal of Economic Perspectives, American Economic Association, vol. 26(4), pages 27-42, Fall.
    3. Bond, Craig A. & Cullen, Kelly Giraud & Larson, Douglas M., 2009. "Joint estimation of discount rates and willingness to pay for public goods," Ecological Economics, Elsevier, vol. 68(11), pages 2751-2759, September.
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    More about this item

    Keywords

    disposición a pagar; tasa de descuento intertemporal; biodiversidad; valoración contingente.;
    All these keywords.

    JEL classification:

    • Q - Agricultural and Natural Resource Economics; Environmental and Ecological Economics
    • Q5 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics
    • Q51 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Valuation of Environmental Effects
    • Q57 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Ecological Economics

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