Economic valuation of water resources of the watershed Quillusara, canton Celica- Ecuador

Authors

  • Diana Bravo-Benavides Universidad Técnica Particular de Loja
  • Romeo Jaramillo Universidad Técnica Particular de Loja
  • Diana Encalada Universidad Técnica Particular de Loja

DOI:

https://doi.org/10.18779/cyt.v12i1.314

Keywords:

Contingent valuation, willingness to pay, water, Logit model

Abstract

The objective of this study is to evaluate economically the water resource provided by the Quillusara Microbasin in Celica-Ecuador and identify the determinants of willingness to pay (WTP) for the conservation of the resource. For this, the contingent valuation method and a LOGIT econometric model were used. The information was obtained through a survey applied to 374 users of the city’s water service. We found that 78.6% of the surveyed population is willing to pay for the conservation of water sources. In addition, the study revealed that the WTP is 0.92 USD/month, this value represents an important input to guide the public policy decisions on the care and protection of water sources in the canton.

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Published

2019-06-30

How to Cite

Bravo-Benavides, D., Jaramillo, R., & Encalada, D. . (2019). Economic valuation of water resources of the watershed Quillusara, canton Celica- Ecuador. Ciencia Y Tecnología, 12(1), 43–49. https://doi.org/10.18779/cyt.v12i1.314

Issue

Vol. 12 No. 1 (2019): Science and Technology Journal - January - June 2019

Section

Environmental Science

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