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

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 w...

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Auteur principal: Bravo-Benavides, Diana (author)
Autres auteurs: Jaramillo, Romeo (author), Encalada, Diana (author)
Format: article
Langue:spa
Publié: 2019
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Accès en ligne:https://revistas.uteq.edu.ec/index.php/cyt/article/view/314
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Résumé: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.