Testing the embedding effect in the valuation of lagoon recovery
| dc.contributor.author | Donoso, Guillermo | |
| dc.contributor.author | Cancino, Jose | |
| dc.contributor.author | Villar, Susana | |
| dc.date.accessioned | 2025-01-21T00:07:08Z | |
| dc.date.available | 2025-01-21T00:07:08Z | |
| dc.date.issued | 2010 | |
| dc.description.abstract | G. Donoso H., J. Cancino, and S. Villar. 2010. Testing embedding the effect in the valuation of lagoon recovery. Cien. Inv. Agr. 37(1): 103-111. The contingent valuation method was employed to assess the benefits of recovering the Laguna Grande de San Pedro dc La Paz in Chile's Bio-Bio region and to analyze the possible existence of an embedding effect. Our results indicate that there is not a perfect part-whole valuation effect and that there is an imperfect substitution relationship between the two analyzed projects. In addition, when assessing the joint construction project of a main sewer and a recreation park on the north hillside of the lagoon, we determined that households were willing to pay an average monthly amount of $6,114 for the associated benefit of the environmental improvement. This amount would contribute $ 358,977,396 per month to the project and a total value of $4,307,728,752. Additionally, the separate valuation of the two projects resulted in an amount of $ 3,290,635,524 for the main sewer and $ 2,484,518,138 for the recreation park. The absence of part-whole valuation effect may be explained by the precautions adopted in the survey's design and application, based on the review and analysis of prior studies. | |
| dc.fuente.origen | WOS | |
| dc.identifier.issn | 0718-1620 | |
| dc.identifier.uri | https://repositorio.uc.cl/handle/11534/95617 | |
| dc.identifier.wosid | WOS:000277157200010 | |
| dc.issue.numero | 1 | |
| dc.language.iso | en | |
| dc.pagina.final | 111 | |
| dc.pagina.inicio | 103 | |
| dc.revista | Ciencia e investigacion agraria | |
| dc.rights | acceso restringido | |
| dc.subject | Contingent valuation | |
| dc.subject | economic value | |
| dc.subject | embedding effect | |
| dc.subject | part-whole effect | |
| dc.subject | scope insensitivity | |
| dc.subject.ods | 03 Good Health and Well-being | |
| dc.subject.odspa | 03 Salud y bienestar | |
| dc.title | Testing the embedding effect in the valuation of lagoon recovery | |
| dc.type | artículo | |
| dc.volumen | 37 | |
| sipa.index | WOS | |
| sipa.trazabilidad | WOS;2025-01-12 |