| Revista: | Journal of applied economics |
| Base de datos: | CLASE |
| Número de sistema: | 000401732 |
| ISSN: | 1667-6726 |
| Autores: | Báez Montenegro, Andrea1 Bedate, Ana María2 Herrero, Luis César3 Sanz Lara, Jose Ángel2 |
| Instituciones: | 1Universidad Austral de Chile, Instituto de Estadística, Valdivia. Chile 2Universidad de Valladolid, Departamento de Economía Financiera y Contabilidad, Valladolid. España 3Universidad de Valladolid, Departamento de Economía Aplicada, Valladolid. España |
| Año: | 2012 |
| Periodo: | Nov |
| Volumen: | 15 |
| Número: | 2 |
| Paginación: | 235-258 |
| País: | Argentina |
| Idioma: | Inglés |
| Tipo de documento: | Artículo |
| Enfoque: | Analítico, descriptivo |
| Resumen en inglés | We estimate the economic value of the urban cultural heritage of Valdivia, Chile, an emblematic historical city that comprises an ensemble of disperse cultural heritage elements. To derive its economic value we use the preferences stated by residents. The contingent valuation method with parametrical estimation (probit bivariate models) is applied, consisting of a survey employing double-bounded questions. The paper contributes to broadening the spectrum of case studies in this line of research in developing countries. It also seeks to determine which socioeconomic and demographical factors of interviewees prove significant when estimating willingness to pay (WTP). WTP is significant, although it reveals a slight drop as the degree of certainty of actually making a payment, in accordance with the hypothetical valuations that are stated, increases. WTP is positively related to educational qualifications and cultural habits, but there seem to be no major differences in terms of urban distribution |
| Disciplinas: | Economía |
| Palabras clave: | Econometría, Chile, Valdivia, Patrimonio cultural, Capital cultural, Valuacion contingente |
| Texto completo: | Texto completo (Ver PDF) |
