Valoración económica de la actividad recreativa en el río Colorado

Abstract

Informal recreation activities derived from Colorado River water flow produce economic benefits. In order to prove this, we used a contingent valuation method (CVM), based on a survey applied to 100 visitors originating mainly from San Luis Rio Colorado; a single bounded econometric analysis was performed on the referendum question of willingness to pay (WTP). Many regressions using Probit and Logit models were run to obtain different estimators of central tendency of WTP. The estimated annual profit from such activities is between 1.9 and 6 million pesos a year.