Abstract

SEPULVEDA VARGAS, Rubén Darío. Economic valuation of the recreational use of "Ronda del Sinú" park in Montería, Colombia. Semest. Econ. [online]. 2008, vol.11, n.22, pp.67-90. ISSN 0120-6346.

This research is intended to verify validity of the contingent valuation theory for ex post projects, using information provided by "Ronda del Sinú" Park users in Monteria city, Colombia. An econometric, descriptive statistical analysis is carried out, which generates a trend to pay COP$6,100 a month by each user. It has been concluded that the contingent valuation method is a good instrument for evaluating the impact of environmental public policies.

Keywords : Contingent valuation; economic valuation methods; externalities; enviromental economic valuation; methods survey.

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