ECONOMIC VALUATION OF NATURAL HERITAGE: AN ANALYSIS FOR THE TITICACA NATIONAL RESERVE - PUNO SECTOR

The Titicaca National Reserve is constituted as a natural heritage of high landscape and historical value concentrates an immensity of biodiversity; however, population growth and the expansion of economic activity in and around the city of Puno have been degrading its environmental assets, exposing...

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Published inJournal of Management Information and Decision Sciences Vol. 24; pp. 1 - 33
Main Authors Mamani, Julio Cesar Quispe, Guizada, Cesar Elías Roque, Mamani, Gladys Filonila Rivera, Mamani, Freddy Abel Rivera, Claros, Alfonso Romaní, Gallardo, Nelly Jacqueline Ulloa
Format Journal Article
LanguageEnglish
Published London Allied Business Academies 01.01.2021
Subjects
Biodiversity
Conservation
Cultural heritage
Economic conditions
Ecosystems
Education
Endangered & extinct species
Environmental economics
Environmental impact
Environmental quality
Income
National parks
Natural resources
Nature reserves
Perception
Population growth
Sex
Valuation
Willingness to pay
United States > US
Peru
Lake Titicaca
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Summary:The Titicaca National Reserve is constituted as a natural heritage of high landscape and historical value concentrates an immensity of biodiversity; however, population growth and the expansion of economic activity in and around the city of Puno have been degrading its environmental assets, exposing its ecosystem to danger. The objective of this research is to determine the economic value granted by families for the conservation of the Titicaca National Reserve. The type of research to be applied is descriptive and correlal, the method used is the contingent valuation that allowed showing the economic value assigned to it by families. The economic value granted to the conservation of the ecosystem of the Titicaca National Reserve is 5.63 soles on a monthly basis, where more than fifty percent indicates that it is willing to pay for the conservation of that nature reserve. The variables that influence the willingness to pay are age, sex, education, household size, monthly income, time of residence, perception of contamination of the reserve and knowledge of policy implementation. More than fifty percent of the population is willing to pay monthly the amountof 5.63 suns, the main variables affecting this decision the age of the respondent, sex, education, household size, monthly income, time of residence, perception of pollution of the nature reserve and the implementation of policies.
ISSN:1524-7252
1532-5806