No abstract

No abstract

This paper presents a contingent valuation study concerning landscape impacts generated by the construction of one dam (Baker 1) of the HIDROAYSEN hydropower project located in the Chilean Patagonia. A survey was used to collect information about citizens' opinions towards the hydropower project in four major cities in Chile. Specifically, a One-and-One-Half-Bound (OOHB) willingness to pay eliciting format was applied to capture citizens' WTP. The economic loss, associated to the landscape impacts for people living in urban areas of the country, is found to be approximately US$ 205 million, which is nearly 28% of the total investment. Our results also show that the cities' distance from the dam affects citizens' willingness to pay.

This research addresses the case of Manu National Park (PNM) in Peru, one of the most biodiverse protected areas worldwide. Applying the choice experiments (CE) method, based on 1.164 surveys in this country, the positive decay effect on the willingness to pay (WTP) was determined for the conservation of the PNM, at least for most of the attributes analyzed. This suggests that in cases of megadiverse areas, WTP for conservation may not be inversely related to the interviewee’s distance since the effect of biodiversity conservation interest would exceed the effect of disinterest associated with distance.

ResumenEl objetivo del estudio es evaluar la sostenibilidad de la economía peruana durante el periodo 1994-2015. Para ello se utilizó el criterio Inversión Genuina, bajo el cual si el valor de la base productiva ha sido no decreciente en un periodo dado (inversión genuina positiva), entonces la economía ha estado en la senda del desarrollo sostenible en ese periodo. Los resultados sugieren que la economía peruana estuvo en la senda del desarrollo sostenible durante el periodo en análisis, aunque ello no garantiza necesariamente que la base productiva siga creciendo endógenamente, y por ende, la capacidad para enfrentar el desarrollo futuro. Palabras clave: desarrollo sostenible; riqueza; inversión genuina; pib; ingreso. AbstractThe purpose of this study is to evaluate the sustainability of Peruvian economy during 1994-2015 using the Genuine Investment criterion, which states that if the value of the productive base has been non-decreasing in a given period, then the economy has been on the sustainable development path. The results suggest that the Peruvian economy was on the sustainable development path in the period under analysis, although this does not necessarily guarantee that productive base will continue to grow endogenously, and therefore, the capacity to face the future development.