Economic Valuation of Water in the Alto Chicamocha Irrigation District, Boyacá, Colombia

The economic valuation of natural resources allows the determination of the monetary value of a public resource without a defined market. Contingent valuation methodology is the most widely used method in the world for assessing the economic value of water. In this study, the estimation of the econo...

Full description

Bibliographic Details
Main Authors: Suárez Parra, Karen Victoria, Parra Saad, Alejandro, Cely Reyes, Germán Eduardo
Format: Online
Language:spa
Published: Universidad Pedagógica y Tecnológica de Colombia 2023
Subjects:
Online Access:https://revistas.uptc.edu.co/index.php/cenes/article/view/16018
_version_ 1801705971691552768
author Suárez Parra, Karen Victoria
Parra Saad, Alejandro
Cely Reyes, Germán Eduardo
author_facet Suárez Parra, Karen Victoria
Parra Saad, Alejandro
Cely Reyes, Germán Eduardo
author_sort Suárez Parra, Karen Victoria
collection OJS
description The economic valuation of natural resources allows the determination of the monetary value of a public resource without a defined market. Contingent valuation methodology is the most widely used method in the world for assessing the economic value of water. In this study, the estimation of the economic value of irrigation water and payment for a water resource conservation plan of the Alto Chicamocha (Boyacá) Irrigation District was carried out, using the methodological scheme of contingent valuation and the application of surveys for the identification of the perception of social, productive, environmental and economic aspects of the users. The willingness to pay values was calculated with the econometric estimation using probit models in the Stata 16 software. The results indicate a total economic value of 421,998,831.5 COP, a willingness to pay (DAP) of 181 COP per cubic meter of irrigation water, and 10,782.33 COP for a water conservation plan within the territory. The very low statistically ​​determined values show the low perception of the importance of the water resource, both for its conservation and its productive value, on the part of the users. Therefore, it is necessary to develop strategies that take into account the importance of water resources as part of the regional production chain, as well as other research on the valuation of natural resources in order to formulate strategies for efficient use, governance and conservation.
format Online
id oai:oai.revistas.uptc.edu.co:article-16018
institution Revista Apuntes del Cenes
language spa
publishDate 2023
publisher Universidad Pedagógica y Tecnológica de Colombia
record_format ojs
spelling oai:oai.revistas.uptc.edu.co:article-160182024-03-20T22:40:28Z Economic Valuation of Water in the Alto Chicamocha Irrigation District, Boyacá, Colombia Valoración económica del agua en el Distrito de Riego del Alto Chicamocha, Boyacá, Colombia Suárez Parra, Karen Victoria Parra Saad, Alejandro Cely Reyes, Germán Eduardo Hidric resource contingent valuation efficient use irrigation willingness to pay Recurso hídrico valoración contingente riego uso eficiente disponibilidad a pagar The economic valuation of natural resources allows the determination of the monetary value of a public resource without a defined market. Contingent valuation methodology is the most widely used method in the world for assessing the economic value of water. In this study, the estimation of the economic value of irrigation water and payment for a water resource conservation plan of the Alto Chicamocha (Boyacá) Irrigation District was carried out, using the methodological scheme of contingent valuation and the application of surveys for the identification of the perception of social, productive, environmental and economic aspects of the users. The willingness to pay values was calculated with the econometric estimation using probit models in the Stata 16 software. The results indicate a total economic value of 421,998,831.5 COP, a willingness to pay (DAP) of 181 COP per cubic meter of irrigation water, and 10,782.33 COP for a water conservation plan within the territory. The very low statistically ​​determined values show the low perception of the importance of the water resource, both for its conservation and its productive value, on the part of the users. Therefore, it is necessary to develop strategies that take into account the importance of water resources as part of the regional production chain, as well as other research on the valuation of natural resources in order to formulate strategies for efficient use, governance and conservation. La valoración económica de recursos naturales permite establecer un valor monetario de un recurso público sin mercado definido. La metodología de valoración contingente es la metodología de mayor implementación en el mundo para estimar el valor económico del agua. En este estudio se calculó el valor económico del agua de riego y el pago por un plan de conservación del recurso hídrico del Distrito de Riego del Alto Chicamocha (Boyacá), utilizando el esquema metodológico de la valoración contingente y la aplicación de encuestas para la identificación de la percepción de aspectos sociales, productivos, ambientales y económicos de los usuarios. Los valores de disposición a pagar se calcularon con la estimación econométrica empleando modelos probit en el software Stata 16. Los resultados indican un valor económico total de 421 998 831,5 COP, una disposición a pagar (DAP) de 181 COP por metro cúbico de agua de riego y 10 782,33 COP por un plan de conservación de agua dentro del territorio. Los valores tan bajos determinados estadísticamente demuestran la baja percepción de importancia por parte de los usuarios del recurso hídrico, tanto para su conservación como de su valor productivo. Por ende, se requiere generar estrategias para considerar la importancia del recurso hídrico como parte de la cadena productiva regional, y realizar otras investigaciones en valoración de recursos naturales para crear planes de uso eficiente, gobernanza y conservación.  Universidad Pedagógica y Tecnológica de Colombia 2023-08-04 info:eu-repo/semantics/article info:eu-repo/semantics/publishedVersion Peer reviewed Article application/pdf text/xml https://revistas.uptc.edu.co/index.php/cenes/article/view/16018 10.19053/01203053.v42.n76.2023.16018 Apuntes del Cenes; Vol. 42 No. 76 (2023); 153-172 Apuntes del Cenes; Vol. 42 Núm. 76 (2023); 153-172 2256-5779 0120-3053 spa https://revistas.uptc.edu.co/index.php/cenes/article/view/16018/13471 https://revistas.uptc.edu.co/index.php/cenes/article/view/16018/13873 Copyright (c) 2023 Karen Victoria Suárez Parra, Alejandro Parra Saad, Germán Eduardo Cely Reyes http://creativecommons.org/licenses/by-nc-sa/4.0
spellingShingle Hidric resource
contingent valuation
efficient use
irrigation
willingness to pay
Recurso hídrico
valoración contingente
riego
uso eficiente
disponibilidad a pagar
Suárez Parra, Karen Victoria
Parra Saad, Alejandro
Cely Reyes, Germán Eduardo
Economic Valuation of Water in the Alto Chicamocha Irrigation District, Boyacá, Colombia
title Economic Valuation of Water in the Alto Chicamocha Irrigation District, Boyacá, Colombia
title_alt Valoración económica del agua en el Distrito de Riego del Alto Chicamocha, Boyacá, Colombia
title_full Economic Valuation of Water in the Alto Chicamocha Irrigation District, Boyacá, Colombia
title_fullStr Economic Valuation of Water in the Alto Chicamocha Irrigation District, Boyacá, Colombia
title_full_unstemmed Economic Valuation of Water in the Alto Chicamocha Irrigation District, Boyacá, Colombia
title_short Economic Valuation of Water in the Alto Chicamocha Irrigation District, Boyacá, Colombia
title_sort economic valuation of water in the alto chicamocha irrigation district boyaca colombia
topic Hidric resource
contingent valuation
efficient use
irrigation
willingness to pay
Recurso hídrico
valoración contingente
riego
uso eficiente
disponibilidad a pagar
topic_facet Hidric resource
contingent valuation
efficient use
irrigation
willingness to pay
Recurso hídrico
valoración contingente
riego
uso eficiente
disponibilidad a pagar
url https://revistas.uptc.edu.co/index.php/cenes/article/view/16018
work_keys_str_mv AT suarezparrakarenvictoria economicvaluationofwaterinthealtochicamochairrigationdistrictboyacacolombia
AT parrasaadalejandro economicvaluationofwaterinthealtochicamochairrigationdistrictboyacacolombia
AT celyreyesgermaneduardo economicvaluationofwaterinthealtochicamochairrigationdistrictboyacacolombia
AT suarezparrakarenvictoria valoracioneconomicadelaguaeneldistritoderiegodelaltochicamochaboyacacolombia
AT parrasaadalejandro valoracioneconomicadelaguaeneldistritoderiegodelaltochicamochaboyacacolombia
AT celyreyesgermaneduardo valoracioneconomicadelaguaeneldistritoderiegodelaltochicamochaboyacacolombia