Contingent Valuation for the Conservation of the Monumental Park, San Martín de Porres, Lima, 2024

Abstract

The main objective of the research was to determine how much the citizens of Lima are willing to pay for the conservation of the San Martín de Porres Monumental Park. Through a quantitative and descriptive approach, and using the contingent valuation method, data were collected through a structured questionnaire applied to 64 individuals selected by probabilistic sampling. The results indicated that the average willingness to pay is S/ 3,125 per month per person. In addition, differences were found in the willingness to pay: 45.3% would pay S/ 3, while 46.9% would offer S/ 5, followed by 6.3% who would pay S/ 7, and 1.6% who would pay S/ 10. Factors such as monthly income, perception of pollution, satisfaction with green areas, air quality and higher education, particularly among people aged 36 to 45, play a significant role in this willingness to pay, with a level of precision of 95.5%.