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Región y sociedad
On-line version ISSN 2448-4849Print version ISSN 1870-3925
Abstract
FLORES-XOLOCOTZI, Ramiro. Assessment of Parks and Ornamental Trees and Plants in Mexico City Using Quality of Life Data. Región y sociedad [online]. 2019, vol.31, e1175. ISSN 2448-4849. https://doi.org/10.22198/rys2019/31/1175.
The aim of the research is to carry out an economic assessment of two variables: urban parks and ornamental trees and plants in Mexico City using data from the 2012 Quality of Life Perception Survey. Quality of life models were used, in terms of sociodemographic variables, services and average monthly household income. According to the results, based on the estimated parameters, the presence of parks, as well as ornamental trees and plants in the environment, is positive for the population's quality of life. The limitation of the study is that the values calculated may be complementary to assessments using hedonic prices, and to know if this is the case, it is necessary to investigate more about the housing market, in addition to considering problems of endogeneity in income, which can overestimate monetary values. It follows that the latter are indicators of the positive incidence of the two variables assessed on the quality of life of city dwellers.
Keywords : urban parks; economic assessment; willingness-to-pay analysis; social welfare; contingent valuation.