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Terra Latinoamericana

On-line version ISSN 2395-8030Print version ISSN 0187-5779


VALDIVIA ALCALA, Ramón et al. Economic Valuation of Water in the Industrial Sector. Terra Latinoam [online]. 2011, vol.29, n.4, pp.459-466. ISSN 2395-8030.

In the last years, the increase of the population has generated the overexploitation and the pollution of water resources, generating serious problems worldwide, causing a strong competition of the demand of the water resources among the different users, producing a decrease of the availability of the resource. The objective of this research was to determine the economic value of the water in the industrial sector in the Amajac river basin in Hidalgo, by means of the contingent valuation method. This method simulate a market by surveying water users of the industrial sector; asking them about the maximum amount of money that they would be willing to pay (WTP) for the water and the quantity that they would be willing to accept (WTA) in compensation for not using the water required for their activities. From these surveys, the economic value that water has for the consumer was deduced. An analysis of the results revealed that the WTP of consumers of the industrial sector in Amajac river basin; Hidalgo, Mexico is $703.47 m-3 and the WTA is $7031.31 m-3, that is to say, the WTP represents 10% of WTA.

Keywords : willingness to pay; willingness to be compensated.

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