Role of Nonmarket Economic Values in Benefit-cost Analysis of Public Forest Management PDF Download
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Author: Ernie Niemi Publisher: ISBN: 9780788176555 Category : Languages : en Pages : 78
Book Description
Describes a method for assessing the competing demands of forest resources in a forest management plan by addressing economics values, economic impacts, and perceptions of fairness around each demand. Economic trends and forces that shape the dynamic ecosystem-economy relation are developed. The method is demonstrated through an illustrative analysis of a forest-management decision in the southern Appalachian Mountains. This report provides a technically sound, but readily understandable, method for assessing the full range of economic consequences that accompanies forest-management decisions. Also includes a 32-page report, "Role of Nonmarket Economic Values in Benefit-Cost Analysis of Public Forest Management."
Author: Michael D. Bowes Publisher: Routledge ISBN: 1135888094 Category : Technology & Engineering Languages : en Pages : 403
Book Description
In this book, Bowes and Krutilla bring together what is known and relevant about valuing the nonmarket services of the public forests and propose a new theoretical framework that allows multiple uses, the biological dynamics of the forest, and the institutional and economic realities of public forest management to be taken into account in forest planning and budgeting. The authors begin by tracing the development of multiple use in forest management and by exploring the multiple uses of the public forests and the economics of multiple-use forestry. They offer a masterful analysis of the nineteenth-century model of the single timber stand on which much forestry practice has been premised. Bowes and Krutilla then take a giant step forward by developing a larger theoretical framework and showing how forest structure and dynamics can be included in the economic model. The authors' rigorous exposition theory provides the foundation for analyzing case studies of management for timber and water yields in the Rockies, of recreation valuation in the Black Hills and White Mountain national forests, and of joint production in the White Clouds Peaks --- analyses that demonstrate the authors' great skill in developing practical methodologies to meet actual forest management problems.
Author: Publisher: Iied ISBN: 9781843694083 Category : Economic development Languages : en Pages : 158
Book Description
Focuses on recent advances in the economic evaluation of forestry activities and, in particular, on how techniques for valuing non-timber forest benefits in monetary terms can assist the development of forest policy and management systems.
Author: National Research Council Publisher: National Academies Press ISBN: 030909318X Category : Science Languages : en Pages : 291
Book Description
Nutrient recycling, habitat for plants and animals, flood control, and water supply are among the many beneficial services provided by aquatic ecosystems. In making decisions about human activities, such as draining a wetland for a housing development, it is essential to consider both the value of the development and the value of the ecosystem services that could be lost. Despite a growing recognition of the importance of ecosystem services, their value is often overlooked in environmental decision-making. This report identifies methods for assigning economic value to ecosystem servicesâ€"even intangible onesâ€"and calls for greater collaboration between ecologists and economists in such efforts.
Author: Janina Reibetanz Publisher: GRIN Verlag ISBN: 334613010X Category : Business & Economics Languages : en Pages : 88
Book Description
Diploma Thesis from the year 2010 in the subject Economy - Environment economics, grade: 1,5, University of Bayreuth (Helmholtz Center for Environmental Research), language: English, abstract: This thesis investigates the potential and limitation of benefit transfer application for the economic valuation of non-marketed forest benefits in Saxony. This time- and cost saving valuation technique can support political and business decisions by transferring monetary costs and benefits from environmental changes from a studied to an unstudied site. As benefit transfer is currently not applied in Saxony, the question becomes how far it can contribute to a better-informed regional decision procedure. To elicit the methodological experiences of this application field, a literature review investigates the technical state of the art. From a methodological perspective, research and application manages spatial, temporal, and ecological site differences and accuracy tests very heterogeneously. The majority refines function transfer with varying models methodologically, drawing on primary valuation studies on forest recreation. A minor fraction concentrates on applications with simplistic unit transfer are of a likewise technically inconsistent manner. Absence of homogeneous ethodological performance and experiences suggest an application of unit transfer for Saxony following a guideline by Navrud (2010). In a compact manner it guides a benefit transfer application on forest benefits. A transfer of a WTP for forest biodiversity demonstrates income-adjusted unit transfer to be principally possible for contexts requiring knowledge gains. However, under current conditions it faces distinct limitations. Valuation is restricted to a small empirical pool on non-marketed forest benefits in such a way that most indirect use and non-use values remain unapproachable. Therefore, further primary valuation studies are fruitful additions to enlarge the number of appraisable benefits. If thorough benefit transfers are pursued in Saxony, incomeadjusted unit transfer is recommended according to Navrud’s (2010) guideline to enable a methodological homogeneous and well-reported valuation. Further, the literature should be collected from databases with empirical studies satisfying the criteria of site similarity. Facilitating a regular prospective application in Saxony, interest and demand needs to be raised to create a legal framework for the internalization of non-marketed forest benefits in political and business decisions.
Author: Gerrit Cornelis Van Kooten Publisher: Edward Elgar Publishing ISBN: Category : Business & Economics Languages : en Pages : 562
Book Description
This text provides a comprehensive introduction to the important issues of land use and forest economics. The authors employ economic tools to study the allocation of land among alternative activities such as agriculture, grazing and forestry which impact upon the landscape. The book begins by explaining general economic concepts of well-being, welfare measurement and economic rents before providing a synopsis of various environmental economic issues including non-market valuation, cost-benefit analysis and sustainable development. The authors then move on to address several critical topics relating to land use, the conservation of nature and the protection of agricultural land. These include an analysis of agricultural land use from the perspective of urban expansion and the interface between crop production and nature. They also discuss the economics of public lands, range and ranching, forestry, and global climate change in a comprehensive fashion. Throughout the book, the focus is on enhancing welfare for society as a whole, rather than for particular individuals, interest groups or sectors. In this way, the authors present a balanced and just approach to policy decisions regarding the allocation of scarce land resources. Accessible and self-contained, this text will become indispensable to postgraduate and undergraduate students on a range of courses including agricultural and environmental economics, geography and resource management. Although primarily a textbook, it will also provide a useful overview for policymakers, range scientists, public land managers and anyone with an interest in the economic evaluation of rural land use and forestry.