The economic valuation of tropical forests: its scope and limits

The economic valuation of tropical forest services improves the assessment of a country's economic performance, and provides better criteria for the choice of projects. However, economic values do not purport to capture all, or even most, of the value of forests. As a first step, the various functions, or services, performed by tropical forests should be identified, and the evidence on their physical importance assembled. Next, these services be valued using any of half a dozen economic techniques, of which the most useful are the Effect on Production, Preventive Expenditure/Replacement Cost, and Contingent Valuation. A number of empirical case studies are referred to which illustrate the scope, and pitfalls, of this kind of analysis. The results of such exercises need to recognize the robustness (or not) of the underlyng physical data, and should not overtep the limits of plausibility. A pragmatic approach is recommended.

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Main Authors: 40034 Adam, K.L. eds., 131821 Winpenny, J.T., 94291 Miller, F.R., 36428 Oxford Conference on Tropical Forests Oxford (RU) 30 Mar - 1 Abr 1992
Format: biblioteca
Published: Oxford (Ru) 1992
Subjects:ANALISIS ECONOMICO, BOSQUE TROPICAL,
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spelling KOHA-OAI-BVE:581112020-02-03T21:24:05ZThe economic valuation of tropical forests: its scope and limitsWise management of tropical forests. Proceedings 40034 Adam, K.L. eds. 131821 Winpenny, J.T. 94291 Miller, F.R. 36428 Oxford Conference on Tropical Forests Oxford (RU) 30 Mar - 1 Abr 1992 Oxford (Ru)1992The economic valuation of tropical forest services improves the assessment of a country's economic performance, and provides better criteria for the choice of projects. However, economic values do not purport to capture all, or even most, of the value of forests. As a first step, the various functions, or services, performed by tropical forests should be identified, and the evidence on their physical importance assembled. Next, these services be valued using any of half a dozen economic techniques, of which the most useful are the Effect on Production, Preventive Expenditure/Replacement Cost, and Contingent Valuation. A number of empirical case studies are referred to which illustrate the scope, and pitfalls, of this kind of analysis. The results of such exercises need to recognize the robustness (or not) of the underlyng physical data, and should not overtep the limits of plausibility. A pragmatic approach is recommended.The economic valuation of tropical forest services improves the assessment of a country's economic performance, and provides better criteria for the choice of projects. However, economic values do not purport to capture all, or even most, of the value of forests. As a first step, the various functions, or services, performed by tropical forests should be identified, and the evidence on their physical importance assembled. Next, these services be valued using any of half a dozen economic techniques, of which the most useful are the Effect on Production, Preventive Expenditure/Replacement Cost, and Contingent Valuation. A number of empirical case studies are referred to which illustrate the scope, and pitfalls, of this kind of analysis. The results of such exercises need to recognize the robustness (or not) of the underlyng physical data, and should not overtep the limits of plausibility. A pragmatic approach is recommended.ANALISIS ECONOMICOBOSQUE TROPICALURN:ISBN:0850741254
institution IICA
collection Koha
country Costa Rica
countrycode CR
component Bibliográfico
access En linea
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databasecode cat-sibiica
tag biblioteca
region America Central
libraryname Sistema de Bibliotecas IICA/CATIE
topic ANALISIS ECONOMICO
BOSQUE TROPICAL
ANALISIS ECONOMICO
BOSQUE TROPICAL
spellingShingle ANALISIS ECONOMICO
BOSQUE TROPICAL
ANALISIS ECONOMICO
BOSQUE TROPICAL
40034 Adam, K.L. eds.
131821 Winpenny, J.T.
94291 Miller, F.R.
36428 Oxford Conference on Tropical Forests Oxford (RU) 30 Mar - 1 Abr 1992
The economic valuation of tropical forests: its scope and limits
description The economic valuation of tropical forest services improves the assessment of a country's economic performance, and provides better criteria for the choice of projects. However, economic values do not purport to capture all, or even most, of the value of forests. As a first step, the various functions, or services, performed by tropical forests should be identified, and the evidence on their physical importance assembled. Next, these services be valued using any of half a dozen economic techniques, of which the most useful are the Effect on Production, Preventive Expenditure/Replacement Cost, and Contingent Valuation. A number of empirical case studies are referred to which illustrate the scope, and pitfalls, of this kind of analysis. The results of such exercises need to recognize the robustness (or not) of the underlyng physical data, and should not overtep the limits of plausibility. A pragmatic approach is recommended.
format
topic_facet ANALISIS ECONOMICO
BOSQUE TROPICAL
author 40034 Adam, K.L. eds.
131821 Winpenny, J.T.
94291 Miller, F.R.
36428 Oxford Conference on Tropical Forests Oxford (RU) 30 Mar - 1 Abr 1992
author_facet 40034 Adam, K.L. eds.
131821 Winpenny, J.T.
94291 Miller, F.R.
36428 Oxford Conference on Tropical Forests Oxford (RU) 30 Mar - 1 Abr 1992
author_sort 40034 Adam, K.L. eds.
title The economic valuation of tropical forests: its scope and limits
title_short The economic valuation of tropical forests: its scope and limits
title_full The economic valuation of tropical forests: its scope and limits
title_fullStr The economic valuation of tropical forests: its scope and limits
title_full_unstemmed The economic valuation of tropical forests: its scope and limits
title_sort economic valuation of tropical forests: its scope and limits
publisher Oxford (Ru)
publishDate 1992
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