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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Oxford (Ru)
1992
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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 |
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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 |
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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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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 |
work_keys_str_mv |
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1756055714999042048 |