Opportunity costs of conservation in a biodiversity hotspot: the case of southern Bahia
AbstractBiodiversity hotspot areas, which are characterized by concentrations of endemic species and severe anthropogenic loss of natural habitat, might be thought to present steep opportunity costs for maintaining forest cover against pressures of agricultural conversion. We examine this proposition for the southern part of the state of Bahia, a center of endemism within the Brazilian Atlantic Forest, which has less than 8 per cent of its original primary forest cover remaining. Using data from a survey of property values, we relate land price to land characteristics, including land cover, soil quality, slope, climate, and road proximity. We find median land values of R$725 hectare, or about US$400 hectare at recently prevailing exchange rates. Remaining land under forest has a market value 70 per cent below comparable cleared land.
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Bibliographic InfoArticle provided by Cambridge University Press in its journal Environment and Development Economics.
Volume (Year): 10 (2005)
Issue (Month): 03 (June)
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- Paulo A.L.D. Nunes & Elena Ojea & Maria Loureiro, 2009. "Mapping of Forest Biodiversity Values: A Plural Perspective," Working Papers 2009.4, Fondazione Eni Enrico Mattei.
- Aline Chiabai & Chiara Travisi & Anil Markandya & Helen Ding & Paulo Nunes, 2011.
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- Aline Chiabai & Chiara Travisi & Anil Markandya & Helen Ding & Paulo Nunes, 2010. "Economic Assessment of Forest Ecosystem Services Losses: Cost of Policy Inaction," Working Papers 2010-13, BC3.
- Elena Ojea & Paulo Nunes & Maria Loureiro, 2010. "Mapping Biodiversity Indicators and Assessing Biodiversity Values in Global Forests," Environmental & Resource Economics, European Association of Environmental and Resource Economists, vol. 47(3), pages 329-347, November.
- Chomitz, Kenneth M. & Wertz-Kanounnikoff, Sheila, 2005. "Measuring the initial impacts on deforestation of Mato Grosso's program for environmental control," Policy Research Working Paper Series 3762, The World Bank.
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