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The Passive Use Value of the Mediterranean Forest

Author

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  • Vladimir Otrachshenkoy

    (Centro Euro-Mediterraneo sui Cambiamenti Climatici (CMCC), Fondazione Eni Enrico Mattei (FEEM) and Nova School of Business and Economics (Portugal))

Abstract

In this study we estimate the passive use value of forest in different ecological zones in the Mediterranean region. We estimate these values for forests using meta-analysis. These estimates are used to reveal the annual monetary values per hectare for each country. The total annual amount of passive use value of the Mediterranean forest is about one billion international dollars. The estimated passive use value of the forest from this study can be used to account for the social welfare loss caused by fire, insects, diseases, biotic agents, and abiotic factors.

Suggested Citation

  • Vladimir Otrachshenkoy, 2014. "The Passive Use Value of the Mediterranean Forest," Working Papers 2014.86, Fondazione Eni Enrico Mattei.
    • Handle: RePEc:fem:femwpa:2014.86
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    References listed on IDEAS

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    Cited by:

    1. Rico, Margarita & González, Andrés, 2015. "Social participation into regional forest planning attending to multifunctional objectives," Forest Policy and Economics, Elsevier, vol. 59(C), pages 27-34.

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    More about this item

    Keywords

    Forest; Mediterranean Region; Passive Use; Welfare Loss;
    All these keywords.

    JEL classification:

    • Q23 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Forestry

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