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Valuation of Forest Resources in Watershed Areas: Selected Applications in Makiling Forest Reserve

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  • Francisco, Herminia A.
  • Espiritu, Nena O.

Abstract

The valuation of resources found in the watershed area is important in assessing the impacts of changes in the watershed. While the change will have positive impacts which are short-term in nature, there are long-term environmental damages associated with economic benefits. This paper gives a rational judgment on the soundness of such changes through cost and benefit analysis. The watershed approach is utilized to capture the effects that are relevant in the analysis.

Suggested Citation

  • Francisco, Herminia A. & Espiritu, Nena O., 1999. "Valuation of Forest Resources in Watershed Areas: Selected Applications in Makiling Forest Reserve," Philippine Journal of Development JPD 1999 Vol. XXVI No. 1-, Philippine Institute for Development Studies.
    • Handle: RePEc:phd:pjdevt:jpd_1999_vol__xxvi_no__1-a
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    File URL: https://www.pids.gov.ph/publication/philippine-journal-of-development/valuation-of-forest-resources-in-watershed-areas-selected-applications-in-makiling-forest-reserve
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    References listed on IDEAS

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    1. Emmanuel Jimenez, 1983. "The Magnitude and Determinants of Home Improvement in Self-Help Housing: Manila's Tondo Project," Land Economics, University of Wisconsin Press, vol. 59(1), pages 70-83.
    2. Whittington, Dale & Briscoe, John & Mu, Xinming & Barron, William, 1990. "Estimating the Willingness to Pay for Water Services in Developing Countries: A Case Study of the Use of Contingent Valuation Surveys in Southern Haiti," Economic Development and Cultural Change, University of Chicago Press, vol. 38(2), pages 293-311, January.
    3. Kramer, R.A. & Sharma, N. & Munashinghe, M., 1995. "Valuing Tropical Forests. Methodology and Cade Study of Madagascar," Papers 13, World Bank - The World Bank Environment Paper.
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