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Estimating Economic Costs of Nature Protection: British Columbia's Forest Regulations


  • G. Cornelis van Kooten
  • Sen Wang


In British Columbia, regulations to protect nature have been implemented with little or no economic analysis. This paper provides an analysis of one set of regulations, British Columbia's Forest Practices Code. Annual costs of the Code are estimated to be $492.4 to $696.3 million. On the benefit side, recreation benefits are estimated to be $3.2 to $12.6 million per year, while annual non-use or preservation benefits could take on values from $85 to $385 million. Social benefits are less than costs.

Suggested Citation

  • G. Cornelis van Kooten & Sen Wang, 1998. "Estimating Economic Costs of Nature Protection: British Columbia's Forest Regulations," Canadian Public Policy, University of Toronto Press, vol. 24(s2), pages 63-71, May.
  • Handle: RePEc:cpp:issued:v:24:y:1998:i:s2:p:63-71

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    Cited by:

    1. Niquidet, Kurt, 2008. "Revitalized? An event study of forest policy reform in British Columbia," Journal of Forest Economics, Elsevier, vol. 14(4), pages 227-241, November.
    2. Wilson, Jeffrey J. & Lantz, Van A. & MacLean, David A., 2010. "A benefit-cost analysis of establishing protected natural areas in New Brunswick, Canada," Forest Policy and Economics, Elsevier, vol. 12(2), pages 94-103, February.
    3. Slaney, G.L. & Lantz, V.A. & MacLean, D.A., 2010. "Assessing costs and benefits of pest management on forested landbases in eastern and western Canada," Journal of Forest Economics, Elsevier, vol. 16(1), pages 19-34, January.

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