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Valuing changes in forest biodiversity

  • Czajkowski, Mikolaj
  • Buszko-Briggs, Malgorzata
  • Hanley, Nick

The paper attempts to improve current understanding of the economic value of biodiversity. Instead of the prevailing approach of using only one indicator of biodiversity (typically, species richness) we provide evidence that it is possible to value changes in a number of attributes which describe complex characteristics of biodiversity, based on ecological knowledge. The attributes used include structural, species and functional diversity. The empirical application is a choice experiment study conducted in the Bialowieza Forest, Poland: our study is therefore also one of the first to cast light on the value of biodiversity protection in Eastern Europe. Interestingly, respondents valued passive protection regimes resulting in preservation of natural ecological processes. In addition, the respondents seemed to be concerned with the means, and not only the results of protection programmes.

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Article provided by Elsevier in its journal Ecological Economics.

Volume (Year): 68 (2009)
Issue (Month): 12 (October)
Pages: 2910-2917

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Handle: RePEc:eee:ecolec:v:68:y:2009:i:12:p:2910-2917
Contact details of provider: Web page: http://www.elsevier.com/locate/ecolecon

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  1. E. Roy Weintraub & Evelyn L. Forget, 2007. "Introduction," History of Political Economy, Duke University Press, vol. 39(5), pages 1-6, Supplemen.
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  11. Garrod, G. D. & Willis, K. G., 1997. "The non-use benefits of enhancing forest biodiversity: A contingent ranking study," Ecological Economics, Elsevier, vol. 21(1), pages 45-61, April.
  12. Buszko-Briggs, Malgorzata & Czajkowski, Mikolaj & Hanley, Nicholas, 2008. "Valuing Changes in Forest Biodiversity," Stirling Economics Discussion Papers 2008-17, University of Stirling, Division of Economics.
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  14. Sergio Colombo & Javier Calatrava-Requena & Nick Hanley, 2007. "Testing Choice Experiment for Benefit Transfer with Preference Heterogeneity," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 89(1), pages 135-151.
  15. repec:cup:cbooks:9780521788304 is not listed on IDEAS
  16. Nijkamp, Peter & Vindigni, Gabriella & Nunes, Paulo A.L.D., 2008. "Economic valuation of biodiversity: A comparative study," Ecological Economics, Elsevier, vol. 67(2), pages 217-231, September.
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  20. Chuan-zhong Li & Jari Kuuluvainen & Eija Pouta & Mika Rekola & Olli Tahvonen, 2004. "Using Choice Experiments to Value the Natura 2000 Nature Conservation Programs in Finland," Environmental & Resource Economics, European Association of Environmental and Resource Economists, vol. 29(3), pages 361-374, November.
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