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Assessing forest management strategies using a contingent valuation approach and advanced visualisation techniques: A Portuguese case study

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  • Madureira, Lívia
  • Nunes, Luis C.
  • Borges, José G.
  • Falcão, André O.

Abstract

The assessment of alternative forest management strategies should account not only for the private benefits to forest landowners but also for the ecological, environmental and economic benefits valued by society. There are a number of empirical valuation methods that may contribute to that assessment. These methods involve several steps: data acquisition, model specification and estimation. In this paper, this approach is illustrated in the context of a survey regarding alternative management strategies for a forest area in Central Portugal by implementing a contingent valuation experiment where an advanced landscape visualisation technique is employed to generate the visual information conveyed in the valuation scenarios. Several econometric model specifications are considered as well as alternative approaches to handle zero willingness to pay values and protest responses. The results obtained suggest the potential of the proposed approach for an effective comparison of alternative forest management strategies.

Suggested Citation

  • Madureira, Lívia & Nunes, Luis C. & Borges, José G. & Falcão, André O., 2011. "Assessing forest management strategies using a contingent valuation approach and advanced visualisation techniques: A Portuguese case study," Journal of Forest Economics, Elsevier, vol. 17(4), pages 399-414.
    • Handle: RePEc:eee:foreco:v:17:y:2011:i:4:p:399-414
    DOI: 10.1016/j.jfe.2011.04.001
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    Cited by:

    1. Hoogstra-Klein, Marjanke A. & Hengeveld, Geerten M. & de Jong, Rutger, 2017. "Analysing scenario approaches for forest management — One decade of experiences in Europe," Forest Policy and Economics, Elsevier, vol. 85(P2), pages 222-234.
    2. Matthews, Yvonne & Scarpa, Riccardo & Marsh, Dan, 2017. "Using virtual environments to improve the realism of choice experiments: A case study about coastal erosion management," Journal of Environmental Economics and Management, Elsevier, vol. 81(C), pages 193-208.
    3. Ruggiero Sardaro & Vincenzo Fucilli & Claudio Acciani, 2015. "Measuring the Value of Rural Landscape in Support of Preservation Policies," SCIENZE REGIONALI, FrancoAngeli Editore, vol. 2015(2), pages 125-138.
    4. Ildephonse, Musafili & Oluoch-Kosura, Willis & Otieno, Jakinda, 2016. "Assessing the value farmers attach to Volcanoes National Park management atrtributes in Rwanda: a choice experiment approach," 2016 Fifth International Conference, September 23-26, 2016, Addis Ababa, Ethiopia 246273, African Association of Agricultural Economists (AAAE).
    5. Sangare Moussa, 2017. "How to Restore Forest Areas in a Smallholder Agriculture-Dominated Country?," Journal of Management and Sustainability, Canadian Center of Science and Education, vol. 7(1), pages 40-53, March.
    6. Ildephonse, Musafili, 2015. "An Economic Analysis Of Farmers’ Preferences For Participatory Management Of Volcanoes National Park In Rwanda," Research Theses 265680, Collaborative Masters Program in Agricultural and Applied Economics.
    7. Paula Simões & Luís Cruz & Eduardo Barata, 2012. "Non-market Recreational Value of a National Forest: Survey Design and Results," GEMF Working Papers 2012-09, GEMF, Faculty of Economics, University of Coimbra.
    8. Krawczyk, Michał, 2012. "Testing for hypothetical bias in willingness to support a reforestation program," Journal of Forest Economics, Elsevier, vol. 18(4), pages 282-289.

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    More about this item

    Keywords

    Forest management; Forest valuation; Contingent valuation; Visualisation techniques; Protest responses;
    All these keywords.

    JEL classification:

    • Q23 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Forestry
    • Q26 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Recreational Aspects of Natural Resources
    • C25 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Discrete Regression and Qualitative Choice Models; Discrete Regressors; Proportions; Probabilities
    • D60 - Microeconomics - - Welfare Economics - - - General

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