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An operative framework for total hicksian income measurement - Application to a multiple-use forest


  • A. Caparros

    (CIRED - Centre international de recherche sur l'environnement et le développement - CNRS - Centre National de la Recherche Scientifique - ENPC - École des Ponts ParisTech - EHESS - École des hautes études en sciences sociales - Cirad - Centre de Coopération Internationale en Recherche Agronomique pour le Développement - ENGREF - Ecole Nationale du Génie Rural, des Eaux et des Forêts)

  • P. Campos

    (CSIC - Spanish National Research Council)

  • G. Montero

    (CIFOR - Center for International Forestry Research - CGIAR - Consultative Group on International Agricultural Research [CGIAR])


A methodology for estimating total hicksian income in multiple-use forests is presented. The approach consistently incorporates commercial as well as non-commercial economic values and enables the measurement of national accounting aggregates taking into account variation in man-made and natural capital. Innovative solutions are developed (i) for the estimation of non-market values, such as recreation, where an attempt to determine exchange values has been made simulating markets, (ii) for timber, where standing timber valuation methods have been extended to cover uneven stands, and (iii) for carbon fixation valuation, where only permanently fixed carbon after 1990 has been taken into account. The methodology is applied to a multiple-use pinewood in the Guadarrama mountains, near Madrid (Spain). Timber, cattle grazing, hunting, recreation, carbon fixation and conservation values are measured and integrated in the accounting system, using primary microeconomic data from the case study. Results indicate the importance of non-commercial income, which accounts for 51% of the total income, and the social relevance of the analysed forest, implying that only 31% of the total income generated is appropriated by the forest owner.

Suggested Citation

  • A. Caparros & P. Campos & G. Montero, 2003. "An operative framework for total hicksian income measurement - Application to a multiple-use forest," Post-Print hal-00719124, HAL.
  • Handle: RePEc:hal:journl:hal-00719124
    DOI: 10.1023/A:1026306832349
    Note: View the original document on HAL open archive server:

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    Cited by:

    1. Francois Bonnieux & Jean-Christophe Paoli, 2005. "A consistent set of economic and social indicators for project evaluation," Post-Print hal-01594082, HAL.
    2. Alejandro Caparrós & José L. Oviedo & Alejandro Álvarez & Pablo Campos, 2015. "Simulated exchange values and ecosystem accounting," Working Papers 1512, Instituto de Políticas y Bienes Públicos (IPP), CSIC.
    3. José L. Oviedo & Hong Il Yoo, 2017. "A Latent Class Nested Logit Model for Rank-Ordered Data with Application to Cork Oak Reforestation," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 68(4), pages 1021-1051, December.
    4. Oviedo, José L. & Caparrós, Alejandro & Ruiz-Gauna, Itziar & Campos, Pablo, 2016. "Testing convergent validity in choice experiments: Application to public recreation in Spanish stone pine and cork oak forests," Journal of Forest Economics, Elsevier, vol. 25(C), pages 130-148.
    5. Caparrós, Alejandro & Oviedo, José L. & Álvarez, Alejandro & Campos, Pablo, 2017. "Simulated exchange values and ecosystem accounting: Theory and application to free access recreation," Ecological Economics, Elsevier, vol. 139(C), pages 140-149.
    6. Matero, Jukka & Saastamoinen, Olli, 2007. "In search of marginal environmental valuations -- ecosystem services in Finnish forest accounting," Ecological Economics, Elsevier, vol. 61(1), pages 101-114, February.
    7. Campos, Pablo & Caparros, Alejandro, 2006. "Social and private total Hicksian incomes of multiple use forests in Spain," Ecological Economics, Elsevier, vol. 57(4), pages 545-557, June.
    8. Caparros, Alejandro & Cerda, Emilio & Ovando, P. & Campos, Pablo, 2007. "Carbon Sequestration with Reforestations and Biodiversity-Scenic Values," Climate Change Modelling and Policy Working Papers 9323, Fondazione Eni Enrico Mattei (FEEM).
    9. Francois Bonnieux & Jean-Christophe Paoli, 2004. "Investment project evaluation : social and economic indicators for sustainable development," Working Papers hal-01594134, HAL.
    10. Pelletier, Marie-Chantale & Heagney, Elizabeth & KovaÄ , Mladen, 2021. "Valuing recreational services: A review of methods with application to New South Wales National Parks," Ecosystem Services, Elsevier, vol. 50(C).
    11. Ovando, Paola & Caparrós, Alejandro & Díaz-Balteiro, Luis & Pasalodos, María & Beguería, Santiago & Oviedo, José L. & Montero, Gregorio & Campos, Pablo, 2017. "Spatial valuation of forests' enviromental assets: an application to Andalusian Silvopastoral farms," LSE Research Online Documents on Economics 66172, London School of Economics and Political Science, LSE Library.
    12. Paola Ovando & José L. Oviedo & Pablo Campos, 2015. "Measuring total social income of a stone pine afforestation in Huelva (Spain)," Working Papers 1501, Instituto de Políticas y Bienes Públicos (IPP), CSIC.
    13. Gadaud, Juliette & Rambonilaza, Mbolatiana, 2010. "Amenity values and payment schemes for free recreation services from non-industrial private forest properties: A French case study," Journal of Forest Economics, Elsevier, vol. 16(4), pages 297-311, December.
    14. Campos, Pablo & Álvarez, Alejandro & Mesa, Bruno & Oviedo, José L. & Caparrós, Alejandro, 2021. "Linking standard Economic Account for Forestry and ecosystem accounting: Total forest incomes and environmental assets in publicly-owned conifer farms in Andalusia-Spain," Forest Policy and Economics, Elsevier, vol. 128(C).
    15. Capriolo, A. & Boschetto, R.G. & Mascolo, R.A. & Balbi, S. & Villa, F., 2020. "Biophysical and economic assessment of four ecosystem services for natural capital accounting in Italy," Ecosystem Services, Elsevier, vol. 46(C).
    16. Pierre-Alexandre Mahieu & Romain Craste & Bengt Kriström & Pere Riera, 2014. "Non-market valuation in France: An overview of the research activity," Working Papers hal-01087365, HAL.
    17. Jose L. Oviedo & Pablo Campos & Alejandro Caparrós, 2010. "Simulated Exchange Value Method: Applying Green National Accounting to Forest Public Recreation," Working Papers 1016, Instituto de Políticas y Bienes Públicos (IPP), CSIC.
    18. Cerdá, Emilio & Martín-Barroso, David, 2013. "Optimal control for forest management and conservation analysis in dehesa ecosystems," European Journal of Operational Research, Elsevier, vol. 227(3), pages 515-526.
    19. Ovando, Paola & Campos, Pablo & Oviedo, José L. & Caparrós, Alejandro, 2016. "Ecosystem accounting for measuring total income in private and public agroforestry farms," Forest Policy and Economics, Elsevier, vol. 71(C), pages 43-51.
    20. Goio, Ilaria & Gios, Geremia & Pollini, Claudio, 2008. "The development of forest accounting in the province of Trento (Italy)," Journal of Forest Economics, Elsevier, vol. 14(3), pages 177-196, June.
    21. José L. Oviedo & Lynn Huntsinger & Pablo Campos, 2015. "Reconciling landowner income and land prices: the case of Spanish and California oak woodlands," Working Papers 1502, Instituto de Políticas y Bienes Públicos (IPP), CSIC.
    22. Campos, Pablo & Caparrós, Alejandro & Oviedo, José L. & Ovando, Paola & Álvarez-Farizo, Begoña & Díaz-Balteiro, Luis & Carranza, Juan & Beguería, Santiago & Díaz, Mario & Herruzo, A. Casimiro & Martín, 2019. "Bridging the Gap Between National and Ecosystem Accounting Application in Andalusian Forests, Spain," Ecological Economics, Elsevier, vol. 157(C), pages 218-236.
    23. Alejandro Caparrós & Pablo Campos & José L. Oviedo & Paola Ovando & Begoña Álvarez-Farizo & Luis Díaz-Balteiro & Gregorio Montero & Juan Carranza & Santiago Beguería & Mario Díaz & Casimiro Herruzo & , 2015. "Renta total social y capital georreferenciados de los ecosistemas forestales de Andalucía," Working Papers 1508, Instituto de Políticas y Bienes Públicos (IPP), CSIC.

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