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Valuing Changes in Forest Biodiversity

Author

Listed:
  • Małgorzata Buszko-Briggs

    (Forest Research Institute, Warsaw)

  • Mikołaj Czajkowski

    () (Faculty of Economic Sciences, University of Warsaw)

  • Nick Hanley

    (Department of Economics, University of Stirling)

Abstract

The paper offers an innovative approach to valuation of biodiversity. Instead of the prevailing approach of using only one indicator of biodiversity (usually number of species) we provide evidence that it is possible to provide attributes describing complex characteristics of biodiversity based on sound ecological knowledge. We argue that our approach managed to value the multi-level changes in the biological diversity, by using the attributes which described structural, species and functional diversity at the same time. Our study shows that even complex indicators of multi-level biodiversity might be successfully communicated to respondents in a comprehensible and meaningful way. The empirical application of the method is provided based on a choice experiment study conducted in Białowieża Forest, Poland. The results underline the importance of using multi-level indicators and question the validity of only species-level indicators. Interestingly, the respondents appreciated passive protection regimes, resulting in preservation of natural ecological processes. In addition, the respondents seemed to be concerned about means, and not only about the results of protection programmes. Finally, some conclusions for future applications and policy making are drawn.

Suggested Citation

  • Małgorzata Buszko-Briggs & Mikołaj Czajkowski & Nick Hanley, 2008. "Valuing Changes in Forest Biodiversity," Working Papers 2008-02, Faculty of Economic Sciences, University of Warsaw.
  • Handle: RePEc:war:wpaper:2008-02
    as

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    File URL: http://www.wne.uw.edu.pl/inf/wyd/WP/WNE_WP2.pdf
    File Function: First version, 2008
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    References listed on IDEAS

    as
    1. Czajkowski, Mikolaj & Buszko-Briggs, Malgorzata & Hanley, Nick, 2009. "Valuing changes in forest biodiversity," Ecological Economics, Elsevier, vol. 68(12), pages 2910-2917, October.
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    More about this item

    Keywords

    biodiversity; forests; valuation; choice experiment;

    JEL classification:

    • Q57 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Ecological Economics
    • Q51 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Valuation of Environmental Effects
    • Q23 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Forestry

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