Prioritizing Ecosystem Service Protection and Conservation Efforts in the Forest Plantations of the Red Hills
Rebecca Moore
Agricultural and Resource Economics Review, 2013, vol. 42, issue 1, 225-250
Abstract:
We use a stated choice experiment to estimate household willingness-to-pay for a program providing incentives to private forest land owners in the Red Hills region of southwest Georgia and northwest Florida. The estimated values of various program attributes inform a landscape analysis that identifies high-priority private forest land that could be targeted for conservation incentives. Households report an increase in utility from the program when it explicitly identifies a target ecosystem-service priority. Also, inclusion of stated preference values in the prioritization plan highlights a potential scarcity effect that has important implications for conservation targeting.
Date: 2013
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Persistent link: https://EconPapers.repec.org/RePEc:cup:agrerw:v:42:y:2013:i:01:p:225-250_00
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