The Role of Non-market Valuation in Forest Management and Recreation Policy

Steve Harrison, Jeffrey Bennett and Clement Tisdell
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Steve Harrison: University of Queensland

Economic Analysis and Policy, 2002, vol. 32, issue 2, 1-10

Abstract: Forests, and particularly those where native and mixed species are grown, provide a variety of non-wood values, important among which are recreation and environmental services. Substantial progress has been made in recent years in estimating economic values on these services. A considerable amount of research on forest values has been carried out recently in tropical and sub-tropical eastern Australia, some of which is reported in the following papers. The need for estimates of non-wood forest benefits is apparent, and it is clear that further development of techniques and a greater understanding of the way these values can be integrated into public-sector decision making is required.

Keywords: Forest; Recreation; Wood (search for similar items in EconPapers)
JEL-codes: Q23 Q26 (search for similar items in EconPapers)
Date: 2002
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