Estimating compensation payments for on-farm conservation of agricultural biodiversity in developing countries

Vijesh Krishna, Adam G. Drucker, Unai Pascual (), Prabhakaran T. Raghu and Edwin Devarathna Israel King ()

Ecological Economics, 2013, vol. 87, issue C, 110-123

Abstract: This paper examines the role of direct compensation payments for agrobiodiversity conservation, using minor millet landraces in India as an example. The cost of farmer participation in a hypothetical ‘payments for agrobiodiversity conservation services’ (PACS) scheme is estimated using a stated preference valuation approach. Significant inter-crop and inter-varietal differences are observed with respect to consumption values, upon which the compensation demanded by farm households is shown to primarily depend. Drawing on a categorisation of consumption values and farmer preferences, the paper points to the importance of simultaneously considering a range of potential interventions in order to conserve a priority portfolio of agrobiodiverse resources in predominantly subsistence-based agricultural systems.

Keywords: Consumption utility; Contingent valuation; Incentive mechanisms; Opportunity cost of on-farm conservation; Payments for ecosystem services; Willingness to accept (search for similar items in EconPapers)
Date: 2013
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (38)

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S092180091200496X
Full text for ScienceDirect subscribers only

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolec:v:87:y:2013:i:c:p:110-123

DOI: 10.1016/j.ecolecon.2012.12.013

Access Statistics for this article

Ecological Economics is currently edited by C. J. Cleveland

More articles in Ecological Economics from Elsevier
Bibliographic data for series maintained by Catherine Liu ().