Economics at your fingertips  

Gravitational natural hazards: Valuing the protective function of Alpine forests

Michael Getzner, Gerlinde Gutheil-Knopp-Kirchwald, Elisabeth Kreimer, Hanns Kirchmeir and Michael Huber

Forest Policy and Economics, 2017, vol. 80, issue C, 150-159

Abstract: Forests produce significant non-market benefits by protecting residential and commercial real estate as well as all kinds of infrastructure (e.g. rail tracks, highways, power lines) against gravitational natural hazards such as avalanches, mudslides, and rockfall. The Austrian Federal Forests (Österreichische Bundesforste – ÖBf) recently commissioned a research project on the valuation of this ecosystem service by means of the replacement cost method and the hedonic pricing approach.

Keywords: Protective function of Alpine forests; Gravitational natural hazards; Replacement cost approach; Hedonic pricing; State-owned forests; Multifunctional forestry (search for similar items in EconPapers)
Date: 2017
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1) Track citations by RSS feed

Downloads: (external link)
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:

DOI: 10.1016/j.forpol.2017.03.015

Access Statistics for this article

Forest Policy and Economics is currently edited by M. Krott

More articles in Forest Policy and Economics from Elsevier
Bibliographic data for series maintained by Nithya Sathishkumar ().

Page updated 2021-04-14
Handle: RePEc:eee:forpol:v:80:y:2017:i:c:p:150-159