Incentives for Biodiversity Conservation Beyond the Best Management Practices: Are Forestland Owners Interested?

Jagannadha R. Matta, Janaki R. R. Alavalapati and D. Evan Mercer

Land Economics, 2009, vol. 85, issue 1, 132-143

Abstract: With the growing recognition of the role of environmental services rendered by private lands, landowner involvement has become a critical component of landscape-level strategies to conserve biodiversity. In this paper, we examine the willingness of private forest owners to participate in a conservation program that requires adopting management regimes beyond the existing regulations for silvicultural best management practices. Results from a multinomial logit model indicate both program attributes and landowner characteristics significantly influencing participation. While the mean incentive payment necessary to induce participation is $95.54 per ha per year, this amount varied among respondents with different forest ownership objectives.

JEL-codes: Q23 Q24 (search for similar items in EconPapers)
Date: 2009
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Citations: View citations in EconPapers (20)

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