Estimating the public benefits of mitigating damages caused by invasive plant species in a subsistence economy

Rajesh Rai () and Helen Scarborough

No 124421, 2012 Conference (56th), February 7-10, 2012, Fremantle, Australia from Australian Agricultural and Resource Economics Society

Abstract: This paper presents analysis of a choice experiment (CE) designed to estimate willingness-topay (WTP) to mitigate damages caused by invasive plant species (IPS) in a rural community of Nepal. In order to address the cash constraints problem in a subsistence economy, two payment attributes, labor contribution and membership fee, were included in the choice sets. The results reveal that rural farmers have significant WTP for forest management activities, in terms of both cash and labor contributions. The results also suggest that rural farmers value their time in this context at a different rate to the current wage rate.

Keywords: Crop; Production/Industries (search for similar items in EconPapers)
Pages: 31
Date: 2012-02
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://ageconsearch.umn.edu/record/124421/files/2012AC%20Rai%20CP.pdf (application/pdf)

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:ags:aare12:124421

DOI: 10.22004/ag.econ.124421

Access Statistics for this paper

More papers in 2012 Conference (56th), February 7-10, 2012, Fremantle, Australia from Australian Agricultural and Resource Economics Society Contact information at EDIRC.
Bibliographic data for series maintained by AgEcon Search ().