The Passive Use Value of the Mediterranean Forest

Vladimir Otrachshenkoy

No 187288, Climate Change and Sustainable Development from Fondazione Eni Enrico Mattei (FEEM)

Abstract: In this study we estimate the passive use value of forest in different ecological zones in the Mediterranean region. We estimate these values for forests using meta-analysis. These estimates are used to reveal the annual monetary values per hectare for each country. The total annual amount of passive use value of the Mediterranean forest is about one billion international dollars. The estimated passive use value of the forest from this study can be used to account for the social welfare loss caused by fire, insects, diseases, biotic agents, and abiotic factors.

Keywords: Environmental; Economics; and; Policy (search for similar items in EconPapers)
Pages: 28
Date: 2014-10-17
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:ags:feemcl:187288

DOI: 10.22004/ag.econ.187288

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