Measuring total social income of a stone pine afforestation in Huelva (Spain)

Paola Ovando, Jose Oviedo and Pablo Campos

No 1501, Working Papers from Instituto de Políticas y Bienes Públicos (IPP), CSIC

Abstract: We estimate the total social income delivered by a simulated Stone pine (Pinus pinea L.) afforestation investment in Huelva province, Spain. We consider the following private and public products: timber, pinecones, forestry conservation services, landowner amenities, landscape conservation, public recreation and carbon sequestration services. We show how total income of each single product is distributed into the partial rewards to labor and to environmental and manufactured assets. Results demonstrate that private income accounts on average for 46% of the total social income over the entire afforestation cycle; public income comprises the remaining 54%. This distribution is subject to variations over the afforestation cycle according to the timber and pine cones harvesting profiles and scheduled conservationist forestry operations. Our results also indicate that the production of public non-market services offset the government compensations (payments) to support the Stone pine afforestation. Finally, our applied experimental agroforestry accounting system indicates that on average 93% of the total social income over the entire afforestation cycle would be omitted if the current national system of accounts for forestry were applied to our case study.

Keywords: Public services; private amenities; conservationist forestry; non-market valuation; environmental income (search for similar items in EconPapers)
JEL-codes: Q23 Q51 (search for similar items in EconPapers)
Date: 2015-01
New Economics Papers: this item is included in nep-env
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3)

Downloads: (external link)
http://investigacion.cchs.csic.es/RePEc/ipp/wpaper ... p-2015-01_ovando.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:ipp:wpaper:1501

Access Statistics for this paper

More papers in Working Papers from Instituto de Políticas y Bienes Públicos (IPP), CSIC Contact information at EDIRC.
Bibliographic data for series maintained by Adelheid Holl ().