20 years of stated preference valuation of non-timber benefits from Fennoscandian forests: A meta-analysis

Lindhjem, Henrik

20 years of stated preference valuation of non-timber benefits from Fennoscandian forests: A meta-analysis

MPRA Paper from University Library of Munich, Germany

Abstract: Stated preference (SP) surveys have been conducted to value non-timber benefits (NTBs) from forests in Norway, Sweden and Finland for about 20 years. The paper first reviews the literature and summarises methodological traditions in SP research in the three countries. Second, a meta-regression analysis is conducted explaining systematic variation in Willingness-to-Pay (WTP). Two important conclusions emerge, with relevance for future research: (1) WTP is found to be insensitive to the size of the forest, casting doubt on the use of simplified WTP/area measures for complex environmental goods; and (2) WTP tends to be higher if people are asked as individuals rather than on behalf of their household.

Keywords: Non-timber forest benefits; Meta-analysis; Stated preferences; Norway; Finland; Sweden (search for similar items in EconPapers)
JEL-codes: H41 Q23 Q26 Q51 (search for similar items in EconPapers)
Date: 2006-09-15
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (6)

Published in Journal of Forest Economics 12.4(2007): pp. 251-277

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Related works:
Journal Article: 20 years of stated preference valuation of non-timber benefits from Fennoscandian forests: A meta-analysis (2007)
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:11467

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