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Please use this identifier to cite or link to this item: http://hdl.handle.net/10400.5/4278

Title: Assessing forest management strategies using a contingent valuation approach and advanced visualisation techniques: a portuguese case study
Authors: Madureira, Lívia
Nunes, Luís C.
Borges, J.G.
Falcão, André O.
Keywords: forest management
forest valuation
contingent valuation
visualisation techniques
protest responses
Issue Date: 2011
Publisher: Elsevier
Citation: "Journal of Forest Economics". ISSN 1104-6899. 17 (2011) 399-414
Abstract: The assessment of alternative forest management strategies should account not only for the private benefits to forest landowners but also for the ecological, environmental and economic benefits valued by society. There are a number of empirical valuation methods that may contribute to that assessment. These methods involve several steps: data acquisition, model specification and estimation. In this paper, this approach is illustrated in the context of a survey regarding alternative management strategies for a forest area in Central Portugal by implementing a contingent valuation experiment where an advanced landscape visualisation technique is employed to generate the visual information conveyed in the valuation scenarios. Several econometric model specifications are considered as well as alternative approaches to handle zero willingness to pay values and protest responses. The results obtained suggest the potential of the proposed approach for an effective comparison of alternative forest management strategies
Description: Available at ScienceDirect
Peer Reviewed: yes
URI: http://hdl.handle.net/10400.5/4278
ISSN: 1104-6899
Publisher version: www.elsevier.de/jfe
Appears in Collections:DRAT - Artigos de Revistas

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