Ovando, Paola, Caparrós, Alejandro, Díaz-Balteiro, Luis, Pasalodos, María, Beguería, Santiago, Oviedo, José L., Montero, Gregorio and Campos, Pablo (2017) Spatial valuation of forests' enviromental assets: an application to Andalusian Silvopastoral farms. Land Economics, 93 (1). pp. 87-108. ISSN 0023-7639
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Abstract
We develop a model that estimates spatially allocated environmental asset values for the simultaneous provision of seven ecosystem services. We examine the effect of heterogeneous spatial and economic factors on asset figures, and identify potential forestry abandonment problems when continuing with forestry activity becomes unprofitable for the landowner. Our results show a relevant spatial variability according to forest species distribution and structure. We examine potential trade-offs among silvopastoral provisioning services, water, and carbon sequestration services. Results forecast the abandonment of forestry activity and quantify the significant impact of discount rates and prices on asset values.
| Item Type: | Article |
|---|---|
| Official URL: | http://uwpress.wisc.edu/ |
| Additional Information: | © 2017 The University of Wisconsin Press © CC BY-NC-ND 4.0 |
| Divisions: | Grantham Research Institute |
| Subjects: | H Social Sciences > HB Economic Theory |
| Date Deposited: | 27 Apr 2016 08:18 |
| Last Modified: | 14 Nov 2024 21:33 |
| URI: | http://eprints.lse.ac.uk/id/eprint/66172 |
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