Assessing forest management strategies using a contingent valuation approach and advanced visualisation techniques: a Portuguese case study

Lívia Madureira, Luis C. Nunes, José G. Borges, André O. Falcão

Research output: Contribution to journalArticlepeer-review

20 Citations (Scopus)

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.

Original languageEnglish
Pages (from-to)399-414
Number of pages16
JournalJournal Of Forest Economics
Volume17
Issue number4
DOIs
Publication statusPublished - 1 Dec 2011

Keywords

  • Contingent valuation
  • Forest management
  • Forest valuation
  • Protest responses
  • Visualisation techniques

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