A method for the economic valuation of non-timber tropical forest products |
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| Authors: | Ricardo Godoy Ruben Lubowski Anil Markandya |
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| Institution: | 1. Harvard Institute for International Development, Harvard University, 02138, Cambridge, MA, USA
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| Abstract: | By drawing on quantitative studies in social anthropology, zoology, ethnobotany, and economics we present a method for conducting
an economic valuation of non-timber forest products. A review of 24 studies suggests that the median value for non-timber
forest products is about $50/ha/year. We discuss problems with past studies and suggest ways to get better estimates of output
quantities, marginal costs, and prices. |
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| Keywords: | non-timber forest products tropical forests economic valuation methods sus-ainability |
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