Table of Contents

Valuing the Environment in Developing Countries

Valuing the Environment in Developing Countries

Case Studies

Edited by David Pearce, Corin Pearce and Charles Palmer

In this book, the first of two volumes, the authors provide detailed case studies of valuation techniques that have been used in developing countries. They demonstrate that valuation works and that it can yield significant insights into policy-relevant issues regarding conservation and economic development. The authors address a whole range of environmental issues under the broad themes of water and air quality, biological diversity and forest functions. The economic approaches covered include contingent valuation, hedonic property prices, travel cost methodologies and benefits transfer.

Chapter 15: Using an income accounting framework to value non-timber forest products

Caroline Sullivan

Subjects: development studies, development economics, economics and finance, development economics, environmental economics, valuation, environment, environmental economics, valuation


15. Using an income accounting framework to value non-timber forest products Caroline Sullivan 1 INTRODUCTION Today, almost 4 per cent of the earth’s land area is managed explicitly to conserve species and ecosystems (WCED, 1987), so the need for conservation is already accepted. The problem we are faced with now is one of determining how it can be achieved, both in the best interests of individual nations and in the interests of the world as a whole. Clearly, the objective of any rational government is to achieve economic growth so that the needs of the population are met, and the standards of living (howsoever measured) are improved. In order to achieve this in a sustainable way, changes will be needed in the way countries operate both internally and externally. Tropical forests are important to the global ecosystem for a number of reasons. Not only do they provide a production function in the form of a wealth of resources, but they also fulfil important regulatory functions such as carbon sequestration and hydrological cycling. Because of the high concentration of flora and fauna in tropical moist forests, these areas function as a major carbon sink, along with the oceans and the atmosphere itself. Estimates of the size of this total global biomass pool are in the range of 550–830 billion tonnes of carbon (Bouwman, 1990), and tropical deforestation is one aspect of human action which is disturbing the functioning of this carbon sink, and contributing to the rise in atmospheric...

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