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Closed Access item Can we use non-market valuation techniques in green national accounting applied to forests?
|Authors:||Caparrós Gass, Alejandro|
Campos Palacín, Pablo
|Keywords:||exchange values, contingent valuation, environmental services, forest green total income|
|Citation:||Austrian Journal of Forest Science 126: 53-76 (2009)|
|Abstract:||Theory on green national accounting has been an important research topic in recent years.
Nevertheless, little effort has been put into the practical measurement of exchange values for
environmental goods and services to be integrated with commercial ones in applied green
national accounting. While market values are measured in national accounts using market
exchange prices times quantity, environmental valuation techniques yield consumer surplus or
Hicksian variations, so that direct aggregation is not possible. For free-access public recreation
in forests we propose to simulate the whole market (demand, costs and competitive environment).
We obtain an interval, depending on the competitive environment assumed, but the
values obtained are (simulated) exchange values that can be aggregated to commercial values.
We also discuss the different options available to obtain an interval for the exchange value for
private environmental recreation and other amenity values consumed by the land owner. The
methodology is illustrated with two forest applications in Spain.|
|Publisher version (URL):||http://www.boku.ac.at/cbl/Inhalt.htm#2009|
|Appears in Collections:||(CCHS-IPP) Artículos|
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