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Valuing changes in forest biodiversity

Author

Listed:
  • Czajkowski, Mikolaj
  • Buszko-Briggs, Malgorzata
  • Hanley, Nick

Abstract

The paper attempts to improve current understanding of the economic value of biodiversity. Instead of the prevailing approach of using only one indicator of biodiversity (typically, species richness) we provide evidence that it is possible to value changes in a number of attributes which describe complex characteristics of biodiversity, based on ecological knowledge. The attributes used include structural, species and functional diversity. The empirical application is a choice experiment study conducted in the Bialowieza Forest, Poland: our study is therefore also one of the first to cast light on the value of biodiversity protection in Eastern Europe. Interestingly, respondents valued passive protection regimes resulting in preservation of natural ecological processes. In addition, the respondents seemed to be concerned with the means, and not only the results of protection programmes.

Suggested Citation

  • Czajkowski, Mikolaj & Buszko-Briggs, Malgorzata & Hanley, Nick, 2009. "Valuing changes in forest biodiversity," Ecological Economics, Elsevier, vol. 68(12), pages 2910-2917, October.
    • Handle: RePEc:eee:ecolec:v:68:y:2009:i:12:p:2910-2917
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    More about this item

    Keywords

    Biodiversity Forests Valuation Eastern Europe Choice experiments;

    JEL classification:

    • Q57 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Ecological Economics
    • Q51 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Valuation of Environmental Effects
    • Q23 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Forestry

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