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Gravitational natural hazards: Valuing the protective function of Alpine forests

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  • Getzner, Michael
  • Gutheil-Knopp-Kirchwald, Gerlinde
  • Kreimer, Elisabeth
  • Kirchmeir, Hanns
  • Huber, Michael

Abstract

Forests produce significant non-market benefits by protecting residential and commercial real estate as well as all kinds of infrastructure (e.g. rail tracks, highways, power lines) against gravitational natural hazards such as avalanches, mudslides, and rockfall. The Austrian Federal Forests (Österreichische Bundesforste – ÖBf) recently commissioned a research project on the valuation of this ecosystem service by means of the replacement cost method and the hedonic pricing approach.

Suggested Citation

  • Getzner, Michael & Gutheil-Knopp-Kirchwald, Gerlinde & Kreimer, Elisabeth & Kirchmeir, Hanns & Huber, Michael, 2017. "Gravitational natural hazards: Valuing the protective function of Alpine forests," Forest Policy and Economics, Elsevier, vol. 80(C), pages 150-159.
    • Handle: RePEc:eee:forpol:v:80:y:2017:i:c:p:150-159
    DOI: 10.1016/j.forpol.2017.03.015
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    Cited by:

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    2. Zambrano-Monserrate, Manuel A. & Ruano, María Alejandra & Yoong-Parraga, Cristina & Silva, Carlos A., 2021. "Urban green spaces and housing prices in developing countries: A Two-stage quantile spatial regression analysis," Forest Policy and Economics, Elsevier, vol. 125(C).
    3. Grammatikopoulou, Ioanna & Vačkářová, Davina, 2021. "The value of forest ecosystem services: A meta-analysis at the European scale and application to national ecosystem accounting," Ecosystem Services, Elsevier, vol. 48(C).
    4. Caiubi Emanuel Souza Kuhn & Fábio Augusto Gomes Vieira Reis & Christiane Zarfl & Peter Grathwohl, 2023. "Ravines and gullies, a review about impact valuation," Natural Hazards: Journal of the International Society for the Prevention and Mitigation of Natural Hazards, Springer;International Society for the Prevention and Mitigation of Natural Hazards, vol. 117(1), pages 597-624, May.
    5. Bianchi, Ettore & Accastello, Cristian & Trappmann, Daniel & Blanc, Simone & Brun, Filippo, 2018. "The Economic Evaluation of Forest Protection Service Against Rockfall: A Review of Experiences and Approaches," Ecological Economics, Elsevier, vol. 154(C), pages 409-418.

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