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Preservation or Conversion? Valuation and Evaluation of a Mangrove forest in the Philippines

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  • Janssen Ron
  • Jose Padilla

Abstract

Mangrove ecosystems are rapidly declining in many parts of the world. This has resulted in the loss of important environmental and economic products and services including forest products, flood mitigation and nursery grounds for fish. The aquaculture industry was the single biggest threat to mangroves in the Philippines until 1981 when conversion of the remaining mangrove stands was prohibited by law. However, the decreasing yield from capture fisheries is putting pressure for the re-examination of this policy. To understand the importance of mangroves, insight is needed into the value of products and services provided is needed. This article compares the costs and benefits of mangrove preservation with those generated by alternative uses such as aquaculture and forestry. Equity and sustainability objectives are taken into account, in addition to economic efficiency and analyzed according to the perspectives of the different types of decision makers involved. Copyright Kluwer Academic Publishers 1999

Suggested Citation

  • Janssen Ron & Jose Padilla, 1999. "Preservation or Conversion? Valuation and Evaluation of a Mangrove forest in the Philippines," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 14(3), pages 297-331, October.
    • Handle: RePEc:kap:enreec:v:14:y:1999:i:3:p:297-331
    DOI: 10.1023/A:1008344128527
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    References listed on IDEAS

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    1. Avinash K. Dixit & Robert S. Pindyck, 1994. "Investment under Uncertainty," Economics Books, Princeton University Press, edition 1, number 5474.
    2. Costanza, Robert & Farber, Stephen C. & Maxwell, Judith, 1989. "Valuation and management of wetland ecosystems," Ecological Economics, Elsevier, vol. 1(4), pages 335-361, December.
    3. Freeman, A. III, 1991. "Valuing environmental resources under alternative management regimes," Ecological Economics, Elsevier, vol. 3(3), pages 247-256, September.
    4. Gilbert, Alison J. & Janssen, Ron, 1998. "Use of environmental functions to communicate the values of a mangrove ecosystem under different management regimes," Ecological Economics, Elsevier, vol. 25(3), pages 323-346, June.
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    Cited by:

    1. Gowing, J. W. & Tuong, T. P. & Hoanh, Chu Thai, 2006. "Land and water management in coastal zones: dealing with agriculture, aquaculture, fishery conflicts," IWMI Books, Reports H039102, International Water Management Institute.
    2. Anderson, Lee G. & Parsons, George R., 2004. "Review of Valuation Studies for Coastal and Ocean Resources in Latin America and the Caribbean," IDB Publications (Working Papers) 4486, Inter-American Development Bank.
    3. Das, Saudamini, 2017. "Ecological Restoration and Livelihood: Contribution of Planted Mangroves as Nursery and Habitat for Artisanal and Commercial Fishery," World Development, Elsevier, vol. 94(C), pages 492-502.
    4. Barbier, Edward B., 2012. "A spatial model of coastal ecosystem services," Ecological Economics, Elsevier, vol. 78(C), pages 70-79.

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