Exploring the willingness to pay for forest ecosystem services by residents of the Veneto Region
Paola Gatto,
Enrico Vidale,
Laura Secco and
Davide Pettenella
Bio-based and Applied Economics Journal, 2014, vol. 03, issue 01, 23
Abstract:
Forests produce a wide array of goods, both private and public. The demand for forest ecosystem services is increasing in many European countries, yet there is still a scarcity of data on values at regional scale for Alpine areas. A Choice Experiment survey has been conducted in order to explore preferences, uses and the willingness of the Veneto population to pay for ecosystem services produced by regional mountain forests. The results show that willingness to pay is significant for recreation and C-sequestration but not for biodiversity conservation, landscape and other ecosystem services. These findings question the feasibility of developing market-based mechanisms in Veneto at present and cast light on the possible role of public institutions in promoting policy actions to increase the general awareness of forest-related ecosystem services.
Keywords: Environmental Economics and Policy; Land Economics/Use; Resource/Energy Economics and Policy (search for similar items in EconPapers)
Date: 2014
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Citations: View citations in EconPapers (6)
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Persistent link: https://EconPapers.repec.org/RePEc:ags:aieabj:172413
DOI: 10.22004/ag.econ.172413
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