A method for the economic valuation of non-timber tropical forest products
By drawing on quantitative studies in social anthropology, zoology, ethnobotany, and economics we present a method for conducting an economic valuation of non-timber forest products. A review of 24 studies suggests that the median value for non-timber forest products is about $50/ha/year. We discuss problems with past studies and suggest ways to get better estimates of output quantities, marginal costs, and prices.
Journal:
Economic Botany
Year:
1993
Volume:
47
Issue:
3
Pages:
220-233
DOI:
10.1007/BF02862288
Link:
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