Publication
 

Some organizing principles in the valuation of tropical forests

Some principles that should be used when evaluating the economic benefits of a standing tropical forest are outlined in this paper. The benefits of tropical forests include timber rents, revenues from non-timber forest goods and services, positive externalities to people living downstream, income from tourism, and biodiversity. The misallocation of resources arising from improper valuation of tropical forests are outlined.

Authors: 
R. Godoy
Journal: 
Forest Ecology & Management
Year: 
1992
Volume: 
50
Issue: 
1-2
Pages: 
171-180
DOI: 
10.1016/0378-1127(92)90322-Z