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The Valuation of Forest Ecological Services: A Meta-Analysis |
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| รหัสดีโอไอ | |
| Creator | Tiparpa Ratisurakarn |
| Title | The Valuation of Forest Ecological Services: A Meta-Analysis |
| Publisher | Faculty of Economics, Chulalongkorn University |
| Publication Year | 2562 |
| Journal Title | Southeast Asian Journal of Economics |
| Journal Vol. | 7 |
| Journal No. | 2 |
| Page no. | 61-84 |
| Keyword | Meta-analysis, environmental economics, forest valuation, ecological value, ecosystem services |
| URL Website | https://so05.tci-thaijo.org/index.php/saje/About |
| Website title | Southeast Asian Journal of Economics |
| ISSN | 2465-5120 |
| Abstract | Forests have a significant impact on global ecosystem services. Deforestation continues to be one of the world's biggest problems in terms of environmental degradation. There has been an ongoing debate pitting economic development versus environmental preservation, especially in developing countries. Forest valuation is the usual key to measure the cost-benefit of the forest before making a decision. In this research, a Meta-analysis was conducted using 155 observations from 47 different countries. The mean forest valuation of these observations is $US65.62 per hectare per 1000 person per year (in 2016). The OLS regression results found that forest use values,methodology, and forest types by geographical latitude are statistically significant to forest value. Forest use values have more monetary value over non-use. The results when applied to forest valuation in Thailand, the predicted use value of the Thai evergreen forest conducted by the contingent valuation method is valued around $US23.94 per hectare per 1000 person per year (in 2016). |
