RP0232 – The Passive Use Value of the Mediterranean Forest

Division ECIP - Economic analysis of Climate Impacts and Policy Division
10/2014

Authors

  • Vladimir Otrachshenko
Download .pdf | 434.62 KB

In this study we estimate the passive use value of forest in different ecological zones in the Mediterranean region. We estimate these values for forests using meta-analysis. These estimates are used to reveal the annual monetary values per hectare for each country. The total annual amount of passive use value of the Mediterranean forest is about one billion international dollars. The estimated passive use value of the forest from this study can be used to account for the social welfare loss caused by fire, insects, diseases, biotic agents, and abiotic factors.

  • jel: Q23
  • Keywords: forest, Mediterranean region, passive use, welfare loss

Start typing and press Enter to search

Shopping Cart