Incentives for biodiversity conservation beyond the best management practices: are forestland owners interested

Jagannadha R. Matta; Janaki R. R. Alavalapati; Evan Mercer

doi:10.3368/le.85.1.132

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Incentives for biodiversity conservation beyond the best management practices: are forestland owners interested

Informally Refereed

Authors:

Jagannadha R. Matta, Janaki R. R. Alavalapati, Evan Mercer

Year:

2009

Type:

Scientific Journal

Station:

Southern Research Station

DOI:

https://doi.org/10.3368/le.85.1.132

Source:

Land Economics 85(1):132-143

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Abstract

With the growing recognition of the role of environmental services rendered by private lands, landowner involvement has become a critical component of landscape-level strategies to conserve biodiversity. In this paper, we examine the willingness of private forest owners to participate in a conservation program that requires adopting management regimes beyond the existing requlations for the silvicultural best management practices. Results from a multinomial logit model indicate both program attributes and landowner characteristics significantly influencing participation. While the mean incentive payment necessary to induce participation is $95.54 per ha per year, this amount varied among respondents with different forest ownership objectives (JEL Q23. Q24)

Citation

Matta, Jagannadha R.; Alavalapati, Janaki R. R.; Mercer, D. Evan. 2009. Incentives for biodiversity conservation beyond the best management practices: are forestland owners interested. Land Economics 85(1):132-143.