Forest Policy and Economics, Vol. 12, No. 5, pp. 370-376, June 2010
26 Pages Posted: 12 Jul 2009 Last revised: 22 Jan 2012
Date Written: July 9, 2009
This paper applies contingent valuation to assess public awareness of tropical deforestation; to investigate the willingness to pay (WTP) to conserve tropical forests; and to determine the impact of the payment vehicle on the stated willingness to pay. About 3/4 of respondents state that they have already heard about tropical deforestation and biodiversity. People rank carbon storage as the most important contribution of tropical forests, followed by biodiversity and support to local communities. The mean stated WTP is about CHF 110.- per year. All other things being equal, the stated WTP is about 24% higher for a tax payment vehicle compared to a voluntary payment. Education and income have a positive impact on WTP. WTP is also higher when the respondent judge that the main contribution of tropical forest is towards biodiversity.
Keywords: Tropical forest, Contingent valuation, Willingness-to-pay
JEL Classification: Q23, Q51
Suggested Citation: Suggested Citation
Baranzini, Andrea and Faust, Anne-Kathrin and Huberman, David, Tropical Forest Conservation: Attitudes and Preferences (July 9, 2009). Forest Policy and Economics, Vol. 12, No. 5, pp. 370-376, June 2010. Available at SSRN: https://ssrn.com/abstract=1431951 or http://dx.doi.org/10.2139/ssrn.1431951