Incentives for biodiversity conservation beyond the best management practices: are forestland owners interested
Authors: | Jagannadha R. Matta, Janaki R. R. Alavalapati, D. 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 |
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)