RT Journal Article
SR Electronic
T1 Incentives for Biodiversity Conservation Beyond the Best Management Practices: Are Forestland Owners Interested?
JF Land Economics
JO Land Econ
FD University of Wisconsin Press
SP 132
OP 143
DO 10.3368/le.85.1.132
VO 85
IS 1
A1 Jagannadha R. Matta
A1 Janaki R. R. Alavalapati
A1 D. Evan Mercer
YR 2009
UL http://le.uwpress.org/content/85/1/132.abstract
AB 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 regulations for 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)