TY - JOUR T1 - Spatial Valuation of Forests’ Environmental Assets: An Application to Andalusian Silvopastoral Farms JF - Land Economics JO - Land Econ SP - 87 LP - 108 DO - 10.3368/le.93.1.87 VL - 93 IS - 1 AU - Paola Ovando AU - Alejandro Caparrós AU - Luis Diaz-Balteiro AU - María Pasalodos AU - Santiago Beguería AU - Jose L. Oviedo AU - Gregorio Montero AU - Pablo Campos Y1 - 2017/02/01 UR - http://le.uwpress.org/content/93/1/87.abstract N2 - We develop a model that estimates spatially allocated environmental asset values for the simultaneous provision of seven ecosystem services. We examine the effect of heterogeneous spatial and economic factors on asset figures, and identify potential forestry abandonment problems when continuing with forestry activity becomes unprofitable for the landowner. Our results show a relevant spatial variability according to forest species distribution and structure. We examine potential trade-offs among silvopastoral provisioning services, water, and carbon sequestration services. Results forecast the abandonment of forestry activity and quantify the significant impact of discount rates and prices on asset values. (JEL Q23, Q51) ER -