PT  - JOURNAL ARTICLE
AU  - Ovando, Paola
AU  - Caparrós, Alejandro
AU  - Diaz-Balteiro, Luis
AU  - Pasalodos, María
AU  - Beguería, Santiago
AU  - Oviedo, Jose L.
AU  - Montero, Gregorio
AU  - Campos, Pablo
TI  - Spatial Valuation of Forests’ Environmental Assets: An Application to Andalusian Silvopastoral Farms
AID  - 10.3368/le.93.1.87
DP  - 2017 Feb 01
TA  - Land Economics
PG  - 87--108
VI  - 93
IP  - 1
4099  - http://le.uwpress.org/content/93/1/87.short
4100  - http://le.uwpress.org/content/93/1/87.full
SO  - Land Econ2017 Feb 01; 93
AB  - 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)