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Valuation of forest resources on watershed areas: selected applications in Makiling Forest Reserve /

By: Francisco, Herminia A.
Contributor(s): Espiritu, Nena Q.
Series: Vol. 26 No. 1 First Sem 1999.Description: p.3.Subject(s): Bacuit Bay (El Nido), Palawan | Contingent Valuation Methodology (CVM) | Forest resources | Hedonic Pricing Approach | Lake Danao National Park, Ormoc City | Makiling Forest Reserve | Natural ecosystem | Upland-Lowland linkages | Watershed areasOnline resources: Click here to access online In: Journal of Philippine DevelopmentSummary: The valuation of resources found in the watershed area is important in assessing the impacts of changes in the watershed. While the change will have positive impacts which are short-term in nature, there are long-term environmental damages associated with economic benefits. This paper gives a rational judgment on the soundness of such changes through cost and benefit analysis. The watershed approach is utilized to capture the effects that are relevant in the analysis.
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The valuation of resources found in the watershed area is important in assessing the impacts of changes in the watershed. While the change will have positive impacts which are short-term in nature, there are long-term environmental damages associated with economic benefits. This paper gives a rational judgment on the soundness of such changes through cost and benefit analysis. The watershed approach is utilized to capture the effects that are relevant in the analysis.

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