Economic value of mitigation of plant invaders in a subsistence economy : incorporating labour as a mode of payment
journal contribution
posted on 2013-01-01, 00:00authored byRajesh Rai, Helen Scarborough
This paper presents the analysis of a choice experiment designed to estimate willingness-to-pay (WTP) to mitigate damages caused by invasive plant species in a rural community of Nepal. In order to address the cash constraints problem in a subsistence economy, two payment attributes, labour contribution and membership fee, were included in the choice sets. The results reveal that rural farmers have significant WTP for forest management activities, in terms of both cash and labour contributions. The results also suggest that rural farmers value their time in this context at a different rate from the current wage rate.
History
Journal
Environment and development economics
Volume
18
Pagination
225 - 244
Location
Cambridge, England
ISSN
1469-4395
eISSN
1355-770X
Language
eng
Publication classification
C1 Refereed article in a scholarly journal; C Journal article