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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, 00:00 authored by Rajesh Rai, Helen ScarboroughHelen 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

Issue

2

Pagination

225 - 244

Publisher

Cambridge University Press

Location

Cambridge, England

ISSN

1469-4395

eISSN

1355-770X

Language

eng

Publication classification

C1 Refereed article in a scholarly journal; C Journal article