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Pricing ecological services: Willingness to pay for drought mitigation from watershed protection in eastern Indonesia

dc.contributor.author Kramer, Randall A
dc.contributor.author Pattanayak, Subhrendu K
dc.date.accessioned 2013-04-23T18:17:36Z
dc.date.issued 2001-06-23
dc.identifier.issn 0043-1397
dc.identifier.uri http://hdl.handle.net/10161/6746
dc.description.abstract In this study we estimate local economic values of ecological services provided by protected forest watersheds in Ruteng Park in eastern Indonesia. Our use of contingent valuation (CV) methodology for pricing drought mitigation benefits to local farmers extends previous work by deriving measures of willingness to pay in terms of incremental agricultural profits. On the basis of the theoretical and content validity of estimated models we find that CV can be used to value complex ecological services in a rural developing country setting. The estimated parameters provide policy and management information regarding the economic magnitude and spatial distribution of the value of drought mitigation.
dc.relation.ispartof Water Resources Research
dc.relation.isversionof 10.1029/2000WR900320
dc.title Pricing ecological services: Willingness to pay for drought mitigation from watershed protection in eastern Indonesia
dc.type Journal article
pubs.begin-page 771
pubs.end-page 778
pubs.issue 3
pubs.organisational-group Duke
pubs.organisational-group Duke Population Research Center
pubs.organisational-group Duke Population Research Institute
pubs.organisational-group Duke Science & Society
pubs.organisational-group Economics
pubs.organisational-group Environmental Sciences and Policy
pubs.organisational-group Global Health Institute
pubs.organisational-group Initiatives
pubs.organisational-group Institutes and Provost's Academic Units
pubs.organisational-group Nicholas School of the Environment
pubs.organisational-group Sanford School of Public Policy
pubs.organisational-group Trinity College of Arts & Sciences
pubs.organisational-group University Institutes and Centers
pubs.publication-status Published
pubs.volume 37


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