2017
DOI: 10.7201/earn.2017.01.04
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Valuating intangible benefits from afforested areas: A case study in India

Abstract: Environmental compensation measures usually accompany energy projects. WillingnessTo-Pay (WTP) for five intangible benefits derived from afforested areas of a compensatory afforestation programme of National Thermal Power Corporation Dadri are estimated. Conventional Contingent Valuation shows the average WTP € 2.1 per respondent per month with more than 43 % of total WTP for 'soil conservation and remediation' and 'improvement in underground water level'. Logit model method depicts the same order of magnitude… Show more

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Cited by 7 publications
(5 citation statements)
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“…This finding agrees with [15] that education is a significant variable in influencing peoples WTP for conservation of natural resources. Also, [36] agrees that education significantly influence WTP for forest resources in India. [34] agrees that the class of students has a significant role in determining the student's level of environmental awareness.…”
Section: Discussionmentioning
confidence: 82%
“…This finding agrees with [15] that education is a significant variable in influencing peoples WTP for conservation of natural resources. Also, [36] agrees that education significantly influence WTP for forest resources in India. [34] agrees that the class of students has a significant role in determining the student's level of environmental awareness.…”
Section: Discussionmentioning
confidence: 82%
“…Forests also guarded the natural flow of the water by keeping the balance of the rain. For the land itself, forests can boost soil fertility; at the same time, it prevents land sliding and soil erosion (Abad-ur-Rahman & Ayaz, 2015;Jain et al, 2017).…”
Section: Nazir (Waqf Manager) Of a Productive Waqf Forestmentioning
confidence: 99%
“…where, π i ¼ Pr ðYesÞ ¼ ð1 þ expð−Δf ÞÞ −1 and the Z variables are the socioeconomic predictors (main variables and/or their interactions) taken for the study. The predictors taken for this study are the same as taken in the study of Jain et al (2017) (Table 1).…”
Section: Logit Model Applicationmentioning
confidence: 99%
“…Madureira et al (2011) and Majumdar et al (2011) assessed forest management strategies in urban forests. Jain et al (2017) assessed some intangible benefits arising from NTPC, Dadri through the use of logit model. Other useful, but rarely used methods, for financial and economic analysis of forestry sector are travel cost, tourism expenditure, conjoint analysis, etc.…”
Section: Introductionmentioning
confidence: 99%