Journal of Forest Economics > Vol 13 > Issue 43526

Spatial-temporal aspects of cost-benefit analysis for park management: An example from Khao Yai National Park, Thailand

Heidi J. Albers, , Jo.albers@oregonstate.edu Elizabeth J.Z. Robinson, ,
 
Suggested Citation
Heidi J. Albers and Elizabeth J.Z. Robinson (2007), "Spatial-temporal aspects of cost-benefit analysis for park management: An example from Khao Yai National Park, Thailand", Journal of Forest Economics: Vol. 13: No. 43526, pp 129-150. http://dx.doi.org/10.1016/j.jfe.2007.02.002

Published: 06 Aug 2007
© 0 2007 Heidi J. Albers, Elizabeth J.Z. Robinson
 
Subjects
 
Keywords
JEL Codes:Q01Q23Q24Q20
Cost-benefit analysisSpatial-temporal modelingTropical forestParksThailandQuasi-option valueProtected areasNon-timber forest products
 

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In this article:
Introduction
Spatial, temporal, institutional, and social aspects of tropical forest park management
Example: Khao Yai National Park
How would different values and stakeholders change KYNP management?
Conclusion

Abstract

Using a model calibrated to Khao Yai National Park in Thailand, this paper highlights the importance of generating explicitly spatial and temporal data for developing management plans for tropical protected forests. Spatial and temporal cost-benefit analysis should account for the interactions between different land uses – such as the benefits of contiguous areas of preserved land and edge effects – and the realities of villagers living near forests who rely on extracted resources. By taking a temporal perspective, this paper provides a rare empirical assessment of the importance of quasi-option values when determining optimal management plans.

DOI:10.1016/j.jfe.2007.02.002