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dc.contributor.authorOjea, Elenaen_UK
dc.contributor.authorRuiz-Benito, Palomaen_UK
dc.contributor.authorMarkandya, Anilen_UK
dc.contributor.authorZavala, Miguel Aen_UK
dc.description.abstractThe science of ecosystem services has evolved significantly in the last decade following an increase in interest in the understanding and valuation of these services. Forests provide important ecosystem services that supply societal needs, such as timber, but this provision is not free of conflicts derived from the intensive management of forests. A GIS based approach using data from national forest inventories allows us to identify the provision of timber services and to conduct its valuation. The analysis includes a sample of 37,761 plots for 38 commercial tree species in the Spanish Mediterranean region, where we identify sustainable and non-sustainable forests in terms of harvesting intensities and value both the flow of benefits and their net present value. From the analysis we conclude that non-sustainable forests are providing higher economic returns than sustainable forests for most abundant tree species. However, when analysing long term trends, results show that sustainable forests yield higher economic benefits. This latter perspective is preferred when looking at the value of timber as a provisioning service of forests. According to our results, if we wish to encourage sustainability we need to (a) get lower discount rates adopted for the private sector and (b) ensure longer time horizons.en_UK
dc.relationOjea E, Ruiz-Benito P, Markandya A & Zavala MA (2012) Wood provisioning in Mediterranean forests: A bottom-up spatial valuation approach. Forest Policy and Economics, 20, pp. 78-88.
dc.rightsThe publisher does not allow this work to be made publicly available in this Repository. Please use the Request a Copy feature at the foot of the Repository record to request a copy directly from the author. You can only request a copy if you wish to use this work for your own research or private study.en_UK
dc.subjectMediterranean foresten_UK
dc.subjectTimber provisioningen_UK
dc.subjectEconomic valuationen_UK
dc.subjectSustainable harvesten_UK
dc.subjectNon-sustainable harvesten_UK
dc.titleWood provisioning in Mediterranean forests: A bottom-up spatial valuation approachen_UK
dc.typeJournal Articleen_UK
dc.rights.embargoreason[2012_Ojeaetal_ForPol.pdf] The publisher does not allow this work to be made publicly available in this Repository therefore there is an embargo on the full text of the work.en_UK
dc.citation.jtitleForest Policy and Economicsen_UK
dc.type.statusVoR - Version of Recorden_UK
dc.contributor.affiliationBasque Centre for Climate Change (BC3)en_UK
dc.contributor.affiliationBiological and Environmental Sciencesen_UK
dc.contributor.affiliationBasque Centre for Climate Change (BC3)en_UK
dc.contributor.affiliationUniversity of Alcalaen_UK
rioxxterms.typeJournal Article/Reviewen_UK
local.rioxx.authorOjea, Elena|en_UK
local.rioxx.authorRuiz-Benito, Paloma|0000-0002-2781-5870en_UK
local.rioxx.authorMarkandya, Anil|en_UK
local.rioxx.authorZavala, Miguel A|en_UK
local.rioxx.projectInternal Project|University of Stirling|
Appears in Collections:Biological and Environmental Sciences Journal Articles

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