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Research Paper
Title: A contingent valuation study of the value of reducing fire hazards to old-growth forests in the Pacific Northwest
Author: Loomis, John B.; González-Cabán, Armando; Gregory, Robin
Date: 1996
Source: Res. Paper PSW-RP-229-Web. Albany, CA: Pacific Southwest Research Station, Forest Service, U.S. Department of Agriculture; 24 p
Station ID: RP-PSW-229
Description: A contingent valuation methodology was applied to old-growth forests and critical habitat units for the Northern Spotted Owl in Oregon to estimate the economic value to the public in knowing that rare and unique ecosystems will be protected from fire for current and future generations. Generalizing to the whole state, the total annual willingness-to-pay of Oregon residents ranges from $49.6 to $99 million. In terms of old-growth forests protected from fire, the value is $28 per acre.
Key Words: contingent valuation, fire economics, NOAA, nonmarket resources, oldgrowth valuation, willingness-to-pay
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Citation
Loomis, John B.; González-Cabán, Armando; Gregory, Robin 1996. A contingent valuation study of the value of reducing fire hazards to old-growth forests in the Pacific Northwest Res. Paper PSW-RP-229-Web. Albany, CA: Pacific Southwest Research Station, Forest Service, U.S. Department of Agriculture; 24 p.