FEEM working papers "Note di lavoro" series
2014 .086

The Passive Use Value of the Mediterranean Forest


Authors: Vladimir Otrachshenko
Series: Climate Change and Sustainable Development 
Editor: Calo Carraro
Keywords: Forest, Mediterranean Region, Passive Use, Welfare Loss
JEL n.: Q23

Abstract

In this study we estimate the passive use value of forest in different ecological zones in the Mediterranean region. We estimate these values for forests using meta-analysis. These estimates are used to reveal the annual monetary values per hectare for each country. The total annual amount of passive use value of the Mediterranean forest is about one billion international dollars. The estimated passive use value of the forest from this study can be used to account for the social welfare loss caused by fire, insects, diseases, biotic agents, and abiotic factors.

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Suggested citation: Otrachshenko, V., (2014), 'The Passive Use Value of the Mediterranean Forest' , Nota di Lavoro 86.2014, Milan, Italy: Fondazione Eni Enrico Mattei

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