Show simple item record

dc.contributor.authorLiu, Leo
dc.contributor.authorHuang, H
dc.date.accessioned2022-03-31T23:30:21Z
dc.date.available2022-03-31T23:30:21Z
dc.date.issued2022-03-30
dc.identifier.issn1355-770X
dc.identifier.urihttps://www.repository.cam.ac.uk/handle/1810/335633
dc.description.abstract<jats:title>Abstract</jats:title> <jats:p>The water purification functions of forests represent one of the most frequently invoked examples of nonmarket ecosystem services that are economically valuable. This study quantifies the monetary value of forests' water purification services in the form of the ensuing cost savings of municipal drinking water treatment, using a rich panel dataset from China's Sichuan province. Moreover, this study has undertaken a novel spatial piecewise approach to investigate the spatial patterns of such cost savings delivered by forests at different distances from the water intake point. The estimation results find that forests within a 2 km radius upstream from the water intake point have the most sizeable and statistically significant cost saving effect. For forests within a 3 km radius, this effect becomes somewhat smaller but remains statistically significant. Beyond a 4 km radius, this effect becomes notably smaller and statistically equal to zero. Our analysis facilitates the optimal spatial targeting of forest conservation.</jats:p>
dc.description.sponsorshipSwedish International Development Cooperation Agency (SIDA)
dc.publisherCambridge University Press (CUP)
dc.rightsAttribution 4.0 International
dc.rights.urihttps://creativecommons.org/licenses/by/4.0/
dc.titleValuing water purification services of forests: A production function approach using panel data from China's Sichuan province
dc.typeArticle
dc.publisher.departmentDepartment of Land Economy
dc.date.updated2022-03-30T14:50:54Z
prism.endingPage20
prism.publicationNameEnvironment and Development Economics
prism.startingPage1
dc.identifier.doi10.17863/CAM.83064
dcterms.dateAccepted2021-11-13
rioxxterms.versionofrecord10.1017/S1355770X21000425
rioxxterms.versionVoR
dc.contributor.orcidLiu, Leo [0000-0003-0124-0113]
dc.identifier.eissn1469-4395
rioxxterms.typeJournal Article/Review
cam.issuedOnline2022-03-30
cam.depositDate2022-03-30
pubs.licence-identifierapollo-deposit-licence-2-1
pubs.licence-display-nameApollo Repository Deposit Licence Agreement


Files in this item

Thumbnail

This item appears in the following Collection(s)

Show simple item record

Attribution 4.0 International
Except where otherwise noted, this item's licence is described as Attribution 4.0 International