000031771 001__ 31771
000031771 037__ $$a245
000031771 041__ $$aEnglish
000031771 100__ $$aRai, R. K
000031771 245__ $$aValuing The Damage Caused By Invasive Plant Species In A Low-Income Community In Nepal
000031771 245__ $$b
000031771 260__ $$c2012
000031771 260__ $$bThe South Asian Network for Development and Environmental Economics (SANDEE)
000031771 260__ $$aKathmandu, Nepal
000031771 490__ $$aSANDEE Working Paper
000031771 490__ $$b74-12
000031771 520__ $$aThis paper presents a choice experiment designed to estimate the willingness-to-pay (WTP) of rural farmers to mitigate damages caused by invasive plant species, particularly Mikania micrantha, in the buffer zone of the Chitwan National Park in Nepal. In subsistence economies, where households face cash constraints, labor contributions can be used to estimate WTP for environmental services. However, since the opportunity cost of time varies across individuals, aggregating individual willingness to contribute time to obtain social welfare is not straightforward. In this study, the social opportunity cost of time spent in invasive species management is estimated by using two cost attributes, labor contribution and membership fees. The results suggest that the estimated shadow value of time is 47% of the daily wage rate. The results also reveal that rural farmers are willing to pay NRs. 2,382 (USD 31) per year for Mikania management activities. Households are willing to make cash and labor contributions because they expect that invasive species management will reduce forest product collection time and increase tourism.
000031771 653__ $$aMikania micrantha
000031771 653__ $$a Choice experiments
000031771 653__ $$a Labor contribution
000031771 653__ $$a Subsistence community
000031771 653__ $$a Shadow value of time
000031771 653__ $$a Buffer
000031771 8564_ $$uhttp://www.sandeeonline.org/uploads/documents/publication/995_PUB_Working_Paper_74_Rajesh_Kr._Rai.pdf$$yExternal link
000031771 980__ $$aPAPER