Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/22023 
Year of Publication: 
2007
Series/Report no.: 
Economics Working Paper No. 2007-07
Publisher: 
Kiel University, Department of Economics, Kiel
Abstract: 
This paper presents a cost-benefit analysis of three different use systems for the remaining cloud forests in Ethiopia which at present are being depleted at a rate of 8% per year. These use systems are traditional conversion to crop land, sustainable management of the forest (e.g. by growing high-quality semi-forest coffee), and strict protection. We find that conversion to cropland yields the highest net present income value for the local population, and at discount rates of 10% is even in the best interests of the country. For discount rates of at 5% or lower, sustainable forest use is in the best interests of the country. Taking into account the global benefits of biodiversity conservation and carbon storage, sustainable forest management yields the highest total economic value.
Subjects: 
cost-benefit analysis
biodiversity
coffee
Ethiopia
Document Type: 
Working Paper

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