Ebook: Valuing Agroforestry Systems: Methods and Applications

The primary objective of this book is to offer practical means for strengthening the economics and policy dimension of the agroforestry discipline. This book, written by the leading experts in economics and agroforestry, encompasses case studies from Australia, China, Kenya, India, Indonesia, Malawi, Mexico, Micronesia, Tanzania, United Kingdom, United States, Zambia, and Zimbabwe. The applied economic methodologies encompass a wide variety of case studies including enterprise/farm budget models through Faustmann models, Policy Analysis Matrix, production function approach, risk assessment models, dynamic programming, linear programming, meta-modeling, contingent valuation, attribute-based choice experiments, econometric modeling, and institutional economic analysis. It is our belief that these methodologies help agroforestry students and professionals conduct rigorous assessment of economic and policy aspects of agroforestry systems and to produce less biased and more credible information. Furthermore, the economic and policy issues explored in the book – profitability, environmental benefits, risk reduction, household constraints, rural development, and institutional arrangements – are central to further agroforestry adoption in both tropical and temperate regions. All of the chapters in this volume were subject to rigorous peer review by at least one other contributing author and one external reviewer. We would like to acknowledge the indispensable collaboration of those who provided careful external reviews: Ken Andrasko, Chris Andrew, Peter Boxall, Norman Breuer, Bill Hyde, Tom Holmes, Sherry Larkin, Jagannadharao Matta, Venkatrao Nagubadi, Roz Naylor, Thomas Randolph, Gerald Shively, Changyou Sun, Bo Jellesmark Thorsen, and Yaoqi Zhang. All reviews were coordinated by the book editors.

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There is a growing interest and need for enhancing economic and policy research in agroforestry. So far, no single reference book provides adequate coverage of applied economic and policy analysis methodologies for agroforestry professionals. This book, written by the leading experts in economics and agroforestry, addresses this need with 14 case studies (covering all the continents of the world) that describe and demonstrate the application of a wide range of cutting edge economic analysis techniques to agroforestry system, policies and projects. The applied economic methodologies include enterprise/farm budget models, Faustmann models, Policy Analysis Matrix, production function approach, risk assessment models, dynamic programming, linear programming, meta-modeling, contingent valuation, attribute-based choice experiments, econometric modeling, and institutional economic analysis.

This book provides a unique and valuable resource for assisting upper division undergraduate and graduate students and rural development professionals to conduct rigorous assessment of economic and policy aspects of agroforestry systems and to produce less biased and more credible information.

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There is a growing interest and need for enhancing economic and policy research in agroforestry. So far, no single reference book provides adequate coverage of applied economic and policy analysis methodologies for agroforestry professionals. This book, written by the leading experts in economics and agroforestry, addresses this need with 14 case studies (covering all the continents of the world) that describe and demonstrate the application of a wide range of cutting edge economic analysis techniques to agroforestry system, policies and projects. The applied economic methodologies include enterprise/farm budget models, Faustmann models, Policy Analysis Matrix, production function approach, risk assessment models, dynamic programming, linear programming, meta-modeling, contingent valuation, attribute-based choice experiments, econometric modeling, and institutional economic analysis.

This book provides a unique and valuable resource for assisting upper division undergraduate and graduate students and rural development professionals to conduct rigorous assessment of economic and policy aspects of agroforestry systems and to produce less biased and more credible information.

Content:
Front Matter....Pages i-ix
Financial Analysis of Agroforestry Practices....Pages 9-37
Economic Analyses of a Sustainable Agroforestry System in the Southeastern United States....Pages 39-57
Determining Agroforestry Profitability Using the Policy Analysis Matrix....Pages 59-78
Exploring the Economics of Agroforestry Systems Using a Production Function Approach....Pages 79-93
Analyzing Risk in Agroforestry Systems Using a Portfolio Approach....Pages 95-122
Economics of Agroforestry Carbon Sequestration....Pages 123-138
Dynamic Optimization for Evaluating Externalities in Agroforestry Systems....Pages 139-163
Environmental Services from Agroforestry....Pages 165-182
Estimating Ranchers’ Cost of Agroforestry Adoption....Pages 183-199
Assessment of Constraints to the Adoption of Improved Fallows in Zimbabwe Using Linear Programming Models....Pages 201-218
Metamodeling Agroforestry Adoption....Pages 219-236
Analyzing Ex-Ante Agroforestry Adoption Decisions with Attribute-Based Choice Experiments....Pages 237-256
Valuing the Impacts of Agroforestry in Northern China....Pages 257-277
A Framework for Institutional Analysis of Agroforestry Systems....Pages 279-302
Summary and Future Directions....Pages 303-310
Agroforestry Systems and Valuation Methodologies....Pages 1-8
Back Matter....Pages 311-314

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There is a growing interest and need for enhancing economic and policy research in agroforestry. So far, no single reference book provides adequate coverage of applied economic and policy analysis methodologies for agroforestry professionals. This book, written by the leading experts in economics and agroforestry, addresses this need with 14 case studies (covering all the continents of the world) that describe and demonstrate the application of a wide range of cutting edge economic analysis techniques to agroforestry system, policies and projects. The applied economic methodologies include enterprise/farm budget models, Faustmann models, Policy Analysis Matrix, production function approach, risk assessment models, dynamic programming, linear programming, meta-modeling, contingent valuation, attribute-based choice experiments, econometric modeling, and institutional economic analysis.

This book provides a unique and valuable resource for assisting upper division undergraduate and graduate students and rural development professionals to conduct rigorous assessment of economic and policy aspects of agroforestry systems and to produce less biased and more credible information.

Content:
Front Matter....Pages i-ix
Financial Analysis of Agroforestry Practices....Pages 9-37
Economic Analyses of a Sustainable Agroforestry System in the Southeastern United States....Pages 39-57
Determining Agroforestry Profitability Using the Policy Analysis Matrix....Pages 59-78
Exploring the Economics of Agroforestry Systems Using a Production Function Approach....Pages 79-93
Analyzing Risk in Agroforestry Systems Using a Portfolio Approach....Pages 95-122
Economics of Agroforestry Carbon Sequestration....Pages 123-138
Dynamic Optimization for Evaluating Externalities in Agroforestry Systems....Pages 139-163
Environmental Services from Agroforestry....Pages 165-182
Estimating Ranchers’ Cost of Agroforestry Adoption....Pages 183-199
Assessment of Constraints to the Adoption of Improved Fallows in Zimbabwe Using Linear Programming Models....Pages 201-218
Metamodeling Agroforestry Adoption....Pages 219-236
Analyzing Ex-Ante Agroforestry Adoption Decisions with Attribute-Based Choice Experiments....Pages 237-256
Valuing the Impacts of Agroforestry in Northern China....Pages 257-277
A Framework for Institutional Analysis of Agroforestry Systems....Pages 279-302
Summary and Future Directions....Pages 303-310
Agroforestry Systems and Valuation Methodologies....Pages 1-8
Back Matter....Pages 311-314
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