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• W2133899330 abstract "This paper assesses the economic value of improving local watershed services for residents of a micro-watershed in the hillsides of Nicaragua. The valuation of environmental services at the local level has been relatively understudied in the literature on environmental services. According to residents, water availability has been declining over time in the zone as a result of watershed degradation. Since the primary use of water is for domestic consumption, the contingent valuation methodology (CVM) is used to estimate the value of improving water supplies in the micro-watershed. The results suggest that the economic value that local residents place on improving the quality of natural water sources is relatively modest, approximately US$10,000 per year. The costs and benefits of several possible land management interventions for improving the water situation are discussed. Intervention is difficult to justify solely on the value of expected improvements in water quality or availability, however, further analysis of mitigation options reveals that they may be justifiable from other perspectives as part of an integrated community resource management strategy. The conclusion is that a participatory, multi-sector approach is best for identifying complementarities that can simplify management of complex systems like watersheds." @default.
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• W2133899330 date "2004-05-01" @default.
• W2133899330 modified "2023-10-10" @default.
• W2133899330 title "The economics of community watershed management: some evidence from Nicaragua" @default.
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• W2133899330 doi "https://doi.org/10.1016/j.ecolecon.2003.11.009" @default.
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