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Forests and economic welfare

Forests and economic welfare A single dimensional measure of economic welfare in terms of per capita income has neglected the contribution of the non‐timber benefits of forests; hence forests have not received their due weight in literature on the development process. Advocates a multi‐dimensional measure of economic welfare. Presents, at the global level, an overview of the contribution of non‐timber forest products and at the micro level a case study from India. Highlights a more complete evaluation of the contribution of forests, and focuses on the economic contribution of forest resources to household income, income distribution, and spread of income over the year. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Journal of Economic Studies Emerald Publishing

Forests and economic welfare

Journal of Economic Studies , Volume 23 (2): 13 – May 1, 1996

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Publisher
Emerald Publishing
Copyright
Copyright © 1996 MCB UP Ltd. All rights reserved.
ISSN
0144-3585
DOI
10.1108/01443589610109658
Publisher site
See Article on Publisher Site

Abstract

A single dimensional measure of economic welfare in terms of per capita income has neglected the contribution of the non‐timber benefits of forests; hence forests have not received their due weight in literature on the development process. Advocates a multi‐dimensional measure of economic welfare. Presents, at the global level, an overview of the contribution of non‐timber forest products and at the micro level a case study from India. Highlights a more complete evaluation of the contribution of forests, and focuses on the economic contribution of forest resources to household income, income distribution, and spread of income over the year.

Journal

Journal of Economic StudiesEmerald Publishing

Published: May 1, 1996

Keywords: Developing countries; Distribution; Forest products; Income; India; Rural economy

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