Forests and economic welfare

A single dimensional measure of economic welfare in terms of per capita income has neglected the contribution of the nontimber benefits of forests hence forests have not received their due weight in literature on the development process. Advocates a multidimensional measure of economic welfare. Pres...

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Bibliographic Details
Published in:Journal of Economic Studies 1996, Vol.23 (2), p.31-43
Main Authors: Kant, Shashi, Nautiyal, J.C., Berry, R.A.
Format: Report
Language:English
Subjects:
Developing countries
Distribution
Forest products
Income
India
Rural economy
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Summary:A single dimensional measure of economic welfare in terms of per capita income has neglected the contribution of the nontimber benefits of forests hence forests have not received their due weight in literature on the development process. Advocates a multidimensional measure of economic welfare. Presents, at the global level, an overview of the contribution of nontimber 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.
ISSN:0144-3585
1758-7387
DOI:10.1108/01443589610109658