Start Submission Become a Reviewer

Reading: Time Preference and Natural Resource Use by Local Communities: The Case of Sinharaja Forest ...

Download

A- A+
dyslexia friendly

Articles

Time Preference and Natural Resource Use by Local Communities: The Case of Sinharaja Forest in Sri Lanka

Authors:

HM Gunatilake ,

Economic Analysis and Operations Support Division, Economics and Research Department, Asian Development Bank
X close

WAR Wickramasinghe,

Amsterdam Institute for Metropolitan and International Development Studies, University of Amsterdam,, NL
X close

P Abeygunawardena

International Program, Texas A&M University,, US
X close

Abstract

This paper investigates the impact of individual rate of time preference (IRTP) on forest resources harvesting from the Sinharaja forest in Sri Lanka. The impact of IRTP on the harvest rate of forest resources was tested using a simultaneous equation model. Analyses show that low income results in a higher IRTP, indicating that poverty is an important determinant of the IRTP. Further, the results show that individuals with a higher rate of time preference harvest more forest resources. Overall, the results suggest that long-term strategies for management of nature reserves would require poverty alleviation in the peripheral communities, among other measures.

Sri Lankan Journal of Agricultural Economics Vol.10/11 (2008/2009) 31-60

DOI: http://dx.doi.org/10.4038/sjae.v10i0.4590

How to Cite: Gunatilake, H., Wickramasinghe, W. & Abeygunawardena, P., (2012). Time Preference and Natural Resource Use by Local Communities: The Case of Sinharaja Forest in Sri Lanka. Sri Lankan Journal of Agricultural Economics. 10, pp.31–60. DOI: http://doi.org/10.4038/sjae.v10i0.4590
Published on 28 Aug 2012.
Peer Reviewed

Downloads

  • PDF (EN)

    comments powered by Disqus