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Forests and economic welfare

Shashi Kant (Faculty of Forestry, University of Toronto)
J.C. Nautiyal (Faculty of Forestry, University of Toronto)
R.A. Berry (Department of Economics, University of Toronto)

Journal of Economic Studies

ISSN: 0144-3585

Article publication date: 1 May 1996

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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.

Keywords

Citation

Kant, S., Nautiyal, J.C. and Berry, R.A. (1996), "Forests and economic welfare", Journal of Economic Studies, Vol. 23 No. 2, pp. 31-43. https://doi.org/10.1108/01443589610109658

Publisher

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MCB UP Ltd

Copyright © 1996, MCB UP Limited