Costs and benefits of preserving farm animal genetic resources from extinction: CVM and Bio-economic model for valuing a conservation program for the Italian Pentro horse
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Title |
Costs and benefits of preserving farm animal genetic resources from extinction: CVM and Bio-economic model for valuing a conservation program for the Italian Pentro horse
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Creator |
Cicia, G.
D'Ercole, E. Marino, D. |
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Description |
This paper presents the results of a cost-benefit analysis of a conservation program for the Pentro horse. This horse breed has been reared for millennia in a Southern Italian wetland where it is now strongly tied to the traditions of the region, but presently faces extinction as only 150 horses have survived. Horse herds live in a wild state, characterising in a remarkable manner the landscape of the wetland. This results in a flow of social benefits that the market value of this breed fails to capture. The benefits from a conservation program for this currently unprotected local breed is estimated in a contingent valuation study, while a bio-economic model is used to estimate the costs associated with its in situ conservation. The results show that the benefit/cost ratio is, in the worst scenario, equal to 1.67, thus justifying a conservation policy. This combined approach could be useful to support policy-making for conservation in regions with a long history of breeding domestic animals.
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Date |
2003-07
2011-05-17T19:42:32Z 2011-05-17T19:42:32Z |
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Type |
Journal Article
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Identifier |
Cicia, G., D'Ercole, E. and Marino, D. 2003. Costs and benefits of preserving farm animal genetic resources from extinction: CVM and Bio-economic model for valuing a conservation program for the Italian Pentro horse. Ecological Economics 45(3):445-459.
0921-8009 https://hdl.handle.net/10568/3696 https://doi.org/10.1016/S0921-8009(03)00096-X |
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Language |
en
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Rights |
Copyrighted; all rights reserved
Limited Access |
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Publisher |
Elsevier
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Source |
Ecological Economics
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