Published 2024-09-18
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Abstract
This study recognizes and identifies the existence of a bequest motive (BM) closely related to forest conservation in forest communities with forest logging. This was based on a contingent valuation standard survey of households living in two contrasting forest communities. Results show that between 71% and 83% of heads of households declared their willingness to endure an altruistic sacrifice so that their children can enjoy the forest resources available in the communities. Variables such as age, gender, income, education, and forest type are closely related to BM. The variations of these determinants depend on the payment vehicle. The main difference between communities is that the greater the benefits they receive from the forest resources they own the greater the bequest value they possess. The findings are important because they identify that even poor households are willing to make an altruistic sacrifice for the enjoyment of the forest for future generations.
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