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Forest Research: Open Access

Forest Research: Open Access
Open Access

ISSN: 2168-9776

+44 1300 500008

Abstract

Assessment of Forest Valuation to GDP Contribution in Sierra Leone

Jackson EA

This paper provided a critique of GDP data computed for forest division in Sierra Leone between the periods 2013-14 (a sub-set of the aggregate computation from all accountable divisions within the agricultural sector). The analysis has raised concerns about the validity of data used, and particularly method(s) on which the valuation was computed. Efforts were made in discussing valuation methods with their merits and limitations, and their applicability in the context of forestry division in the country. The conclusion highlighted a justified explanation for the ‘stated preferences’ technique, and with recommendations for addressing issues in a bid to improving forest valuation techniques in generating higher GDP revenue for the division, and the national accounting as a whole.

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