A comparative study of transaction costs of payments for forest ecosystem services in Vietnam

D.T.H. Phan, R. Brouwer, H.P. Long, M.D. Davidson

Research output: Contribution to JournalArticleAcademicpeer-review

Abstract

Two payments for forest ecosystemservices (PFES) schemes under one common legal-institutional coordination
mechanism but different historical-institutional background and organizational design are analyzed to measure and explain their transaction costs (TC). Data on TC related to payment transfers and conditionality compliance are collected using a combination of in-depth interviewswith local PFES schemecoordinators, site visits, and secondary data analysis. The two PFES schemes showsubstantial differences in TC despite the fact that they emerged from the same legal-institutional framework due to differences in participation rates, types of forest ecosystem services providers, and payment characteristics.
Original languageEnglish
Pages (from-to)141-149
Number of pages9
JournalForest Policy and Economics
Volume80
DOIs
Publication statusPublished - 2017

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