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

Thu Ha Dang Phan*, Roy Brouwer, Marc David Davidson, Long Phi Hoang

*Corresponding author for this work

Research output: Contribution to journalArticleAcademicpeer-review

10 Citations (Scopus)

Abstract

Two payments for forest ecosystem services (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 interviews with local PFES scheme coordinators, site visits, and secondary data analysis. The two PFES schemes show substantial 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
JournalForest Policy and Economics
Volume80
DOIs
Publication statusPublished - 2017

Keywords

  • Conditionality
  • Institutional design
  • Payments for forest ecosystem services
  • Transaction costs
  • Vietnam

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