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Application of Quantitative Methods in Natural Resource Management in Africa: A Review
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Author(s): Elias T. Ayuk (United Nations University Institute for Natural Resources in Africa, Ghana), William M. Fonta (United Nations University Institute for Natural Resources in Africa, Ghana)and Euphrasie B. Kouame (United Nations University Institute for Natural Resources in Africa, Ghana)
Copyright: 2014
Pages: 30
Source title:
Econometric Methods for Analyzing Economic Development
Source Author(s)/Editor(s): Peter V. Schaeffer (West Virginia University, USA)and Eugene Kouassi (University of Cocody, Cote d'Ivoire)
DOI: 10.4018/978-1-4666-4329-1.ch013
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Abstract
Sub-Saharan Africa (SSA)’s natural resource base constitutes the sub-continent’s greatest asset. These Natural Resources (NRs), both renewable and non-renewable, are the backbone of the continent as they play very critical functions in the livelihood strategies of the people. There are a wide range of questions and issues concerning the proper management of these NRs. One of the issues relates to the economics of resource preservation, which includes questions associated with the quantifiable benefits of resource preservation, the environmental costs and benefits of Soil and Water Conservation (SWC) strategies, the economic impact of land use changes, and valuation of ecosystem goods and services. The other issue concerns the ecosystem and economic system interaction. Particular themes of interest are the co-management of natural resources, trans-boundary natural resource management, and the management of resources to reconcile revenue generation, social development, and environmental services of natural resources. This chapter reviews the literature on quantitative approaches that have been undertaken to enhance the understanding of selected Natural Resource Management (NRM) problems on the continent. The review suggests that a wide range of quantitative approaches have been applied in the context of the African resource economics literature, but this review also identifies some specific areas that have received little attention.
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