Paper 2 Nzeh and Eboh 2020 Microeconomic Analysis of Losses from Deforestation in Enugu State, Nigeria

For instance the economic benefits of timber supply to The growth of urbanization and the development local and foreign markets have greatly induced the of infrastructures such as the establishment of over exploitation of the natural forests. [...] 8 EPV = Monetary value of the forfeited benefits due to loss of environmental protection use of TEV={ ∑(CMG+IMG+TM+FR+AN) + ∑(SV+EV) + ∑(EPV+CV+Spv) + ∑(r) } forest ………………………………………………………………… 9 CV = Monetary value of the forfeited benefits due Where: to loss of cultural use of forest TEV = Total Economic values of deforestation Spv = Monetary value of the forfeited benefits due (annual in. [...] This is in line with the finding of Adger (1993), which stated that most of the NCUV = Monetary value of the forfeited benefits competition for space between human and other due to loss of non-consumptive use of forest species is demonstrated by the conversion of land (including forestry areas) to agriculture, CMG = Monetary value of the forfeited benefits infrastructure, urban development, surfac. [...] Furthermore, from the same table Critical analysis of the figure 2 indicated that 15% 1 below, causes of deforestation perceived by the of the respondents reported that timber haversters respondents in the study area as moderate include were among the first third major causes of among others animal husbandry (91), population deforestation in the study area. [...] The implication of Figure 4 contains the distribution of respondents higher percentage of the respondents engaged in according to ways in which households engaged in marketing their forest products in the study area is deforestation in the study area.