Mangroves are ecologically important coastal wetland systems that are under severe threat globally. In Thailand, the main cause of mangrove conversion is shrimp farming, which is a major source of export income for the country. However, local communities benefit from many direct and indirect...

Mangroves are considered ecologically important due to their role as breeding grounds and nursery habitats for off-shore fisheries. However, mangrove deforestation through conversion to shrimp aquaculture threatens this valuable function. This paper develops a "dynamic" production function...