Optimal location of new forests in a suburban region
AbstractThis paper looks at the optimal location of new forests in a suburban region under area constraints. The GIS-based methodology takes into account use benefits such as timber, hunting, carbon sequestration and recreation, non-use benefits (both bequest and existence values), opportunity costs of converting agricultural land, as well as planting and management costs of the new forest. The recreation benefits of new forest sites are estimated using function transfer techniques. We show that the net social benefit of the total afforestation project may vary up to a factor 6, depending on the forest sites that are selected. We show that the recreation value of a forest site varies considerably with the available substitutes.
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Bibliographic InfoArticle provided by Elsevier in its journal Journal of Forest Economics.
Volume (Year): 14 (2008)
Issue (Month): 1 (January)
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Web page: http://www.elsevier.com/wps/find/journaldescription.cws_home/701775/description#description
Other versions of this item:
- Moons, Ellen & Saveyn, Bert & Proost, Stef & Hermy, Martin, 2006. "Optimal location of new forests in a suburban region," Open Access publications from Katholieke Universiteit Leuven urn:hdl:123456789/119271, Katholieke Universiteit Leuven.
- Ellen Moons & Bert Saveyn & Stef Proost & Martin Hermy, 2006. "Optimal location of new forests in a suburban region," Center for Economic Studies - Discussion papers ces0612, Katholieke Universiteit Leuven, Centrum voor Economische Studiën.
- Q23 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Forestry
- Q24 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Land
- Q26 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Recreational Aspects of Natural Resources
- R14 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Land Use Patterns
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