Land Use Change and Ecosystem Valuation in North Georgia
AbstractThis study seeks to forecast land use change in a North Georgia ecosystem, and estimate the economic value of the ecosystem using benefit transfer techniques. We forecast land use change based on a structural time series model and a simple growth rate model. The study suggests a lower bound willingness to pay value of about USD 16,000 per year to ensure compliance with fishing and drinking water quality standards with regard to fecal coliform bacteria and dissolved oxygen. Conservation efforts are likely to cost less than the cost of defensive behavior or ecosystem restoration.
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Bibliographic InfoPaper provided by Southern Agricultural Economics Association in its series 2009 Annual Meeting, January 31-February 3, 2009, Atlanta, Georgia with number 46853.
Date of creation: Jan 2009
Date of revision:
Ecosystem; Economic value; North Georgia; land use; water quality; structural time series; benefit transfer; forecasting.; Environmental Economics and Policy; Land Economics/Use; Q51; Q53; Q57;
Other versions of this item:
- Ngugi, Daniel & Mullen, Jeffrey D. & Bergstrom, John C., 2008. "Land Use Change and Ecosystem Valuation in North Georgia," 2008 Annual Meeting, July 27-29, 2008, Orlando, Florida 6119, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
- Q51 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Valuation of Environmental Effects
- Q53 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Air Pollution; Water Pollution; Noise; Hazardous Waste; Solid Waste; Recycling
- Q57 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Ecological Economics
This paper has been announced in the following NEP Reports:
- NEP-ALL-2009-02-07 (All new papers)
- NEP-ENV-2009-02-07 (Environmental Economics)
- NEP-FOR-2009-02-07 (Forecasting)
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
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