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Optimal location of new forests in a suburban region

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Author Info

  • Ellen Moons
  • Bert Saveyn
  • Stef Proost
  • Martin Hermy

Abstract

This 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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File URL: http://www.econ.kuleuven.be/eng/ew/discussionpapers/Dps06/Dps0612.pdf
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Bibliographic Info

Paper provided by Katholieke Universiteit Leuven, Centrum voor Economische Studiën in its series Center for Economic Studies - Discussion papers with number ces0612.

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Date of creation: Mar 2006
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Handle: RePEc:ete:ceswps:ces0612

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Related research

Keywords: Benefit transfer; travel cost analysis; cost-benefit analysis; forest recreation; Geographical Information Systems (GIS);

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References

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  1. Riccardo Scarpa & Susan M. Chilton & W. George Hutchinson & Joseph Buongiorno, 1999. "Valuing the Recreational Benefits From the Creation of Nature Reserves in Irish Forests," Working Papers 1999.11, Fondazione Eni Enrico Mattei.
  2. Bostedt, Göran & Mattsson, Leif, 2006. "A note on benefits and costs of adjusting forestry to meet recreational demands," Journal of Forest Economics, Elsevier, vol. 12(1), pages 75-81, March.
  3. Bateman,Ian J. & Lovett,Andrew A. & Brainard,Julii S., 2005. "Applied Environmental Economics," Cambridge Books, Cambridge University Press, number 9780521671583.
  4. Bart Muys Stef Proost & Gaby Deckmyn & Ellen Moons & Juan Garcia Quijano & Stef Proost & Reinhart Ceulemans, 2003. "An integrated decision support tool for the prediction and evaluation of efficiency, environmental impact and total social cost of forestry projects in the framework of the Kyoto Protocol," Energy, Transport and Environment Working Papers Series ete0306, Katholieke Universiteit Leuven, Centrum voor Economische Studiën, Energy, Transport and Environment.
  5. Robert N. Stavins, 1999. "The Costs of Carbon Sequestration: A Revealed-Preference Approach," American Economic Review, American Economic Association, vol. 89(4), pages 994-1009, September.
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Cited by:
  1. A. Caparrós & E. Cerdá & P. Ovando & P. Campos, 2007. "Carbon Sequestration with Reforestations and Biodiversity-Scenic Values," Working Papers 2007.28, Fondazione Eni Enrico Mattei.

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