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 InfoPaper provided by Katholieke Universiteit Leuven, Centrum voor Economische Studiën in its series Center for Economic Studies - Discussion papers with number ces0612.
Date of creation: Mar 2006
Date of revision:
Benefit transfer; travel cost analysis; cost-benefit analysis; forest recreation; Geographical Information Systems (GIS);
Other versions of this item:
- Moons, Ellen & Saveyn, Bert & Proost, Stef & Hermy, Martin, 2008. "Optimal location of new forests in a suburban region," Journal of Forest Economics, Elsevier, vol. 14(1), pages 5-27, January.
- 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
This paper has been announced in the following NEP Reports:
- NEP-AGR-2008-04-12 (Agricultural Economics)
- NEP-ALL-2008-04-12 (All new papers)
- NEP-ENV-2008-04-12 (Environmental Economics)
- NEP-GEO-2008-04-12 (Economic Geography)
- NEP-TUR-2008-04-12 (Tourism Economics)
- NEP-URE-2008-04-12 (Urban & Real Estate Economics)
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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Environmental & Resource Economics,
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