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.
- 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.
- 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.:
- Riccardo Scarpa & Susan M. Chilton & W. George Hutchinson & Joseph Buongiorno, 1999.
"Valuing the Recreational Benefits From the Creation of Nature Reserves in Irish Forests,"
1999.11, Fondazione Eni Enrico Mattei.
- Scarpa, Riccardo & Chilton, Susan M. & Hutchinson, W. George & Buongiorno, Joseph, 2000. "Valuing the recreational benefits from the creation of nature reserves in Irish forests," Ecological Economics, Elsevier, vol. 33(2), pages 237-250, May.
- 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.
- Bateman,Ian J. & Lovett,Andrew A. & Brainard,Julii S., 2005. "Applied Environmental Economics," Cambridge Books, Cambridge University Press, number 9780521671583.
- 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.
- 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.
- A. Caparrós & E. Cerdá & P. Ovando & P. Campos, 2007.
"Carbon Sequestration with Reforestations and Biodiversity-Scenic Values,"
2007.28, Fondazione Eni Enrico Mattei.
- Alejandro Caparrós & Emilio Cerdá & Paola Ovando & Pablo Campos, 2010. "Carbon Sequestration with Reforestations and Biodiversity-scenic Values," Environmental & Resource Economics, European Association of Environmental and Resource Economists, vol. 45(1), pages 49-72, January.
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