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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

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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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Publisher 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);

Find related papers by JEL classification:
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, and Regional Economics - - General Regional Economics - - - Land Use Patterns

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This page was last updated on 2009-12-3.

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