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Land Use Change, Benefit Transfer and Ecosystem Valuation in North Georgia

Author

Listed:
  • Ngugi, Daniel
  • Mullen, Jeffrey D.
  • Bergstrom, John C.

Abstract

This 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.

Suggested Citation

  • Ngugi, Daniel & Mullen, Jeffrey D. & Bergstrom, John C., 2009. "Land Use Change, Benefit Transfer and Ecosystem Valuation in North Georgia," 2009 Annual Meeting, January 31-February 3, 2009, Atlanta, Georgia 47110, Southern Agricultural Economics Association.
  • Handle: RePEc:ags:saeana:47110
    as

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    File URL: http://ageconsearch.umn.edu/record/47110/files/Ngugi_Mullen_Bergstrom_SAEA_2009b.pdf
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    References listed on IDEAS

    as
    1. Russell, Clifford S. & Vaughan, William J., 1982. "The national recreational fishing benefits of water pollution control," Journal of Environmental Economics and Management, Elsevier, vol. 9(4), pages 328-354, December.
    2. John C. Bergstrom & Paul Civita, 1999. "Status of Benefits Transfer in the United States and Canada: A Review," Canadian Journal of Agricultural Economics/Revue canadienne d'agroeconomie, Canadian Agricultural Economics Society/Societe canadienne d'agroeconomie, vol. 47(1), pages 79-87, March.
    3. Timothy J. Bartik, 2008. "Evaluating the Benefits of Non-marginal Reductions in Pollution Using Information on Defensive Expenditures," Book chapters authored by Upjohn Institute researchers,in: Joseph Herriges & Catherine L. Kling (ed.), Revealed Preference Approaches to Environmental Valuation, volume 0, pages 459-475 W.E. Upjohn Institute for Employment Research.
    Full references (including those not matched with items on IDEAS)

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    Keywords

    Environmental Economics and Policy; Land Economics/Use;

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