Optimal location of new forests in a suburban region
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.
|Date of creation:||Mar 2006|
|Contact details of provider:|| Web page: http://feb.kuleuven.be/Economics/|
References listed on IDEAS
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- 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.
- Ian Bateman & Andrew Lovett & Julii Brainard, 1999. "Developing a Methodology for Benefit Transfers Using Geographical Information Systems: Modelling Demand for Woodland Recreation," Regional Studies, Taylor & Francis Journals, vol. 33(3), pages 191-205.
- Drake, Lars, 1992. "The Non-market Value of the Swedish Agricultural Landscape," European Review of Agricultural Economics, Foundation for the European Review of Agricultural Economics, vol. 19(3), pages 351-364.
- Marianne Zandersen & Mette Termansen & Frank S. Jensen, 2005. "Benefit Transfer over Time of Ecosystem Values: the Case of Forest Recreation," Working Papers FNU-61, Research unit Sustainability and Global Change, Hamburg University, revised Mar 2005.
- 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.
- 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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