Optimal location of new forests in a suburban area
Ellen Moons (),
Stef Proost and
Martin Hermy ()
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Martin Hermy: K.U.Leuven-Laboratory for Forest, Nature and Landscape Research
Energy, Transport and Environment Working Papers Series from KU Leuven, Department of Economics - Research Group Energy, Transport and Environment
This paper looks for the optimal location of new forests in a suburban area under area constraints. The GIS-based methodology takes into account timber, hunting, carbon sequestration, non-use and recreation benefits and 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 new forest combinations respecting the area constraints may differ up to a factor 21. The substitution effect between forests, both new and existing, turned out to be the dominant factor in the benefit estimation.
Keywords: Benefit transfer; travel cost analysis; cost-benefit analysis; forest recreation; Geographical Information Systems (GIS) (search for similar items in EconPapers)
JEL-codes: Q23 Q24 Q26 R14 (search for similar items in EconPapers)
Pages: 39 pages
New Economics Papers: this item is included in nep-agr, nep-env, nep-geo, nep-res and nep-ure
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Working Paper: Optimal location of new forests in a suburban area (2005)
Working Paper: Optimal Location of New Forests in a Suburban Area (2005)
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Persistent link: https://EconPapers.repec.org/RePEc:ete:etewps:ete0502
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