Economics at your fingertips  

Valuing New Forest Sites over Time: the Case of Afforestation and Recreation in Denmark

Marianne Zandersen, Mette Termansen and Frank Jensen

No FNU-80, Working Papers from Research unit Sustainability and Global Change, Hamburg University

Abstract: We estimate changes in the total recreative value over a 20 year time period of a large newly established forest, using mixed specification of a random utility models and geographic information system. The models are estimated using data from two identical surveys in 1977 and 1997. We conduct three different spatial value transfers and test these on the new forest. Results suggest that the new forest increased the recreative value nearly 70 times over the 20 years, primarily due the maturing of the forest and changed patterns of behaviour. The value transfer to the new forest range between an underestimate of 57% and an overestimate of 349%, depending on the sampling of the choice set used as study sites in the transfer.

Keywords: recreation; random utility model; GIS (search for similar items in EconPapers)
JEL-codes: Q23 Q51 (search for similar items in EconPapers)
Pages: 35 pages
Date: 2005-08, Revised 2005-08
New Economics Papers: this item is included in nep-env, nep-tur and nep-upt
References: View references in EconPapers View complete reference list from CitEc

Forthcoming, Climatic Change

Downloads: (external link) ... s/Workingpaper80.pdf First version, 2005 (application/pdf)
Our link check indicates that this URL is bad, the error code is: 500 Can't connect to (No such host is known. )

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link:

Access Statistics for this paper

More papers in Working Papers from Research unit Sustainability and Global Change, Hamburg University Contact information at EDIRC.
Bibliographic data for series maintained by Uwe Schneider ( this e-mail address is bad, please contact ).

Page updated 2024-03-31
Handle: RePEc:sgc:wpaper:80