Applied Environmental Economics: A GIS Approach to Cost-Benefit Analysis
Cambridge University Press
Edition: Revised ed., 6/16/2005
EAN 9780521671583, ISBN10: 0521671582
Paperback, 358 pages, 24.8 x 17.8 x 3.2 cm
Language: English
The complex real-world interactions between the economy and the environment form both the focus of and main barrier to applied research within the field of environmental economics. However, geographical information systems (GIS) allow economists to tackle such complexity head on by directly incorporating diverse datasets into applied research rather than resorting to simplifying and often unrealistic assumptions. This innovative book applies GIS techniques to spatial cost-benefit analysis of a complex and topical land use change problem - the conversion of agricultural land to multipurpose woodland - looking in detail at issues such as opportunity costs, timber yield, recreation, carbon storage, etc., and embracing cost-cutting themes such as the evaluation of environmental preferences and the spatial transfer of benefit functions.
Foreword David W. Pearce
1. Introduction
2. Recreation
valuation methods
3. Recreation
predicting values
4. Recreation
predicting visits
5. Timber valuation
6. Modelling and mapping timber yield and its value
7. Modelling and valuing carbon sequestration in trees, timber products and forest soils
8. Modelling opportunity cost
agricultural output values
9. Cost benefit analysis using GIS
10. Conclusions and future directions.
'A fine example here of economic valuation being put to an imaginative and unique use by some of the most exciting practitioners of the art of economic valuation.' David W. Pearce, from the Foreword