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Land Use Change and Ecosystem Valuation in North Georgia AgEcon
Ngugi, Daniel; Mullen, Jeffrey D.; Bergstrom, John C..
A model of land allocation at the aggregate watershed level was developed assuming profit/net benefit maximization under risk neutrality. The econometric land use model was analyzed as an equation by equation SURE model as all the independent variables were the same for both equations. In analyzing effect of land use change on water quality, we took year 2005 as our baseline and postulated three land use scenarios. We applied Benefit Transfer techniques to value water quality changes resulting from land use change and estimated lower bounds for WTP to improve water quality to meet the FCB criterion for drinking water supply and fishing waters and BOD (DO) criteria for fishing waters. Water quality modeling revealed that land use change would result in...
Tipo: Conference Paper or Presentation Palavras-chave: Ecosystem; Economic value; North Georgia; Land use; Land use change; Fish; Water quality; Structural time series; Willingness to pay; Benefit transfer; Forecasting; Vector autoregression; Upper Chattahoochee River; Environmental Economics and Policy; Land Economics/Use.
Ano: 2008 URL: http://purl.umn.edu/6119
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