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Ridge, Slope, and Hillside Protection Taskforce Projects in Knox County, Tennessee: Costs and Benefits of Reforestation of Target Areas AgEcon
Chadourne, Matthew H.; Cho, Seong-Hoon; Roberts, Roland K..
Many communities in the United States face the decision about whether to protect or restore forests on environmentally sensitive sites. The objective of this research is to identify priority areas for forest landscape restoration in Knox County, Tennessee. A cost-benefit analysis is conducted to determine individuals’ willingness to accept reforestation as a substitute for other potential land uses, given the explicit costs and benefits of reforestation. A sequence of hedonic models is used to estimate differences in values attached to housing prices of multiple potential sites for restoration projects values. This approach allows the establishment of an overall price-distance relationship between the amenity values attributable to both deforested and...
Tipo: Conference Paper or Presentation Palavras-chave: Amenity Valuation of Forest Land; Cost-Benefit Analysis; Hedonic Price Model; Reforestation Decision.; Community/Rural/Urban Development; Environmental Economics and Policy; Land Economics/Use; Public Economics.
Ano: 2011 URL: http://purl.umn.edu/103846
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