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Land Use Change and Ecosystem Valuation in North Georgia

Author

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  • Ngugi, Daniel
  • Mullen, Jeffrey D.
  • Bergstrom, John C.

Abstract

This study seeks to forecast land use change in a North Georgia ecosystem, and estimate the economic value of the ecosystem using benefit transfer techniques. We forecast land use change based on a structural time series model and a simple growth rate model. The study suggests a lower bound willingness to pay value of about USD 16,000 per year to ensure compliance with fishing and drinking water quality standards with regard to fecal coliform bacteria and dissolved oxygen. Conservation efforts are likely to cost less than the cost of defensive behavior or ecosystem restoration.

Suggested Citation

  • Ngugi, Daniel & Mullen, Jeffrey D. & Bergstrom, John C., 2009. "Land Use Change and Ecosystem Valuation in North Georgia," 2009 Annual Meeting, January 31-February 3, 2009, Atlanta, Georgia 46853, Southern Agricultural Economics Association.
    • Handle: RePEc:ags:saeana:46853
    DOI: 10.22004/ag.econ.46853
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    References listed on IDEAS

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    1. John C. Bergstrom & Paul Civita, 1999. "Status of Benefits Transfer in the United States and Canada: A Review," Canadian Journal of Agricultural Economics/Revue canadienne d'agroeconomie, Canadian Agricultural Economics Society/Societe canadienne d'agroeconomie, vol. 47(1), pages 79-87, March.
    2. Timothy J. Bartik, 2008. "Evaluating the Benefits of Non-marginal Reductions in Pollution Using Information on Defensive Expenditures," Book chapters authored by Upjohn Institute researchers, in: Joseph Herriges & Catherine L. Kling (ed.),Revealed Preference Approaches to Environmental Valuation, volume 0, pages 459-475, W.E. Upjohn Institute for Employment Research.
    3. Du Yaping, 1999. "The Use Of Benefit Transfer In The Evaluation Of Water Quality Improvement: An Application In China," EEPSEA Research Report rr1999031, Economy and Environment Program for Southeast Asia (EEPSEA), revised Mar 1999.
    4. Russell, Clifford S. & Vaughan, William J., 1982. "The national recreational fishing benefits of water pollution control," Journal of Environmental Economics and Management, Elsevier, vol. 9(4), pages 328-354, December.
    5. Torras, Mariano, 2000. "The total economic value of Amazonian deforestation, 1978-1993," Ecological Economics, Elsevier, vol. 33(2), pages 283-297, May.
    6. Acharya, Gayatri, 2000. "Approaches to valuing the hidden hydrological services of wetland ecosystems," Ecological Economics, Elsevier, vol. 35(1), pages 63-74, October.
    7. John C. Bergstrom & Kevin J. Boyle & Gregory L. Poe (ed.), 2001. "The Economic Value of Water Quality," Books, Edward Elgar Publishing, number 1723.
    8. William H. Desvousges & F. R. Johnson & H. S. Banzhaf, 1998. "Environmental Policy Analysis With Limited Information," Books, Edward Elgar Publishing, number 1328.
    9. Loomis, John & Kent, Paula & Strange, Liz & Fausch, Kurt & Covich, Alan, 2000. "Measuring the total economic value of restoring ecosystem services in an impaired river basin: results from a contingent valuation survey," Ecological Economics, Elsevier, vol. 33(1), pages 103-117, April.
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    More about this item

    Keywords

    Environmental Economics and Policy; Land Economics/Use;

    JEL classification:

    • Q51 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Valuation of Environmental Effects
    • Q53 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Air Pollution; Water Pollution; Noise; Hazardous Waste; Solid Waste; Recycling
    • Q57 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Ecological Economics

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