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Applied Environmental Economics: A GIS Approach to Cost-benefit Analysis

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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)

'Researchers in the field of land use and economic valuation will find this study a source of information and inspiration.' Netherlands Economic
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 *s*umptions. 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.,

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