This text provides a comprehensive introduction to the important issues of land use and forest economics. The authors employ economic tools to study the allocation of land among alternative activities such as agriculture, grazing and forestry which impact upon the landscape.
The book begins by explaining general economic concepts of well-being, welfare measurement and economic rents before providing a synopsis of various environmental economic issues including non-market valuation, cost-benefit analysis and sustainable development. The authors then move on to address several critical topics relating to land use, the conservation of nature and the protection of agricultural land. These include an analysis of agricultural land use from the perspective of urban expansion and the interface between crop production and nature. They also discuss the economics of public lands, range and ranching, forestry, and global climate change in a comprehensive fashion. Throughout the book, the focus is on enhancing welfare for society as a whole, rather than for particular individuals, interest groups or sectors. In this way, the authors present a balanced and just approach to policy decisions regarding the allocation of scarce land resources.
Accessible and self-contained, this text will become indispensable to postgraduate and undergraduate students on a range of courses including agricultural and environmental economics, geography and resource management. Although primarily a textbook, it will also provide a useful overview for policymakers, range scientists, public land managers and anyone with an interest in the economic evaluation of rural land use and forestry.
G. Cornelis van Kooten, Professor of Economics and Canada Research Chair in Environmental Studies and Climate, University of Victoria, Canada and Adjunct Professor of Agricultural Economics and Rural Policy, Wageningen University, The Netherlands and Henk Folmer, Professor of Research Methodology, Groningen University and Professor of General Economics, Wageningen University, The Netherlands
Contents: Preface 1. Introduction Part I: General Economic Concepts 2. The Theory of Welfare Measurement 3. Resource Rents and Rent Capture Part II: A Synopsis of Environmental Economics 4. Valuing Nonmarket Benefits 5. Environmental Economics 6. Social Cost-Benefit Analysis 7. Sustainable Development and Conservation Part III: Land Economics 8. Efficiency and Equity in Land-Use Planning 9. Degradation and Conservation of Agricultural Land 10. Economics of Public Lands Part IV: Forest Economics 11. Forest Economics I 12. Forest Economics II 13. Economics of Tropical Deforestation Part V: Land Use and Climate Change 14. Climate Change: Land Use, Land-Use Change and Forestry References Index