Abstract
With its varied landscape of hills and mountains, New Zealand has an abundance of marginal land on its slopes. This land is currently used in a variety of enterprises, such as pasture and farmland. However, marginal land is typically associated with higher rates of erosion, shallow topsoil, expensive fencing, and other issues like livestock deaths from falls. There is currently interest in deploying these marginal lands to different uses to align with several environmental and production-related goals. This paper contributes to the discussion on marginal land by exploring three different scenarios related to afforestation in the Manawatu catchment area. To analyze these scenarios, we bring together several complex and spatially explicit data sets which are linked using economic modeling tools and benefits transfer methods. The combination of these tools and data sets allows us to produce several important quantitative and qualitative outputs. Where possible, quantitative predictions are monetized, allowing a benefit-cost analysis of the proposed scenarios.
Original language | English |
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Pages (from-to) | 379-405 |
Number of pages | 27 |
Journal | Agricultural and Resource Economics Review |
Volume | 52 |
Issue number | 2 |
Early online date | 30 Jun 2023 |
DOIs | |
Publication status | Print publication - 30 Aug 2023 |
Bibliographical note
Funding Information:This work was partially funded by the New Zealand Ministry for Primary Industries, under Landcare Contract Report LC2788.
Publisher Copyright:
© The Author(s), 2023. Published by Cambridge University Press on behalf of the Northeastern Agricultural and Resource Economics Association.
Keywords
- economic analysis
- ecosystem services
- land use modeling
- nonmarket valuation