Cost benefit analysis of peri-urban land use policy - Plurel
Cost benefit analysis of peri-urban land use policy - Plurel
Cost benefit analysis of peri-urban land use policy - Plurel
You also want an ePaper? Increase the reach of your titles
YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.
Table 7: Summary <strong>of</strong> costs and <strong>benefit</strong>s <strong>use</strong>d in <strong>analysis</strong><br />
Item Description Value<br />
<strong>Cost</strong>s<br />
Physical <strong>land</strong> cost Vineyards<br />
€15-22.5 million<br />
(<strong>land</strong> claim)<br />
Forests<br />
€6.6-9.9 million<br />
Private <strong>land</strong> - upper €16.5 million<br />
limit<br />
Development costs<br />
<strong>of</strong> golf course<br />
Predevelopment €84,700 for each <strong>of</strong><br />
2 yrs<br />
Development €686,000 for each <strong>of</strong><br />
2 yrs<br />
Lost grape yields Gross margins €12,500 to €23,100<br />
per year<br />
Lost forest<br />
ecosystem <strong>benefit</strong>s<br />
€134,900 to<br />
€202,400 per year,<br />
rising to €191,800 to<br />
€291,400 by end <strong>of</strong><br />
<strong>peri</strong>od<br />
Loss <strong>of</strong> cultural<br />
heritage<br />
Not quantified<br />
Benefits<br />
Net pr<strong>of</strong>it <strong>of</strong> golf<br />
course<br />
Amenity <strong>benefit</strong>s<br />
Carbon<br />
sequestration<br />
Tourism<br />
Ancillary<br />
development<br />
Based on<br />
KPMG(2007)<br />
Based on transfer<br />
from US study<br />
Based on carbon<br />
values from CASES<br />
project<br />
€68,300 to €94,900<br />
per year operational<br />
€943,200 to<br />
€1,929,800<br />
€1,200 to €3,500 per<br />
year rising to €1,700<br />
to €5,000 per year<br />
by end <strong>of</strong> <strong>peri</strong>od<br />
Not quantified<br />
Not quantified<br />
Page 22 • PLUREL report No 4.4.3 • December 2010
Change language