Cost benefit analysis of peri-urban land use policy - Plurel

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Applying Economic Valuation to Peri-Urban Land Use Scenarios: The case of Leipzig Tim Taylor Department of Economics University of Bath *corresponding author: email ecstjt@bath.ac.uk Introduction The application of green accounting techniques to the case of scenarios under the PLUREL project requires the use of a variety of techniques. This paper outlines the application of the methods in a limited way for the case of Leipzig. A range of indicators were developed under the PLUREL project, for which a limited amount of valuation can be applied. In this paper we evaluate first the impact of the scenarios on GDP, on carbon storage and on green space. The paper is structured as follows. First, the methodology is presented for GDP, carbon storage and open space estimation and valuation. Second, results are presented for the case of Leipzig. Finally, some conclusions are drawn as to the implications of different indicator values. Methodology GDP A document review was conducted of the scenarios constructed in M1 (see Ravetz & Rounsevell, 2008, for a brief description) and M3 to assess the appropriate method to estimate the GDP indicators. In some cases these were explicitly mentioned in the briefing documents for scenario construction or statements were made about GDP growth in M3 documentation. GDP was calculated in M1 using the NEMESIS model. The estimates for GDP reported here were based on an interpretation of these model results or based on interpretation of scenarios developed in M3. 94
Carbon storage The value of carbon storage can be derived from literature on the social costs of climate change. Kuik et al (2008), based on a review of relevant literature, suggests marginal damage costs of CO2 emissions across time by year of emission (see Table 1). Using this as a corollary of carbon storage, we can use the midpoint for 2015 and 2025- i.e. €30.5/tCO2 for 2015 and €37/tCO2 for 2025. The indicator is given in terms of MgC/ha – so adjustment needs to be made for carbon-carbon dioxide (multiplying by 44/12 to get cost in terms of tC). This leads to estimates for a MgC/ha of €111.83 for 2015 and €135.67 for 2025. Multiplying by the area (ha) under consideration gives the carbon storage benefit in terms of captured emissions in the given year. 95
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Sustainability Impact Assessment Mo
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Cost benefit analysis of transport
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Classification of results/outputs:
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Introduction The valuation of the p
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Golf Course Development in the Peri
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Costs and benefits A scoping of pot
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Compensation costs to the conversio
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We applied the marginal value estim
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Table 5: Development costs of golf
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The average house price in the poli
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Tourism Koper is located in the reg
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Results Taking the figures for the
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Navrud, S. and R. Ready(2002) Valui
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The Mosslands visioning project The
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Figure 2: Land Use Plan with Maximu
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Table 8: Specifications of each zon
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⎛ Pop ⎞ ⎛ ⎞ T1 GDPT 1 V =
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Table 10: Valuation data for wetlan
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Table 11:Values for Hydrological Zo
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Agricultural zone Land use within t
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Table 12: Current Data on Agricultu
Page 43 and 44: Table 14: Gross margin (in 2008£)
Page 45 and 46: details are exhibited in Page 45
Page 47 and 48: Table 16: Profitability of horticul
Page 49 and 50: Public enjoyment and access zone Th
Page 51 and 52: Results and discussion Table 19 exh
Page 53 and 54: Figure 3:Net Benefits of Maximum We
Page 55 and 56: The use of the combining of socioec
Page 57 and 58: Economics for the Environment Consu
Page 59 and 60: Cost Benefit Analysis of Transport
Page 61 and 62: In relation with differing sustaina
Page 63 and 64: The MOLAND Model The MOLAND Model i
Page 65 and 66: Figure 1. Growth Paths and Spatial
Page 67 and 68: Scenarios for the GDA Within the fr
Page 69 and 70: Figure 3. Transport 21 Network Used
Page 71 and 72: towns (see Figure 6). In other word
Page 73 and 74: operation costs, travel time, accid
Page 75 and 76: Capital Cost Estimation of Rapid Ra
Page 77 and 78: Valuation of Traffic Safety It can
Page 79 and 80: Railway costs can be analysed as fi
Page 81 and 82: Table 6. Average Earnings-Wage, Sal
Page 83 and 84: value and discounted at a standard
Page 86 and 87: Table 9. Summary of Sensitivity Tes
Page 88 and 89: Source: Lavalle et.al. (2009) The c
Page 90 and 91: DKM Ltd. Economic Consultants. (199
Page 92 and 93: Orsini, F. and Williams, B. (2009)
Page 96 and 97: Table 1: Marginal damage costs of C
Page 98 and 99: Results GDP For the Leipzig-Halle c
Page 100 and 101: Open space Open space in Leipzig wa
Page 102 and 103: Discussion In this report, we have
Page 104: Annex 1: Calculation of Amenity Los
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