Cost-Effectiveness Analysis of Woodland Ecosystem Restoration

Authors:
MacMillan, D.C., D. Harley and R. Morrison

Publication Date:
1998

Abstract/Summary:
In this study, the cost-effectiveness of government expenditure is investigated by comparing the cost of grant aid with the ecosystem restoration potential of new woodlands. An expert- based system for scoring ecosystem restoration potential is described and applied to over 200 new woodlands in a Geographic Information System. New woodlands varied considerably with respect to both cost and ecosystem restoration score, with the most cost-effective woodlands established close to existing woodlands using natural colonisation techniques. Overall ecosystem score was negatively correlated with government expenditure. Alternative approaches to improving the cost-effectiveness of grant aid are discussed.

Resource Type:
Peer-reviewed Article

Source:
Ecological Economics

Link:
http://www.sciencedirect.com/science/article/pii/S0921800998000238