Graduate Thesis Or Dissertation
 

An opportunity cost approach to land preservation in the Oregon Coast Range

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https://ir.library.oregonstate.edu/concern/graduate_thesis_or_dissertations/1g05ff998

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  • This study estimates a range of opportunity costs associated with three land management alternatives for a site in the Oregon Coast Range. A 35,000 acre site was selected which includes a mix of federal and private land ownership and provides significant biological resources. The first alternative examines a plan for federal agencies to maximize present net worth of the timber on all forested acres. The second alternative describes a federal plan to protect old-growth dependent species. The third alternative examines a biologist's plan to protect all current species as well as restore extirpated species to the region. For the first alternative, results show significant economic benefits associated with a timber harvest schedule that maximizes the present net worth of timber on federal land. For the second alternative, the results show significant opportunity costs associated with forgone timber harvests on federal land. For the third alternative, the results show significant opportunity costs associated with forgone timber harvests and lost opportunities for recreation. Although the forgone value of timber comprises the majority of the opportunity costs, the forgone value of recreation contributes to a substantial portion of opportunity costs. The recreation values range from 10 to 29 percent of total opportunity cost estimates.
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