@article{Anthon:197921,
      recid = {197921},
      author = {Anthon, Signe and Thorsen, Bo Jellesmark},
      title = {Incentives for Local Authorities to Supply Environmental  Benefits through Afforestation},
      journal = {Scandinavian Forest Economics: Proceedings of the Biennial  Meeting of the Scandinavian Society of Forest Economics},
      address = {2004-05},
      number = {1329-2016-103650},
      pages = {8},
      year = {2004},
      abstract = {In 1989 the Danish Parliament announced it an official  goal of the forest policy to double the Danish forest area  in 60-100 years. One of the goals of this policy was to  improve the recreational possibilities for the urban  population. Therefore focus has been on furthering public  afforestation projects close to cities with little forestry  nearby. We know from previous research that mature urban  forests possess significant amenity values for urban areas;  the question is whether the same holds for afforestation  projects? Thus the aim of this analysis is to examine the  inhabitants' willingness to pay for proximity to urban  afforestation projects. We use a hedonic pricing approach  to estimate the willingness too pay for the environmental  benefits related to the proximity for two afforestation  projects Bakkely Forest and True Forest. The model used  enables us to calculate the WTP for each house depending on  the distance from th eforest and the total WTP for the two  areas. The study also examines the impact of the observed  raise in house prices on the property taxes that the  inhabitants pay. As the property tax depends on the value  of the house, higher prices. This increase in the tax  burden has to be included in the total WTP measure to avoid  a serious under-estimation of the total WTP. We show that  the present value of the extra property tax may lie between  20 and 100% of the increase in property value.},
      url = {http://ageconsearch.umn.edu/record/197921},
      doi = {https://doi.org/10.22004/ag.econ.197921},
}