000			01189cab a2200241 4500
001			ABS48337
008			090401t1993 xxu||||| |||| 00| 0 eng d
035			_a(Sirsi) u66249
041			_aeng
100			_aBenson, J.F.
245			_aImplications of recreation demand for forest expansion in Great Britain
260			_c1993
350			_a0
490			_aRegional Studies _v27(1) 1993, 29-39(11)
520			_aThe paper uses recent estimates for the value of non-priced recreation on the Forestry Commission estate to examine the implications for new forest investment in both financial and spatial terms. Using recreation as the sole additional criterion, the priority area for new planting should be lowland England. The addition of consumer surplus values from informal recreation could increase the internal rate of return above a test discount rate of 6% in some cases and produce positive net present values, in contrast to negative ones for timber production alone. (Journal abstracts)
650			_aDISCOUNT RATE
650			_aLEISURE
690			_aLEISURE AND RECREATION
690			_aRURAL PRACTICE
700			_aWillis, K.G.
942			_n0
948			_c04/03/1997
999			_c41420 _d41420