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Optimal Allocation of Land between Productive Use and Recreational Use.

This paper is an inquiry into the optimal allocation of time and natural areas to recreational uses, which have the feature of being a pure and continuous public good. We address this issue with a comprehensive approach. A static rational general equilibrium framework is developed in which heterogen...

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Published in:Journal of Regional Science Vol. 43; no. 2; pp. 269 - 294
Main Authors: Giménez, Eduardo L., González-Gómez, Manuel
Format: Article
Published: Wiley-Blackwell May 2003
Subjects:
Resource allocation > Mathematical models
Land use
Mathematical models
Real property
Recreation areas
Valuation
Online Access:View this record in EBSCOhost