Various decentralization experiments are currently underway in the Chinese forestry sector. However, a key question often ignored by researchers and policymakers addresses what farmers really want from reform. This paper uses a survey-based choice experiment to investigate farmers’ preferences...

A prevailing view in the literature is that social sanctions can support, in equilibrium, high levels of obedience to a costly norm. The reason is that social disapproval and stigmatization faced by the disobedient are highest when disobedience is the exception rather than the rule in society....

In this paper, we make an empirical analysis of the roles of total factor productivity (TFP), capital and labor in China's economic growth for 1952-1998, with the consideration of a structural change due to reform in 1978. We find that China's TFP has fluctuated drastically during 1952-1998, due...

This paper examines the effects of structural change, long-term TFP trend and marginal return to capital on China’s economic growth, comparing such effects with those in the other East Asian economies. Our empirical results show that China’s TFP converges to a higher level, and that the...

The economic productivity of publicly funded wood preservatives research from 1950 to 1980 exemplifies public research in the forest product industries. We find a high internal rate of return for wood preservatives, nearly 300 percent. The research investments would not have been made by private...

This case study of red-cockaded woodpecker management in the Croatan National Forest in North Carolina demonstrates that a schedule of opportunity costs for endangered species management (1) is easy to calculate and (2) can help clarify management and policy alternatives The study also shows...

This paper examines the pollution control policies applied in China¡¯s paper industry during the period of economic reform from 1982 to 1992. The paper industry is the source of ten percent of China¡¯s industrial wastewater emissions and one-fourth of its chemical oxygen demand. It is the...