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This study applies an intertemporal partial equilibrium model of the U.S. Forest and Agricultural sectors to assess the market, land use, and greenhouse gas (GHG) implications of biomass electricity expansion. Results show how intertemporal optimization procedures can yield different biomass...
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The forest sector faces changing political paradigms and volatile policy measures. Policy makers rely on economic and biological models to inform them of the impacts and risks associated with both anticipated and unforeseen policies or shocks to the system. Assumptions about agents' knowledge of...
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Recent history has seen an increase in the utilization of partial equilibrium based forest sector models to identify potential impacts of various policies or timber market shocks. These models are particularly useful in that they employ economic theory to capture the interaction of supply and...
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Ranch and livestock sector impacts are estimated for a 10% reduction in grazing on federal lands in the West to protect threatened and endangered species. Two sets of species are considered. One set targets species listed due to grazing and the other targets species whose recovery plans include...
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Recent studies estimate potential economic impacts of climate change on U.S. agriculture. While results are not directly comparable, several "big picture" lessons can be drawn. These broader findings are developed and put into a policy context. While the estimated impacts on U.S. agriculture,...
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Economic studies have demonstrated that agricultural landowners could mitigate significant quantities of greenhouse gas (GHG) emissions through afforestation. The associated carbon, however, must remain stored in soils or biomass for several decades to achieve substantial mitigation benefits....
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