Many recent empirical studies have focused on national accounting issues related to forest resources, but none has systematically examined the issues from a theoretical perspective. In this paper, I demonstrate that one should adjust the level of GDP upward for household consumption of nonmarket...

This paper evaluates policies for addressing forest degradation in developing country hill areas, where agriculture is the major activity and villagers depend on forests for important economic inputs. Runaway population growth, poverty and open access probably explain most :overuse" in such...

Rents from extracting natural resources (minerals and roundwood) were equivalent to a fifth or more of gross domestic savings in at least one year during 1970-92 in nearly all countries in a sample of fourteen from Asia. This was the case even in China and India, which are not usually thought of...