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This document outlines the development of the dynamic functions and simple algorithms that make up the Land Use in Rural New Zealand (LURNZ) land-use intensity module. The module includes stocking rate functions for dairy, sheep, and beef livestock; fertiliser intensity functions for dairy and...
Persistent link: https://www.econbiz.de/10005413318
Several different New Zealand economic models produce measures of rural economic activity that have greenhouse gas implications. For climate change analysis, models need to translate economic activity into greenhouse gas emissions. This document estimates functions and creates projections for...
Persistent link: https://www.econbiz.de/10005413320
In this paper, we construct a dataset of annual expected forest profits in New Zealand from 1990–2008 at a fine spatial resolution. We do not include land values in any of our profit calculations. We estimate four measures of expected forest profits based around net present value (NPV), land...
Persistent link: https://www.econbiz.de/10010566998
Under the New Zealand Emissions Trading Scheme, foresters can obtain carbon units as their forests sequester carbon. If they sell these units as they are earned, the units must be repurchased when the forest is harvested, exposing foresters to price risk. This paper examines the way forward...
Persistent link: https://www.econbiz.de/10009001944
This paper surveys the existing literature on diffusion of environmentally beneficial technology. Overall, it confirms many of the lessons of the larger literature on technology diffusion: diffusion often appears slow when viewed from the outside; the flow of information is an important factor in...
Persistent link: https://www.econbiz.de/10010856274
We construct an annual land value database at the meshblock (MB) level for the Greater Auckland region. The database provides a resource for research work that requires land values (per hectare) across the region. The data is based on valuation records sourced from Quotable Value New Zealand...
Persistent link: https://www.econbiz.de/10005413333
Using the simulation model Land Use in Rural New Zealand version 1 -climate (LURNZv1-climate), we simulate the effects of an agricultural land-use emissions charge and a reward for native forest and scrub regeneration. Our results are preliminary and at this stage should be considered...
Persistent link: https://www.econbiz.de/10005561856
Rural land use is important for New Zealand’s economic and environmental outcomes. Using a dynamic econometric model and recent New Zealand data, we estimate the response of land use to changing economic returns as proxied by relevant commodity prices. Because New Zealand is small, export...
Persistent link: https://www.econbiz.de/10010567000
We perform simulations using the integrated Land Use in Rural New Zealand (LURNZ) model to analyse the effect of various New Zealand emissions trading scheme (ETS) scenarios on land-use, emissions, and output in a temporally and spatially explicit manner. We compare the impact of afforestation...
Persistent link: https://www.econbiz.de/10010856280
New Zealand is the first country to implement a Greenhouse Gas Emissions Trading Scheme (ETS) that includes a forestry component as part of its contribution to global climate mitigation and as a strategy for compliance with the international climate change agreement the Kyoto Protocol. The goal...
Persistent link: https://www.econbiz.de/10009644188