Showing 1 - 10 of 46
The European Union designates 26% of its landmass as a protected area, limiting economic development to favor biodiversity. This paper uses the staggered introduction of protected-area policies between 1985 and 2020 to study the selection of land for protection and the causal effect of...
Persistent link: https://www.econbiz.de/10014444040
Fuelwood collection is often cited as the most important cause of deforestation in developing countries. Use of …
Persistent link: https://www.econbiz.de/10011863607
The paper uses both the single rotation and ongoing rotation framework to study the impact of yield tax, lump-sum tax, cash flow tax and tax on interest rate earnings on the privately optimal rotation period when forest value growth is stochastic and forest owners are either risk neutral or risk...
Persistent link: https://www.econbiz.de/10011449344
This paper examines the fiscal motives behind municipal governments' decisions to allocate commercial and residential land when two categories of land use are subject to different fiscal revenue alternatives: business-related tax and/or land rent. We use urban parcel-level land transfers during...
Persistent link: https://www.econbiz.de/10014443826
This paper presents a simple strategic model (defined as a shortsighted game) to highlight the incentives for local governments to allow the exploitation of land in areas not suitable for such exploitation due to environmental or other risks. Municipal discretionary policy inevitably produces...
Persistent link: https://www.econbiz.de/10011931380
Motivated by tropical deforestation, we analyze (i) a novel theory of resource extraction, (ii) the optimal …'s presence may induce institutional change. Deforestation can be legal or illegal in the model: each district decides how much to …
Persistent link: https://www.econbiz.de/10010515399
Every government that controls an exhaustible resource must decide whether to exploit it or to conserve and thereby let the subsequent government decide whether to exploit or conserve. This paper develops a theory of this situation and shows when a small probability that some future government...
Persistent link: https://www.econbiz.de/10012213175
reductions is to encourage reductions in deforestation. But any such strategy must confront a basic problem: agents that might be …
Persistent link: https://www.econbiz.de/10011855609
management, and unsustainable forest exploitation in the form of illegal logging to explore deforestation and agricultural and … to increase deforestation by increasing both land conversion to agriculture and illegal logging. Contrary to current …, and thus deforestation. Confiscation risk decreases timber supply from unsustainable forestry practices while the affect …
Persistent link: https://www.econbiz.de/10011402690
A "conservation good" (such as a tropical forest) is owned by a seller who is tempted to consume (or cut), but a buyer benefits more from conservation. The seller does conserve if the buyer is expected to buy, but the buyer is unwilling to pay as long as the seller conserves. This contradiction...
Persistent link: https://www.econbiz.de/10009764409