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We develop a positive mathematical programming model to investigate the impact of climate change on land use in the prairie pothole region of western Canada, with particular focus on wetlands retention. We examine the effect of climate change and biofuel policies that are implemented to mitigate...
Persistent link: https://www.econbiz.de/10010918104
There is an increasing tendency for forest product firms worldwide to adopt sound environmental management practices by voluntarily agreeing to have their forest practices certified by third parties. Using a simple model of profit maximization, we illustrate that the puzzling emergence of this...
Persistent link: https://www.econbiz.de/10005805479
A method is suggested for modeling uncertainty when there is a lack of information concerning the effect of forest management decisions on tree growth. Dynamic programming is used to investigate the optimality of alternative management strategies. The model is illustrated with an empirical...
Persistent link: https://www.econbiz.de/10005484155
Because there are potential externality benefits, it is important to specify an appropriate statistical model when analyzing the conflict between agriculture and migratory waterfowl in Canada’s pothole region. Unlike non-spatial panel models, our use of a spatial autoregressive panel...
Persistent link: https://www.econbiz.de/10011143209