Showing 1 - 10 of 17
National-level strategies for reducing emissions from deforestation and degradation (REDD), financed by international transfers, have begun to emerge. A three-sector model is developed to explore the economy-wide effects of two policies implemented by a government participating in REDD that...
Persistent link: https://www.econbiz.de/10011263692
We explore the optimal time path of carbon sequestration and carbon abatement in stabilizing CO2 levels under uncertainty of climate impacts. Using a two-period sequential decision making model, we analytically derive optimal rates for the two control variables, abatement and sequestration...
Persistent link: https://www.econbiz.de/10010737814
Bio-energy with carbon capture and sequestration (BECCS) has the potential to be a key mitigation option, because it can generate electricity and absorb emissions at the same time. However, biomass is not distributed evenly across the globe and regions with a potentially high demand might be...
Persistent link: https://www.econbiz.de/10010737819
Bio-invasions occur in management mosaics where local control affects spread and damage across political boundaries. We address two obstacles to local implementation of optimal regional control of a bio-invasion that damages public and private resources across jurisdictions: lack of local funds...
Persistent link: https://www.econbiz.de/10010737820
The use of forests as natural carbon capture and storage sinks is considered by introducing carbon sequestration benefits’ accounting in a multi-vintage partial equilibrium land-use model, under different carbon price scenarios. The consequences to timber and land markets and to the profile of...
Persistent link: https://www.econbiz.de/10011043438
In this article we ask whether a privately owned natural renewable resource can be conserved and managed efficiently when households have a joy-of-giving resource bequest motive. We model an overlapping generations economy in which firms have access to a CES production technology combining the...
Persistent link: https://www.econbiz.de/10010576618
Improving information about individual opportunity costs of deforestation agents has the potential to increase the efficiency of REDD when it takes the form of a payment for environmental services scheme. However, objectives pursued in REDD projects may vary across policy makers. Within a...
Persistent link: https://www.econbiz.de/10010753156
Domestic and foreign forest products consumptions are considered imperfectly substitutable in the French Forest Sector Model (FFSM). This assumption is justified by product heterogeneities that depend on production places, by the consumers habits or by the market structure. It leads us to...
Persistent link: https://www.econbiz.de/10010572561
Prior to 1985, virtually all analyses of forestry economics took the price of timber as given. Since Mitra and Wan (1985), however, the literature has sought to solve social planning problems where the price of timber, as reflected in the path of the marginal utility of consumption, is...
Persistent link: https://www.econbiz.de/10010719063
In this paper we examine whether stated preferences and Willingness To Pay estimates, obtained in a choice experiment, are sensitive to the institutional context in which the good under evaluation is provided. Specifically, we examine the effects on valuation from employing two different...
Persistent link: https://www.econbiz.de/10010740039