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adequate participation in a conservation plan. We analytically determine the impact of uncertainty and optimal policy …In this paper stochastic dynamic programming is used to investigate habitat conservation by a multitude of landholders … under uncertainty about the value of environmental services and irreversible development. We study land conversion under …
Persistent link: https://www.econbiz.de/10008780408
Protected areas are a cornerstone of forest conservation in developing countries. Yet we know little about their …
Persistent link: https://www.econbiz.de/10011289495
social perspective. -- Land Allocation ; Real Options ; Renewable Energy ; Solar farm ; Uncertainty …
Persistent link: https://www.econbiz.de/10009382876
Persistent link: https://www.econbiz.de/10002434030
Large-scale foreign investments in African farmland are rising and may contribute to agricultural productivity growth and economic development. However, host countries sometimes have to wait longer for the economic benefits to arrive than initially expected. In this respect, the timing of...
Persistent link: https://www.econbiz.de/10010253463
Agriculture and forestry play an important role in emitting and storing greenhouse gases. For an efficient and cost-effective climate policy it is therefore important to explicitly include land use, land use change, and forestry (LULUCF) in economyclimate models. This paper gives an overview and...
Persistent link: https://www.econbiz.de/10003544556
Motivated by the conclusions from various modelling studies, modifications to the bioenergy sector regulations are under way in Europe and in the USA to account for emissions from indirect land-use change (ILUC). Despite their influence on the policy-making, evaluations of the capacity of...
Persistent link: https://www.econbiz.de/10009628101
In this paper we evaluate the economic, natural capital and ecosystem services impacts of strategies for conserving Colombias rich natural capital endowment. Specifically, we consider Government program proposals for establishing Payment for Ecosystem Services (PES), implementing more...
Persistent link: https://www.econbiz.de/10012587042
The forest conservation policy instrument REDD+ (Reducing Emissions from Deforestation and Forest Degradation) is … are specialized in agriculture and have weak institutions, are likely to face difficulties to enforce forest conservation … forest conservation policy mix in such contexts. We first show empirically that structural constraints to forest conservation …
Persistent link: https://www.econbiz.de/10011644074
a "real option" framework, where the value of the right to use the resource is affected by: 1) uncertainty on the future …
Persistent link: https://www.econbiz.de/10011596220