This paper analyzes the design of agri-environmental policy, when the available instruments are simultaneously chosen so as to maximize society's target function. The instruments to be analyzed include the acreage subsidy targeting income support, the fertilizer tax, and the buffer-strip subsidy...

This paper studies optimal forest policies in an overlapping generations forest economy with one-sided altruism and public goods, where timber and monetary bequests can be made across generations. We extend the existing economics literature by demonstrating that timber bequests can dominate...

This paper analyzez socially optimal forest taxation when the government has a binding tax revenue requirement. In the Faustmann model the optimal design of forest taxation consists of non-distortionary taxes, such as site productivity tax, site value tax or profit tax.

The Hartman rotation framework augmented with an endogenous private and an exogenous adjacent forest stand is used to re-examine the optimal rotation age, when both stands may be spatially and temporally interdependent in the provision of amenity services.