The topics discussed in the Handbook on the Economics of Natural Resources are essential for those looking to understand how best to use and conserve the resources that form the foundation for human well-being. These include nonrenewable resources, modeling of biological resources, conservation...

This article studies in an overlapping generations forest economy the conditions under which money and/or timber bequests occur across generations, assuming the usual case of one-sided altruism. We assume nonindustrial landowners have preferences for consumption and for amenities from...

Around the world governments own forest capital stocks and can harvest them for revenue or provide public goods from preserving them. This article examines how government preferences for revenue generation and public goods provision affect policy choices. Many instances are found where...

This paper examines the pollution control policies applied in China¡¯s paper industry during the period of economic reform from 1982 to 1992. The paper industry is the source of ten percent of China¡¯s industrial wastewater emissions and one-fourth of its chemical oxygen demand. It is the...

Tradable permit markets for carbon dioxide (C02) emissions respond to short-run fluctuations in economic activity. To provide stability, both price and quantity interventions have been proposed. This paper focuses on the relative performance of fixed versus intensity allowances in the presence...

We examine how corruption impacts a central government's application of concession policy instruments consisting of royalty rates, concession size, environmentally sensitive logging levels, and enforcement. Harvesters have incentives to illegally log by taking more volume than is allowed, high...