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Recent research on business investment decisions suggests that real investment in plant and equipment is quite sensitive to changes in the user cost of capital, pointing to the possibility that long-run changes in tax policy may have a significant impact on an economy's capital stock. Indeed,...
Persistent link: https://www.econbiz.de/10012471638
Recent research on business investment decisions suggests that real investment in plant and equipment is quite sensitive to changes in the user cost of capital, pointing to the possibility that long-run changes in tax policy may have a significant impact on an economy's capital stock. Indeed,...
Persistent link: https://www.econbiz.de/10013210672
In this paper stochastic dynamic programming is used to investigate habitat conservation by a multitude of landholders … adequate participation in a conservation plan. We analytically determine the impact of uncertainty and optimal policy …
Persistent link: https://www.econbiz.de/10008780408
In this paper stochastic dynamic programming is used to investigate habitat conservation by a multitude of landholders … adequate participation in a conservation plan. We analytically determine the impact of uncertainty and optimal policy …
Persistent link: https://www.econbiz.de/10013093986
In this paper we investigate land conversion in the presence of voluntary and mandatory habitat conservation policies …
Persistent link: https://www.econbiz.de/10013079306