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Taxation and rotation age under stochastic forest stand value

Alvarez, Luis H. R.; Koskela, Erkki - 2004

The paper uses both the single rotation and ongoing rotation framework to study the impact of yield tax, lump-sum tax, cash flow tax and tax on interest rate earnings on the privately optimal rotation period when forest value growth is stochastic and forest owners are either risk neutral or risk...

Persistent link: https://www.econbiz.de/10011449344

Taxation and rotation age under stochastic forest stand value

Alvarez, Luis H. R.; Koskela, Erkki - 2004 - June 2004

Persistent link: https://www.econbiz.de/10002127106

Forest taxation and timber supply under price uncertainty : perfect capital markets

Koskela, Erkki - 1988

Persistent link: https://www.econbiz.de/10000748431

Economics of forest resources

Amacher, Gregory S.; Ollikainen, Markku; Koskela, Erkki - 2009

production -- Two period life cycle models -- Socially optimal forest policy design -- Deforestation: models and policy …

Persistent link: https://www.econbiz.de/10003739828

Deforestation, production intensity and land use under insecure property rights

Amacher, Gregory S.; Koskela, Erkki; Ollikainen, Markku - 2004

, and thus deforestation. Confiscation risk decreases timber supply from unsustainable forestry practices while the affect … management, and unsustainable forest exploitation in the form of illegal logging to explore deforestation and agricultural and … to increase deforestation by increasing both land conversion to agriculture and illegal logging. Contrary to current …

Persistent link: https://www.econbiz.de/10011402690

Royalty reform and illegal reporting of harvest volumes under alternative penalty schemes

Amacher, Gregory S.; Koskela, Erkki; Ollikainen, Markku - In: Environmental & resource economics : the official … 38 (2007) 2, pp. 189-211

Persistent link: https://www.econbiz.de/10003601889

Deforestation and land use under insecure property rights

Amacher, Gregory S.; Koskela, Erkki; Ollikainen, Markku - In: Environment and development economics 14 (2009) 3, pp. 281-303

Persistent link: https://www.econbiz.de/10003875169

Does risk aversion accelerate optimal forest rotation under uncertainty?

Alvarez, Luis H. R.; Koskela, Erkki - 2004

We use a Wicksellian single rotation framework to analyze the impact of the intertemporally fluctuating and stochastic mean-reverting interest rate process on the optimal harvesting threshold and thereby the expected length of the rotation period, when forest value is also stochastic following...

Persistent link: https://www.econbiz.de/10011450936

Deforestation, production intensity and land use under insecure property rights

Amacher, Gregory S.; Koskela, Erkki; Ollikainen, Markku - 2004 - February 2004

Persistent link: https://www.econbiz.de/10002129257

Does risk aversion accelerate optimal forest rotation under uncertainty?

Alvarez, Luis H. R.; Koskela, Erkki - 2004 - September 2004

Persistent link: https://www.econbiz.de/10002405814