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 averse. In the case of risk-neutral forest owner higher yield tax …

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 averse. In the case of risk-neutral forest owner higher yield tax …

internationally mobile and labour immobile. In setting tax rates the government is assumed to behave as a Stackelberg leader towards …

This paper analyzes 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. A combination of distortionary unit (or yield) tax and timber tax can also be used to collect the …