We develop a dynamic forest sector in a Computable General Equilibrium model. There has been an increasing demand in using general equilibrium models to examine forests' role in climate change mitigation, global land competition and the energy sector. But modeling forestry sector in a general...

The rapid change in the character of land use in traditional agricultural regions of the Midwest has led to public concern in recent years. As a result, policy makers have attempted to forge novel ways to cope with problems associated with loss of farmland and the encroachment of urban/suburban...

There is widespread concern among environmental and agricultural interest that land use change will affect the future productivity of the agricultural industry by utilizing highly productive land for development. This paper considers the links between land use change and crop choices in order to...

This research explores how recreational values change over time. Hedonic functions linking travel costs to site amenities are estimated using data on nearly 70,000 visitors to Ohio State Parks from 1997 to 2002. The results suggest substantial changes in recreational values over time. Effects...

This study explores how property taxes affect the timing of development. The theoretical literature suggests that higher taxes increase the time to development, although there is some disagreement in the literature. We present a simple theoretical model to motivate an empirical model that...

Replaced with revised version of paper 06/26/09.

This paper develops a model that solves for the optimal economic harvest rotation problem to maximize revenue of an even-aged forest plantation when there is a risk of a catastrophic forest fire. The paper also investigates the feasibility of using fire prone stands for carbon sequestration and...