Showing 1 - 10 of 12,532
This paper presents an adjusted Faustmann Rule for optimal harvest of a forest in the presence of a social cost of carbon emissions. A contribution of the paper is to do this within theoretical and numerical frameworks that take account of the dynamics and interactions of the forest's multiple...
Persistent link: https://www.econbiz.de/10010330252
This paper presents an adjusted Faustmann Rule for optimal harvest of a forest in the presence of a social cost of carbon emissions. A contribution of the paper is to do this within theoretical and numerical frameworks that take account of the dynamics and interactions of the forest's multiple...
Persistent link: https://www.econbiz.de/10010288462
, the other with the risk-free rate. We estimate gamma for forestry on Swedish data for stumpage prices and GDP per capita … 1909- 2012. We demonstrate in three forestry cases that the result considerably changes the expected present value of long …-term forestry investments. …
Persistent link: https://www.econbiz.de/10012654413
traditionally used in forestry economics reflect. This essay analyses some challenges of accounting for such complexity. When forest …
Persistent link: https://www.econbiz.de/10011325134
The Charter for Wood 2.0 (CfW 2.0) aims to increase the contribution of forestry and forest-based industries to climate … change mitigation; maintain and improve value creation and competitiveness of the forestry and wood cluster; and conserve …
Persistent link: https://www.econbiz.de/10011993050
contradict conventional wisdom in forestry, we believe that this report contributes valuable insights to the continued efforts to … further sustainable forestry in Tanzania. We begin by outlining the global ideals of participatory forestry. We then present … before concluding with some general recommendations for improving participatory forestry policy and guidelines. …
Persistent link: https://www.econbiz.de/10012174683
evaluated the sales expectations of forestry related biotechnological applications within the domestic forestry cluster itself …, other potential domestic industries and global export markets. The third step assessed whether the development of forestry … represents the beginning of the value chain : forestry applications. Module 2 consists of the development of wood products …
Persistent link: https://www.econbiz.de/10010285219
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/10010270560
The structure of this working paper is as follows. In the first part after the introduction, the theory underlying the …
Persistent link: https://www.econbiz.de/10010308989