This paper analyzes the design of agri-environmental policy, when the available instruments are simultaneously chosen so as to maximize society's target function. The instruments to be analyzed include the acreage subsidy targeting income support, the fertilizer tax, and the buffer-strip subsidy...

This paper analyzes a local pollution problem in a club framework. Polluting firms and their labor force form a system of cities. Emissions are created as a byproduct by the firm, and the deterioration of the environment is suffered by the residents of the city. The model has two types of...

This paper analyzez 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.

This paper studies the impact of harvesting, property and profit taxes on private rotation age in an ongoing rotations model, where the private forest owner is interested not only in the present value of harvest revenue, but also in the amenity services provided by the forest stand.

The Hartman rotation framework augmented with an endogenous private and an exogenous adjacent forest stand is used to re-examine the optimal rotation age, when both stands may be spatially and temporally interdependent in the provision of amenity services.

This paper studies the formation of forest conservation policy when the government is influenced by an environmental lobby and an industrial lobby representing a non-competitive forest industry. Lobbying is modelled as a common agency game which is extended to allow for asymmetries in lobbying...

We incorporate a renewable resource into an overlapping generations model with standard, well-behaved utility and constant returns to scale production functions. Besides being a factor of production the resource serves as a store of value. We characterize dynamics, efficiency and stability of...

We study the multifunctional character of agriculture based on the fact that agriculture produces jointly a number of food and non-food products. We augment the model of private agriculture with endogenous input and land allocation to include biodiversity, landscape amenity, and chemical runoff.