Tee, James; Scarpa, Riccardo; Marsh, Dan; Guthrie, Graeme - International Association of Agricultural Economists - IAAE - 2012
Under the New Zealand Emissions Trading Scheme, new forests planted on/after 1st January 1990 can earn carbon credits. These credits have to be repaid upon forest harvest. This paper analyses the effects of this carbon scheme on the valuation of bareland, on which radiata pine is to be planted....