This research explores the activities of community institutions in achieving sustainable forest management (SFM) and sustained forest cover. Three institutions representing the administrative, economic, and social/traditional institutions were identified. The institutions had 30 forest...

Natural regeneration is sometimes sufficient for forests and other plant communities to recover after a disturbance. In the case of severe disturbances, however, this is unlikely to be true. Natural regeneration may occur in such cases but the rate is likely to be very slow. Hence, some form of...

This paper tests a geography and growth model using regional data for Europe, the US, and Japan. We set up a standard geography and growth model with a poverty trap and derive a log-linearized growth equation that corresponds directly to a threshold regression technique in econometrics. In...

Research efforts towards new energy sources and towards the efficiency of energy use will be vital to reducing CO2 abatement costs in the long term. Can such efforts be induced by price instruments? Economists often cite induced technological change as a possible consequence of environmental...

This paper presents and compares several time-series models for returns of broadbased stock indices. These models nest a nonlinear asymmetric GARCH (NGARCH) model as a special case. Some of these models are empirically motivated ad-hoc specifications others are derived from a representative...