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of deforestation. Interestingly, we show that uncertainty, even if it induces conversion postponement in the short …-run, increases the average rate of deforestation and reduces expected time for total conversion in the long run. Finally, we … illustrate our findings through some numerical simulations. -- Optimal Stopping ; Deforestation ; Payments for Environmental …
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Motivated by the conclusions from various modelling studies, modifications to the bioenergy sector regulations are under way in Europe and in the USA to account for emissions from indirect land-use change (ILUC). Despite their influence on the policy-making, evaluations of the capacity of...
Persistent link: https://www.econbiz.de/10009628101
Agricultural holdings have a very important role for the sustainable socio-economic development. Contemporary, the farms` activity is mainly determined by the market mechanism. Market imposes rules on agricultural holdings` functioning, on both the type and the scale of agricultural activities,...
Persistent link: https://www.econbiz.de/10011565567
Bioenergy is a major source of energy in developing countries. However, increasing demand for agricultural commodities can lead to a stronger competition for natural resources with the bioenergy production. The nexus among energy, food production and natural resource use may result in trade-offs...
Persistent link: https://www.econbiz.de/10011437899
This study adapts a relatively novel model of off-farm labor supply to the changing conditions of Bulgaria during the 1990s. The model's parameters are estimated separately for each of the three different waves of the Bulgarian Integrated Household Survey, each reflecting remarkably different...
Persistent link: https://www.econbiz.de/10003355652
This study provides an estimation of the causal relationship between the reduction in malaria transmission and farmer agricultural productivity. Exploiting exogenous geographic variations in the stability of malaria and using historical disaggregated county data for the US together with a robust...
Persistent link: https://www.econbiz.de/10012404447
We develop a discrete-choice model of differentiated products for U.S. corn and soybean seed demand to study the welfare impact of genetically engineered (GE) crop varieties. Using a unique dataset spanning the period 1996-2011, we find that the welfare impact of the GE innovation is...
Persistent link: https://www.econbiz.de/10012900404