Every year from 2000 to 2010, our planet lost native forests roughly the size of Costa Rica (FAO 2010). This rapid deforestation has dramatically changed the chemical composition of the world’s atmosphere, the level of biodiversity, and the presence of vegetation key to maintaining watershed...

This study presents a model that determines the effect of current and future payments for carbon sequestration, proportion of wood that sequesters carbon in long-lived product and landfills, and amount of carbon in the wood, on the optimal current forest harvest age. Increased current and future...

By using ad hoc value transfer protocols, this paper offers a methodological contribution and provides accurate per hectare estimates of the economic value of some selected ecosystem services for all forest biomes in the world, identified following the Millennium Ecosystem Assessment taxonomy...

The central issue addressed in this paper is whether geographic indication (GI) can be applied as a tool to encourage some furniture industries and teak producers to take collective action to improve teak product quality and increase global market competitiveness. This paper explores the...

Since the 1970s world trade in unprocessed wood or preprocessed wood reached a stable level between 150 and 200 million m3, while, since 1985, world consumption varies between 3.2 and 3.4 billion m3 annually1. Thus, woodwork networks seem to be caught between two worlds with virtually...

En prenant comme modèle la production et le commerce international des bois tropicaux, cet article analyse la mondialisation. Dans un premier temps les forêts tropicales sont resituées face à l’évolution des activités humaines et des opinions publiques. Contrairement aux idées recues,...

The implementation of nature conservation policy in the EU is often based on contracts between public authorities and landowners. We model these contracts in the presence of adverse selection and moral hazard when the outcome is uncertain. The results show that agents, who have high probability...

In this paper we review a number of methodological challenges of evaluating and designing economic instruments aimed at biodiversity conservation and ecosystem services provision in the context of an existing policy mix. In the context of the EU 2010 goal of halting biodiversity loss,...

The paper reviewed the methods in use for the economic valuation of Non-timber forest products. In the main, three methods are used. They are direct market price, indirect market price and non-market estimates. No method is superior to the other but appropriate method of valuation depends on the...