Costa Rica pioneered the use of the payments for environmental services (PES) approach in developing countries by establishing a formal, country-wide program of payments, the PSA program. The PSA program has worked hard to develop mechanisms to charge the users of environmental services for the...

Trade liberalization and worldwide economic integration have brought not only an increase in wealth but also in transnational threats. Environmental devastation caused by commercial activities of multinational corporations (MNCs) is one of such threats. While almost all countries have...

Price dynamics for North American oriented strand board (OSB) markets are examined. The role of transactions costs are explored vis-a-vis the law of one price. Weekly data, February 3rd, 1995 through October 9th, 2009, are used in the analysis. Nonlinearities induced by unobservable transactions...

In resource accounting, simple theoretical models built upon efficiency prices have been developed to capture changes in social welfare generated by natural resources. We examine whether changes in market stumpage prices, as proxies for efficiency prices, have actually reflected changes in the...

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...

Increasing demand of timber along with the rising concerns towards environment create a need to analyze the management system of forests in Punjab. Both natural and planted forests are present in province of Punjab. They are different in nature and thus have different management plans. This...

Conventional wisdom appears to implicate climate change as the root cause of the unprecedented mountain pine beetle (MPB) outbreak currently underway in the western United States. While climate change is undoubtedly a factor, historic changes in public forest management have resulted in greater...

This paper reports the results of a statistical investigation of the relationship between labor time expended in rural livelihoods, social structure, and community forest management. The object is to understand the impact of labor constraints to collective action. There are three main results....

This paper examines the effects of deforestation on the welfare of rural communities in the Congo Basin. Using moment conditions of agricultural and forest exploitations, findings indicate deforestation significantly improves welfare both at overall-rural and agricultural household per capita...