This paper uses the Hartman rotation framework to examine the optimal rotation age of public harvesting, when private and public stands may be interdependent in the provision of amenity services. The interaction between private and public agents is modeled as a two-stage game, where in the first...

This paper analyzez socially optimal forest taxation when the government has a binding tax revenue requirement. In the Faustmann model the optimal design of forest taxation consists of non-distortionary taxes, such as site productivity tax, site value tax or profit tax.

This paper studies the impact of harvesting, property and profit taxes on private rotation age in an ongoing rotations model, where the private forest owner is interested not only in the present value of harvest revenue, but also in the amenity services provided by the forest stand.

The Hartman rotation framework augmented with an endogenous private and an exogenous adjacent forest stand is used to re-examine the optimal rotation age, when both stands may be spatially and temporally interdependent in the provision of amenity services.

Agriculture’s impact on climate change is unambiguous although its role is multifaceted as it is a source of greenhouse gases but also a sink. It’s feasibility to mitigate climate change has raised interest, but thorough studies about the net benefits of the mitigation practices are needed....