Alvarez, Luis H. R. (contributor); … - 2004 - [Elektronische Ressource]
TAXATION AND ROTATION AGE UNDER STOCHASTIC
FOREST STAND VALUE
Luis H. R. Alvarez⁄and Erkki Koskelay
May 6, 2004 … neutrality than under risk aversion.
Keywords: optimal rotation, taxation, stochastic forest value, risk aversion.
JEL Subject … expected rotation period. The same qualitative result holds
in the case of interest rate earnings taxation, while the optimal …