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Optimal Forest Management When Logging Damages and Costs Differ between Logging Practices
Indrajaya, Yonky; Van der Werf, Edwin; Ierland, Ekko C. van - 2021
Papers on optimal harvesting regimes for maximizing land expectation value (LEV) that compare different logging practices often ignore differences in variable costs and in damages on the residual stand between logging practices. We use data on a multi-age, multi-species forest in East-Kalimantan...
Persistent link: https://www.econbiz.de/10013315634
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Faustmann and the Climate
Hoel, Michael; Holtsmark, Bjart; Holtsmark, Katinka Kristine - 2021
The paper presents an adjusted Faustmann Rule for optimal harvest of a forest when there is a social cost of carbon emissions. The theoretical framework takes account of the dynamics and interactions of forests’ multiple carbon pools and assumes an infinite time horizon. Our paper provides a...
Persistent link: https://www.econbiz.de/10013315853
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The Effect of Forest Access on the Market for Fuelwood in India
Bošković, Branko - 2018
Fuelwood collection is often cited as the most important cause of deforestation in developing countries. Use of fuelwood in cooking is a leading cause of indoor air pollution. Using household data from India, we show that households located farther away from the forest spend more time...
Persistent link: https://www.econbiz.de/10012914608
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Wealth Inequality and Externalities from Ex Ante Skill Heterogeneity
Angelopoulos, Konstantinos - 2017
This paper develops an incomplete markets model with state dependent (Markovian) stochastic earnings processes and ex ante skill heterogeneity corresponding to being university educated or not. Using the Wealth and Assets Survey for Great Britain, we find that the university educated group has...
Persistent link: https://www.econbiz.de/10012949580
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Transboundary Externalities and Reciprocal Taxes : A Differential Game Approach
Mason, Charles F. - 2017
I investigate the interaction between a country that imports a commodity whose production contributes to a stock pollution, such as electricity, from a country that produces that commodity. If the transboundary externality is priced improperly, the application of a feed-in tariff or border tax...
Persistent link: https://www.econbiz.de/10012950297
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How Large are Road Traffic Externalities in the City? The Highway Tunneling in Maastricht, the Netherlands
Tijm, Joep - 2018
and to reduce traffic externalities. As travel times within the city hardly changed, this allows for a clean … identification of the value of traffic externalities. We find that the liveability benefits of such integrated infrastructure are …
Persistent link: https://www.econbiz.de/10012914613
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Too Slow a Change? Deep Habits, Consumption Shifts and Transitory Tax Policy
van den Bijgaart, Inge - 2018
Habits are an important cause of sluggish consumption adjustment in response to price shocks. This paper studies shifts within the consumption bundle under endogenous habit formation. I put forward a model with good-specific, or 'deep', habits that cause persistence in good-specific consumption....
Persistent link: https://www.econbiz.de/10012918060
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Integration, Mobility, and Human Capital Formation
Haupt, Alexander - 2010
capital externalities, integration and the ensuing agglomeration of skilled labour can cause a decline in human capital and …
Persistent link: https://www.econbiz.de/10013137447
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Fiscal Federalism and Electoral Accountability
Aidt, Toke - 2010
. We identify an important asymmetry between positive and negative externalities and show that centralization may not be … efficient in economies with positive externalities even when regions are identical and centralization does not entail a loss of … accountability. We also show that decentralization can only Pareto dominate centralization in economies with negative externalities …
Persistent link: https://www.econbiz.de/10013144284
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International Portability of Health-Cost Cover : Mobility, Insurance, and Redistribution
Werding, Martin - 2012
Public health insurance and other arrangements covering health-costs effectively provide insurance against changes in health status. These arrangements engage in burden-smoothing over the life cycle and entail various elements of redistribution. Lack of portability regarding this type of cover...
Persistent link: https://www.econbiz.de/10013099566