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Forests in northern Sweden are used for both timber production and reindeer grazing. Negative externalities and open access effects threaten the ability of the region to sustain economic benefits from these uses. Adiscrete time simulation for three municipalities in northern Sweden suggests that...
Persistent link: https://www.econbiz.de/10005038534
Resource accounting involves complementing conventional national accounts with changes in environmental and natural resource capital valued in monetary terms. By adopting the Ramsey device of "Bliss", we derive a theoretically consistent environmentally adjusted NDP (Net Domestic Product)...
Persistent link: https://www.econbiz.de/10005651530
This paper focuses on problems associated with nonresponse in Contingent Valuation surveys. The results from a telephone follow-up survey show that value inference can be considerably improved by information on nonrespondents' attitudes. Copyright Kluwer Academic Publishers 1996
Persistent link: https://www.econbiz.de/10005684168
Welfare change estimates obtained from discrete-response contingent valuation experiments normally assume a particular distribution of willingness-to-pay (W TP).U sing conventional microeconomic theory, we derive upper and lower bounds on such estimates. These bounds are interpreted...
Persistent link: https://www.econbiz.de/10008546303
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A conceptual model links agricultural profits, capital gains, interest rates, and property taxes to the sale of agricultural land by profit-maximizing owners. The model motivates an empirical analysis of New Jersey data from 1949 to 1990. Results suggest that nonagricultural considerations may...
Persistent link: https://www.econbiz.de/10005513670
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A major strategy to combat deforestation caused by household fuel collection has been the establishment of plantations, especially in India. A household model is specified with a number of collection possibilities and analyzed empirically using household, vegetation, and GIS data, and the...
Persistent link: https://www.econbiz.de/10005038512
Gold is frequently mined in rainforests that can provide either gold or forest benefits, but not both. This conflict in resource use occurs in Ghana, a developing country in the tropics where the capital needed for mining is obtained from foreign direct investment (FDI). We use a dynamic model...
Persistent link: https://www.econbiz.de/10005651756