Concessions that grant logging rights to firms support economic development, based on forest resources. Eco-certifications place sustainability restrictions on the operation of such logging concessions. Using a spatially detailed panel and new DID estimators, we estimate the 2002-2018 impacts on...

This study aims to reveal the connection between corruption and shadow economy, on one hand, and deforestation, on the other. The research considers 131 countries from all over the world, in the timeframe between the years 2012 and 2020, and it reveals that corruption and shadow economy...

We study the effect that neighboring parties have on the economic rents from owingthe rights to a natural resource. Our application uses winning bid prices from state timberauctions in three western states. We model and show how differing nearby neighbors increasethe costs and risks associated...

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...

The current literature on optimal forest rotation makes the unrealistic assumption of constant interest rate though harvesting decisions of forest stands are typically subject to long time horizons. We apply the Wicksellian single rotation framework to cover the unexplored case of variable and...

This paper extends the Hartman model to study the optimal rotation age of two interdependent stands when the stream of amenities produced from the two stands may be complements or substitutes, both in space and over time. In the presence of stand interdependence both the ownership structure and...

This paper extends the Hartman model to include the case where two adjacent stands may be interdependent in the provision of amenity services. We show first that the relationship between the focal and exogenous rotation age depends on the nature of their temporal interdependence, i.e., on what...

We study the socially optimal design of forest royalty and enforcement instruments in the case where concessions are allocated by a government, illegal logging incentives are present, and the government has available both area-based and value-based royalty instruments. When harvesters are risk...

In this paper, we rank the relative importance of the exogenous parameters upon the optimal harvesting size in a stochastic rotation problem. We show that when the tree growth follows geometric Brownian motion, the harvesting size is most elastic to the harvesting cost, followed by the interest...

"Logging in the northern forest has been romanticized, with images of log drives, plaid shirts, and bunkhouses in wide circulation. Increasingly dismissed as a quaint, rural pastime, logging remains one of the most dangerous jobs in the United States, with loggers occupying a precarious position...

The objective of the EU Timber Regulation (EUTR), enforced since March 2013, is for importers and exporters to commit to reducing the risk of trading timber products from illegal sources in the EU. EUROSTAT time series on monthly trade with wood products from January 1988 to August 2016 were...

The scale and impacts of the illegal logging economy are an important and interesting area of research, which suffers from data deficiency that makes the analysis a challenging task, especially in developing countries. The present study is an attempt to estimate the illegal wood harvest from...

This briefing paper is organised with the following sections:1. FDI arrangements for investment, milling, training, proportion of foreign staff2. Unregistered and unapproved changes in ownership structure of the Asian companies/trading of logging concessions3. Illegal renting and managerial...

Years of rapid and indiscriminate logging of Philippine forests, coupled with little reforestation, have led to more frequent, widespread, and damaging natural disasters, such as floods, landslides, and other environmental damages. With strong political will and noble intentions, President...

Illegal Logging is one of the major global causes for deforestation and the degradation of forests. The further manufacturing of illegally logged wood and products made thereof as well as the associated trade has also negative social and economic effects on both sides of the wood markets, the...

Our goal is to predict which forests are harvestable in New Zealand each year, and the stumpage profits attained from harvesting. We begin by documenting how Motu updates the 2008 Land Use in Rural New Zealand map to match the 2013 National Exotic Forest Description planted forest dataset. We...

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...

This article describes how logging is an important mechanism that is being used in almost all kinds of devices. It is used for tracking events during the running of a software. In this case, programs are developed by the software developers in such a way that whenever an event happens it can be...