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This study presents a model that determines the effect of current and future payments for carbon sequestration, proportion of wood that sequesters carbon in long-lived product and landfills, and amount of carbon in the wood, on the optimal current forest harvest age. Increased current and future...
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This paper contrasts alternate methodological approaches of investigating public preferences, the random parameter logit (RPL) where tastes and preferences of respondents are assumed to be heterogeneous and the conditional logit (CL) approach where tastes and preferences remain fixed for...
Persistent link: https://www.econbiz.de/10011039534
This article analyzes the impacts of different levels of forest productivity scenarios, disturbance risk, and salvageable rates resulting from climate change on the economics of loblolly pine in the southern United States. Potential adaptation strategies examined include reduction in planting...
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