| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 6545103 | Forest Policy and Economics | 2012 | 7 Pages |
Abstract
⺠Uncertainties, irreversibility, and externalities are modeled in Land use decisions. ⺠Treating forests benefits as stochastic results in higher optimal forest stocks. ⺠Sub-optimal decision result from not considering global environmental externalities. ⺠Climate change effect on agriculture leads to lower optimal forest stock. ⺠Higher social discount rates encourage deforestation over preservation.
Related Topics
Life Sciences
Agricultural and Biological Sciences
Forestry
Authors
Hiywot Menker Girma, Rashid M. Hassan, Greg Hertzler,