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Old-growth boreal forests: Worth protecting for biodiversity?

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  • Juutinen, Artti
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    Bibliographic Info

    Article provided by Elsevier in its journal Journal of Forest Economics.

    Volume (Year): 14 (2008)
    Issue (Month): 4 (November)
    Pages: 242-267

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    Handle: RePEc:eee:foreco:v:14:y:2008:i:4:p:242-267

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    Related research

    Keywords: Species diversity Forest conservation Socially optimal rotation age;

    References

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    1. Brock,W. & Xepapadeas,A., 2001. "Valuing biodiversity from an economic perspective : a unified economic, ecological and genetic approach," Working papers 17, Wisconsin Madison - Social Systems.
    2. Markku Ollikainen & Erkki Koskela, 2001. "Optimal Private and Public Harvesting under Spatial and Temporal Interdependence," CESifo Working Paper Series 452, CESifo Group Munich.
    3. Stephen Polasky & Jeffrey D. Camm & Brian Garber-Yonts, 2001. "Selecting Biological Reserves Cost-Effectively: An Application to Terrestrial Vertebrate Conservation in Oregon," Land Economics, University of Wisconsin Press, vol. 77(1), pages 68-78.
    4. Strang, William J, 1983. "On the Optimal Forest Harvesting Decision," Economic Inquiry, Western Economic Association International, vol. 21(4), pages 576-83, October.
    5. Bowes, Michael D. & Krutilla, John V., 1985. "Multiple use management of public forestlands," Handbook of Natural Resource and Energy Economics, in: A. V. Kneese† & J. L. Sweeney (ed.), Handbook of Natural Resource and Energy Economics, edition 1, volume 2, chapter 12, pages 531-569 Elsevier.
    6. Creedy, John & Wurzbacher, Anke D., 2001. "The economic value of a forested catchment with timber, water and carbon sequestration benefits," Ecological Economics, Elsevier, vol. 38(1), pages 71-83, July.
    7. Elizabeth Marshall & Frances Homans & Robert Haight, 2000. "Exploring Strategies for Improving the Cost Effectiveness of Endangered Species Management: The Kirtland's Warbler as a Case Study," Land Economics, University of Wisconsin Press, vol. 76(3), pages 462-473.
    8. Weitzman, M.L., 1991. "On Diversity," Harvard Institute of Economic Research Working Papers 1553, Harvard - Institute of Economic Research.
    9. Weitzman, Martin L, 1993. "What to Preserve? An Application of Diversity Theory to Crane Conservation?," The Quarterly Journal of Economics, MIT Press, vol. 108(1), pages 157-83, February.
    10. Andrew Metrick & Martin L. Weitzman, 1998. "Conflicts and Choices in Biodiversity Preservation," Journal of Economic Perspectives, American Economic Association, vol. 12(3), pages 21-34, Summer.
    11. Weitzman, M.L., 1992. "Diversity Functions," Harvard Institute of Economic Research Working Papers 1610, Harvard - Institute of Economic Research.
    12. Chris M. Alaouze, 2004. "The Effect of Conservation Value on the Optimal Forest Rotation," Land Economics, University of Wisconsin Press, vol. 80(2), pages 209-223.
    13. Stephen K. Swallow & Piyali Talukdar & David N. Wear, 1997. "Spatial and Temporal Specialization in Forest Ecosystem Management Under Sole Ownership," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 79(2), pages 311-326.
    14. Swallow, Stephen K. & Parks, Peter J. & Wear, David N., 1990. "Policy-relevant nonconvexities in the production of multiple forest benefits," Journal of Environmental Economics and Management, Elsevier, vol. 19(3), pages 264-280, November.
    15. Martin L. Weitzman, 1998. "The Noah's Ark Problem," Econometrica, Econometric Society, vol. 66(6), pages 1279-1298, November.
    16. Montgomery, Claire A. & Pollak, Robert A. & Freemark, Kathryn & White, Denis, 1999. "Pricing Biodiversity," Journal of Environmental Economics and Management, Elsevier, vol. 38(1), pages 1-19, July.
    17. Hans-Peter Weikard, 2002. "Diversity Functions and the Value of Biodiversity," Land Economics, University of Wisconsin Press, vol. 78(1), pages 20-27.
    18. Koskela, Erkki & Ollikainen, Markku & Pukkala, Timo, 2007. "Biodiversity policies in commercial boreal forests: Optimal design of subsidy and tax combinations," Forest Policy and Economics, Elsevier, vol. 9(8), pages 982-995, May.
    19. Swallow Stephen K. & Wear David N., 1993. "Spatial Interactions in Multiple-Use Forestry and Substitution and Wealth Effects for the Single Stand," Journal of Environmental Economics and Management, Elsevier, vol. 25(2), pages 103-120, September.
    20. Nehring,K. und C.Puppe, 1999. "A Theory of Diversity," Discussion Paper Serie A 605, University of Bonn, Germany.
    21. Nalle, Darek J. & Montgomery, Claire A. & Arthur, Jeffrey L. & Polasky, Stephen & Schumaker, Nathan H., 2004. "Modeling joint production of wildlife and timber," Journal of Environmental Economics and Management, Elsevier, vol. 48(3), pages 997-1017, November.
    22. Anne-Sophie Crépin, 2003. "Multiple Species Boreal Forests – What Faustmann Missed," Environmental & Resource Economics, European Association of Environmental and Resource Economists, vol. 26(4), pages 625-646, December.
    23. Hampicke, Ulrich, 2001. "Remunerating nature conservation in central European forests: scope and limits of the Faustmann-Hartman approach," Forest Policy and Economics, Elsevier, vol. 2(2), pages 117-131, June.
    24. Mark E. Lichtenstein & Claire A. Montgomery, 2003. "Biodiversity and Timber in the Coast Range of Oregon: Inside the Production Possibility Frontier," Land Economics, University of Wisconsin Press, vol. 79(1), pages 56-73.
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    Cited by:
    1. Juutinen, Artti & Mäntymaa, Erkki & Ollikainen, Markku, 2013. "Landowners’ conservation motives and the size of information rents in environmental bidding systems," Journal of Forest Economics, Elsevier, vol. 19(2), pages 128-148.

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