IDEAS home Printed from https://ideas.repec.org/p/ags/ualbsp/232542.html
   My bibliography  Save this paper

Canadian Forest Tenures as Incentive Frameworks for the Silvicultural Expenditures of Private Firms

Author

Listed:
  • Luckert, Martin K.
  • Haley, David

Abstract

In Canada, where most forest lands are publicly owned, forest management responsibilties are delegated to the private sector through licensing arrangements which grant limited usufructuary rights. In order to ensure that public silvicultural goals are met on licensed public lands, various policy instruments have been adopted. These include contractual requirements, the reimbursement of silvicultural costs and investment incentives in the form of shares in the value of timber crops resulting from voluntary silvicultural activites. In this paper, the impacts of these alternative arrangements on the investment behaviour of private forest companies is analyzed, welfare losses are identified and policy implications are discussed.

Suggested Citation

  • Luckert, Martin K. & Haley, David, 1993. "Canadian Forest Tenures as Incentive Frameworks for the Silvicultural Expenditures of Private Firms," Staff Paper Series 232542, University of Alberta, Department of Resource Economics and Environmental Sociology.
    • Handle: RePEc:ags:ualbsp:232542
    DOI: 10.22004/ag.econ.232542
    as

    Download full text from publisher

    File URL: https://ageconsearch.umn.edu/record/232542/files/ualberta-staffpapers-93-01.pdf
    Download Restriction: no
    File URL: https://libkey.io/10.22004/ag.econ.232542?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Martin Luckert & Wiktor Adamowicz, 1993. "Empirical measures of factors affecting social rates of discount," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 3(1), pages 1-21, February.
    2. Markandya, Anil & Pearce, David W, 1991. "Development, the Environment, and the Social Rate of Discount," The World Bank Research Observer, World Bank, vol. 6(2), pages 137-152, July.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Norman Henderson & Ian Bateman, 1995. "Empirical and public choice evidence for hyperbolic social discount rates and the implications for intergenerational discounting," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 5(4), pages 413-423, June.
    2. Heinzel, Christoph & Winkler, Ralph, 2006. "Gradual versus structural technological change in the transition to a low-emission energy industry: How time-to-build and differing social and individual discount rates influence environmental and tec," Dresden Discussion Paper Series in Economics 09/06, Technische Universität Dresden, Faculty of Business and Economics, Department of Economics.
    3. Ferda Halicioglu & Cevat Karatas, 2011. "Estimation of Economic Discounting Rate for Practical Project Appraisal: The Case of Turkey," Journal of Developing Areas, Tennessee State University, College of Business, vol. 45(1), pages 155-166, July-Dece.
    4. Chernyavs'ka, Liliya & Gullì, Francesco, 2010. "Measuring the environmental benefits of hydrogen transportation fuel cycles under uncertainty about external costs," Energy Policy, Elsevier, vol. 38(10), pages 5335-5345, October.
    5. Christian Azar, 1998. "Are Optimal CO 2 Emissions Really Optimal?," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 11(3), pages 301-315, April.
    6. Mark Schreiner & Jacob Yaron, 2001. "Development Finance Institutions : Measuring Their Subsidy," World Bank Publications - Books, The World Bank Group, number 13983, December.
    7. Rennings, Klaus & Koschel, Henrike & Brockmann, Karl Ludwig & Kuhn, Isabel, 1999. "A regulatory framework for a policy of sustainability: lessons from the neo-liberal school," Ecological Economics, Elsevier, vol. 28(2), pages 197-212, February.
    8. Vörös, Tünde, 2017. "Költség-haszon elemzési keretrendszer sportberuházások társadalmi-gazdasági értékeléséhez [An economic framework for cost-benefit analysis of sports facilities]," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(4), pages 394-420.
    9. Johan Eyckmans & Sam Fankhauser & Snorre Kverndokk, 2016. "Development Aid and Climate Finance," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 63(2), pages 429-450, February.
    10. Fischer, Carolyn, 1999. "Read This Paper Even Later: Procrastination with Time-Inconsistent Preferences," Discussion Papers 10725, Resources for the Future.
    11. Romina Cavatassi, 2004. "Valuation Methods for Environmental Benefits in Forestry and Watershed Investment Projects," Working Papers 04-01, Agricultural and Development Economics Division of the Food and Agriculture Organization of the United Nations (FAO - ESA).
    12. Hamilton, Kirk & Stover, Jana, 2012. "Economic analysis of projects in a greenhouse world," Policy Research Working Paper Series 6117, The World Bank.
    13. Neumayer, Eric, 1999. "Global warming: discounting is not the issue, but substitutability is," Energy Policy, Elsevier, vol. 27(1), pages 33-43, January.
    14. Mark A. White, 1996. "Environmental Finance: Value And Risk In An Age Of Ecology," Business Strategy and the Environment, Wiley Blackwell, vol. 5(3), pages 198-206, September.
    15. Monika Foltyn-Zarychta, 2021. "Future-Generation Perception: Equal or Not Equal? Long-Term Individual Discount Rates for Poland," Energies, MDPI, vol. 14(24), pages 1-19, December.
    16. Pálinkó, Éva & Szabó, Márta, 2012. "Application of Social Discount Rate in Public Projects," Public Finance Quarterly, Corvinus University of Budapest, vol. 57(2), pages 184-199.
    17. Horowitz, John K., 1995. "Environmental Policy Under a Non-Market Discount Rate," Working Papers 197828, University of Maryland, Department of Agricultural and Resource Economics.
    18. Heinrich, G. & Howells, M. & Basson, L. & Petrie, J., 2007. "Electricity supply industry modelling for multiple objectives under demand growth uncertainty," Energy, Elsevier, vol. 32(11), pages 2210-2229.
    19. Dagenais, Denyse L., 1995. "L’économiste et les confitures," L'Actualité Economique, Société Canadienne de Science Economique, vol. 71(3), pages 277-290, septembre.
    20. Ko, Jae-Young & Day, John W. & Lane, Robert R. & Day, Jason N., 2004. "A comparative evaluation of money-based and energy-based cost-benefit analyses of tertiary municipal wastewater treatment using forested wetlands vs. sand filtration in Louisiana," Ecological Economics, Elsevier, vol. 49(3), pages 331-347, July.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ags:ualbsp:232542. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: AgEcon Search (email available below). General contact details of provider: https://edirc.repec.org/data/drualca.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.