Amacher, G.S. Koskela, E. Ollikainen, M. Conway, M.C.
Abstract
This paper extends the overlapping generations model of the forest sector with the one-sided altruism to study the conditions under which monetary and/or timber bequests are operative. The paper departs from the general public finance literature by assuming nonindustrial landowners have preferences for consumption and for amenities from unharvested forest stock.
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Length: 29 pages Date of creation: 1999 Date of revision: Handle: RePEc:fth:helsec:454
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