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Agricultural landowners’ response to incentives for afforestation

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  • Kim, Taeyoung
  • Langpap, Christian

Abstract

Previous research has shown that afforestation of agricultural land is a relatively low-cost option compared to energy-based approaches for mitigating net carbon dioxide emissions, and that financial incentives affect landowner behavior and can be used to increase carbon sequestration on private land. In this paper we use stated preference data from private landowners in the Pacific Northwest region of the U.S. to examine the key factors affecting participation in an incentive program for carbon sequestration through afforestation. We also estimate the corresponding potential for carbon sequestration and its cost. Our results suggest that incentive payments would significantly and positively affect landowners’ level of enrollment in a tree planting program.

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  • Kim, Taeyoung & Langpap, Christian, 2016. "Agricultural landowners’ response to incentives for afforestation," Resource and Energy Economics, Elsevier, vol. 43(C), pages 93-111.
  • Handle: RePEc:eee:resene:v:43:y:2016:i:c:p:93-111
    DOI: 10.1016/j.reseneeco.2015.11.004
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    Cited by:

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    2. Kaine, Geoff & Edwards, Peter & Polyakov, Maksym & Stahlmann-Brown, Philip, 2023. "Who knew afforestation was such a challenge? Motivations and impediments to afforestation policy in New Zealand," Forest Policy and Economics, Elsevier, vol. 154(C).
    3. Chuang, Tsai-Jen & Yen, Tian-Ming, 2017. "Public views on the value of forests in relation to forestation projects—A case study in central Taiwan," Forest Policy and Economics, Elsevier, vol. 78(C), pages 173-179.
    4. Chang, Hung-Hao & Lee, Brian & Hsieh, Yi-Ting, 2021. "Participation in afforestation programs and the distribution of forest farm income," Forest Policy and Economics, Elsevier, vol. 129(C).
    5. Donggeun Han & Donghee Yoo & Taeyoung Kim, 2023. "Analysis of social welfare impact of crop pest and disease damages due to climate change: a case study of dried red peppers," Palgrave Communications, Palgrave Macmillan, vol. 10(1), pages 1-13, December.

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    More about this item

    Keywords

    Afforestation; Carbon sequestration; Carbon supply function; Incentives; Stated preference;
    All these keywords.

    JEL classification:

    • Q23 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Forestry
    • Q28 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Government Policy
    • Q54 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Climate; Natural Disasters and their Management; Global Warming

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