Deforestation and Forest Land Use: A Comment
Hyde, Amacher, and Magrath (1996) imply that deforestation and timber rents (logging revenue minus logging costs other than timber fees) are not subjects that justify policymakers' attention, arguing that market responses limit the scope of deforestation and that rents are usually small. But they fail to recognize that land markets will not develop efficiently, nor will efficient levels of forestry investments occur, when policy distortions and other factors obstruct the conversion of open-access forests to private or communal ownership. For these reasons rates of deforestation can be far above optimal levels. Contrary to the authors' claims, timber rents often (although not always) are large in developing countries. Moreover, the allocation of rents between loggers and the government owners of public forests can indeed affect the profitability of forestry (and thus deforest ation), the intensity of timber harvesting, and national welfare. Copyright 1998 by Oxford University Press.
Volume (Year): 13 (1998)
Issue (Month): 1 (February)
|Contact details of provider:|| Postal: Oxford University Press, Great Clarendon Street, Oxford OX2 6DP, UK|
Phone: (202) 477-1234
Fax: 01865 267 985
Web page: http://wbro.oxfordjournals.org/
More information through EDIRC
|Order Information:||Web: http://www.oup.co.uk/journals|
References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- William D. Nordhaus, 1992. "Lethal Model 2: The Limits to Growth Revisited," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 23(2), pages 1-60.
- Hyde, William F & Amacher, Gregory S & Magrath, William, 1996. "Deforestation and Forest Land Use: Theory, Evidence, and Policy Implications," World Bank Research Observer, World Bank Group, vol. 11(2), pages 22348-22348, August.
- Page, John M., Jr. & Pearson, Scott R. & Leland, Hayne E., 1976. "Capturing Economic Rent From Ghanaian Timber," Food Research Institute Studies, Stanford University, Food Research Institute, issue 01.
- William F. Hyde & Roger A. Sedjo, 1992. "Managing Tropical Forests: Reflections on the Rent Distribution Discussion," Land Economics, University of Wisconsin Press, vol. 68(3), pages 343-350.
- Peter Berck, 1979. "The Economics of Timber: A Renewable Resource in the Long Run," Bell Journal of Economics, The RAND Corporation, vol. 10(2), pages 447-462, Autumn.
- Jeffrey R. Vincent, 1990. "Rent Capture and the Feasibility of Tropical Forest Management," Land Economics, University of Wisconsin Press, vol. 66(2), pages 212-223.
When requesting a correction, please mention this item's handle: RePEc:oup:wbrobs:v:13:y:1998:i:1:p:133-40. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Oxford University Press)or (Christopher F. Baum)
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 references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link 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 profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.