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Assessing The Viability Of Future And Recently Established Exotic Forests In New Zealand

Author

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  • Yao, Richard
  • Harrison, Duncan
  • Barry, Luke E.
  • Bradley, Tom

Abstract

This study examined the benefits of establishing exotic Pinus radiata forests in New Zealand. In the first part of the study, a sensitivity analysis was carried out by using an existing afforestation data set to identify the factors affecting the private benefit of establishing exotic forests on marginal land. In the second part, a spatial economic framework was used to examine the private and public benefits from forests that were established between 1996 and 2009. Results indicate that recently established forests in less productive land provide lower private benefit but higher public benefit than forests established in more productive land.

Suggested Citation

  • Yao, Richard & Harrison, Duncan & Barry, Luke E. & Bradley, Tom, 2013. "Assessing The Viability Of Future And Recently Established Exotic Forests In New Zealand," 2013 Conference, August 28-30, 2013, Christchurch, New Zealand 160564, New Zealand Agricultural and Resource Economics Society.
    • Handle: RePEc:ags:nzar13:160564
    DOI: 10.22004/ag.econ.160564
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    References listed on IDEAS

    as
    1. Barry, Luke E. & Yao, Richard T. & Paragahawewa, Upananda Herath & Harrison, D.R., 2012. "Where and how can policy encourage afforestation to avoid soil erosion?," 2012 Conference, August 31, 2012, Nelson, New Zealand 136042, New Zealand Agricultural and Resource Economics Society.
    2. David J. Pannell, 2008. "Public Benefits, Private Benefits, and Policy Mechanism Choice for Land-Use Change for Environmental Benefits," Land Economics, University of Wisconsin Press, vol. 84(2), pages 225-240.
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    Cited by:

    1. Yao, Richard T. & Harrison, Duncan R. & Velarde, Sandra J. & Barry, Luke E., 2016. "Validation and enhancement of a spatial economic tool for assessing ecosystem services provided by planted forests," Forest Policy and Economics, Elsevier, vol. 72(C), pages 122-131.

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    More about this item

    Keywords

    Crop Production/Industries; Demand and Price Analysis; Environmental Economics and Policy; Land Economics/Use; Production Economics;
    All these keywords.

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