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Forestry and the New Institutional Economics

  • Sen Wang
  • Tim Bogle
  • G. Cornelis van Kooten

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File URL: http://web.uvic.ca/~repa/publications/REPA%20working%20papers/WorkingPaper2012-05.pdf
File Function: Final version, 2012
Download Restriction: no

Paper provided by University of Victoria, Department of Economics, Resource Economics and Policy Analysis Research Group in its series Working Papers with number 2012-05.

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Length: 40 pages
Date of creation: Jul 2012
Date of revision:
Handle: RePEc:rep:wpaper:2012-05
Contact details of provider: Postal: P.O. Box 1700, STN CSC, Victoria, B.C., V8W 2Y2
Phone: (250) 721-8532
Fax: (250) 721-6214
Web page: http://web.uvic.ca/~repa/

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  8. Joskow, Paul L, 1988. "Price Adjustment in Long-term Contracts: The Case of Coal," Journal of Law and Economics, University of Chicago Press, vol. 31(1), pages 47-83, April.
  9. Bardhan, Pranab, 1989. "The new institutional economics and development theory: A brief critical assessment," World Development, Elsevier, vol. 17(9), pages 1389-1395, September.
  10. David E. M. Sappington, 1991. "Incentives in Principal-Agent Relationships," Journal of Economic Perspectives, American Economic Association, vol. 5(2), pages 45-66, Spring.
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  13. Rametsteiner, Ewald, 2002. "The role of governments in forest certification--a normative analysis based on new institutional economics theories," Forest Policy and Economics, Elsevier, vol. 4(3), pages 163-173, July.
  14. David L. Haley, 1985. "The Forest Tenure System as a Constraint on Efficient Timber Management: Problems and Solutions," Canadian Public Policy, University of Toronto Press, vol. 11(s1), pages 315-320, July.
  15. Coase, Ronald H., 1991. "The Institutional Structure of Production," Nobel Prize in Economics documents 1991-1, Nobel Prize Committee.
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  19. Luckert, M.K. (Marty), 2007. "Property rights, forest rents, and trade: The case of US countervailing duties on Canadian softwood lumber," Forest Policy and Economics, Elsevier, vol. 9(6), pages 581-590, February.
  20. Bogle, Tim & van Kooten, G. Cornelis, 2013. "Options for maintaining forest productivity after natural disturbance: A principal–agent approach," Forest Policy and Economics, Elsevier, vol. 26(C), pages 138-144.
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  23. Joesph E. Stiglitz, 1975. "Incentives, Risk, and Information: Notes Towards a Theory of Hierarchy," Bell Journal of Economics, The RAND Corporation, vol. 6(2), pages 552-579, Autumn.
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  25. MacDonald, James M, 1985. "Market Exchange or Vertical Integration: An Empirical Analysis," The Review of Economics and Statistics, MIT Press, vol. 67(2), pages 327-31, May.
  26. Elinor Ostrom, 2000. "Collective Action and the Evolution of Social Norms," Journal of Economic Perspectives, American Economic Association, vol. 14(3), pages 137-158, Summer.
  27. Jensen, Michael C. & Meckling, William H., 1976. "Theory of the firm: Managerial behavior, agency costs and ownership structure," Journal of Financial Economics, Elsevier, vol. 3(4), pages 305-360, October.
  28. Globerman, Steven & Schwindt, Richard, 1986. "The organization of vertically related transactions in the Canadian forest products industries," Journal of Economic Behavior & Organization, Elsevier, vol. 7(2), pages 199-212, June.
  29. George J. Stigler, 1961. "The Economics of Information," Journal of Political Economy, University of Chicago Press, vol. 69, pages 213.
  30. Alston, Lee J & Datta, Samar K & Nugent, Jeffrey B, 1984. "Tenancy Choice in a Competitive Framework with Transactions Costs," Journal of Political Economy, University of Chicago Press, vol. 92(6), pages 1121-33, December.
  31. Mulherin, J Harold, 1986. "Complexity in Long-term Contracts: An Analysis of Natural Gas Contractual Provisions," Journal of Law, Economics and Organization, Oxford University Press, vol. 2(1), pages 105-17, Spring.
  32. R. Glenn Hubbard & Robert J. Weiner, 1990. "Efficient Contracting and Market Power: Evidence from the U.S. Natural Gas Industry," NBER Working Papers 3502, National Bureau of Economic Research, Inc.
  33. Goldberg, Victor P & Erickson, John R, 1987. "Quantity and Price Adjustment in Long-term Contracts: A Case Study of Petroleum Coke," Journal of Law and Economics, University of Chicago Press, vol. 30(2), pages 369-98, October.
  34. Klein, Benjamin, 1988. "Vertical Integration as Organizational Ownership: The Fisher Body-General Motors Relationship Revisited," Journal of Law, Economics and Organization, Oxford University Press, vol. 4(1), pages 199-213, Spring.
  35. Masten, Scott E & Meehan, James W, Jr & Snyder, Edward A, 1991. "The Costs of Organization," Journal of Law, Economics and Organization, Oxford University Press, vol. 7(1), pages 1-25, Spring.
  36. Vedel, Suzanne E. & Lund, Dorthe H. & Jacobsen, Jette B. & Helles, Finn, 2006. "Grants for advisory services in the private Danish forestry sector - A principal-agent approach," Journal of Forest Economics, Elsevier, vol. 12(3), pages 185-199, December.
  37. Bowers, John, 2005. "Instrument choice for sustainable development: an application to the forestry sector," Forest Policy and Economics, Elsevier, vol. 7(1), pages 97-107, January.
  38. Holmstrom, Bengt & Milgrom, Paul, 1994. "The Firm as an Incentive System," American Economic Review, American Economic Association, vol. 84(4), pages 972-91, September.
  39. Shelanski, Howard A & Klein, Peter G, 1995. "Empirical Research in Transaction Cost Economics: A Review and Assessment," Journal of Law, Economics and Organization, Oxford University Press, vol. 11(2), pages 335-61, October.
  40. Francois Hennart, Jean, 1988. "Upstream vertical integration in the aluminum and tin industries : A comparative study of the choice between market and intrafirm coordination," Journal of Economic Behavior & Organization, Elsevier, vol. 9(3), pages 281-299, April.
  41. Gregory S. Amacher & Richard J. Brazee & Meindert Witvliet, 2001. "Royalty Systems, Government Revenues, and Forest Condition: An Application from Malaysia," Land Economics, University of Wisconsin Press, vol. 77(2), pages 300-313.
  42. Rees, Ray, 1985. "The Theory of Principal and Agent: Part 1," Bulletin of Economic Research, Wiley Blackwell, vol. 37(1), pages 3-26, January.
  43. Fama, Eugene F & Jensen, Michael C, 1983. "Separation of Ownership and Control," Journal of Law and Economics, University of Chicago Press, vol. 26(2), pages 301-25, June.
  44. Zhang, Y., 2001. "Economics of transaction costs saving forestry," Ecological Economics, Elsevier, vol. 36(2), pages 197-204, February.
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  46. Levy, David T, 1985. "The Transactions Cost Approach to Vertical Integration: An Empirical Examination," The Review of Economics and Statistics, MIT Press, vol. 67(3), pages 438-45, August.
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  60. Alfred D. Chandler, 1992. "Organizational Capabilities and the Economic History of the Industrial Enterprise," Journal of Economic Perspectives, American Economic Association, vol. 6(3), pages 79-100, Summer.
  61. G. Cornelis van Kooten, 2008. "Biological Carbon Sinks: Transaction Costs and Governance," Working Papers 2008-12, University of Victoria, Department of Economics, Resource Economics and Policy Analysis Research Group.
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