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Forest-Mill Integration: A Transaction Costs Perspective
Provedor de dados: 31
Autores: Niquidet,
Kurt; O'Kelly,
In Canada, where public ownership of forestland is prevalent, a central decision facing policy makers is how to allocate timber
resources to private forest companies. Debates tend to focus around what proportion of the annual harvest should be devoted to
markets opposed to long-term contracts. To give a guide to policy makers, we surveyed forest firms from New Zealand and
Sweden where this decision is based purely on a commercial basis. On average, mills source fifty percent of their fibre from the
market. However, using a fractional logit model, we test whether theories from transaction cost economics influence this decision.
Results are consistent with transaction cost economics; firms decrease the proportion of fibre sourced from a market with...
Tipo: Working or Discussion Paper
Palavras-chave: Transaction costs; Forest tenure; Vertical integration; Environmental Economics and Policy; Resource /Energy
Economics and Policy; D23; K23; L22; L73.
Ano: 2008
Valuing National Forest Recreation Access: Using a Stratified On-Site Sample to Generate Values
Across Activities for a Nationally Pooled Sample
Provedor de dados: 31
Autores: Bowker,
James Michael; English,
Donald B.K.; Bergstrom,
John C.; Starbuck,
C. Meghan.
The Forest Service controls vast quantities of natural resources including timber, wildlife, watersheds, air sheds, and ecosystems.
For many of these resources, recreation is one of the primary uses of the natural asset. Recreation visits taken to National Forests
are not "purchased" in the same type of market as other goods (e.g., timber, grazing, or housing). The price of, and ultimately
benefit received from, recreation to National Forests cannot be estimated via traditional market prices and quantities. Alternate
methods must be employed to estimate the value of recreation access.
We use on-site survey data from the Forest Service's
National Visitor Use Monitoring database (2000-2003) and stated preference demand estimation methods to model annual...
Tipo: Conference Paper or Presentation
Palavras-chave: Resource /Energy Economics and Policy.
Ano: 2005
Provedor de dados: 31
Autores: Homans,
Frances R.; Wilen,
James E.
Using a new model of markets in regulated open access resources, we illustrate the evolution of a fishery as demand for the
product grows.
We show that increased demand for fish in its fresh form shortens the fishing season and leads to the
development of a market for processed fish. The model allows us to calculate the rent gains from rationalizing the fishery, and we
show that much of the rent gains come on the market side as the season lengthens and more fish can be delivered to the
higher-valued fresh market.
Tipo: Conference Paper or Presentation
Palavras-chave: Resource /Energy Economics and Policy.
Ano: 2000