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| Title: | The economics of forestry and natural resources |
|---|---|
| From: |
Per-Olov Johansson ; Karl-Gustaf Löfgren
|
| Person: |
Johansson, Per-Olov
1949- Verfasser aut Löfgren, Karl-Gustaf 1943- |
| Main Authors: | , |
| Format: | Book |
| Language: | English |
| Published: |
Oxford u.a.
Blackwell
1985
|
| Edition: | 1. publ. |
| Subjects: | |
| Online Access: | http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=006121120&sequence=000002&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA |
| Physical Description: | XIII, 292 S. graph. Darst. |
| ISBN: | 0631141626 |
Staff View
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Record in the Search Index
| _version_ | 1819247913575907328 |
|---|---|
| adam_text | Titel: The economics of forestry and natural resources
Autor: Johansson, Per-Olov
Jahr: 1985
Contents
Preface ix
1 An Introduction to the Theory of Investment 1
1.1 Introduction 1
1.2 Investment decisions in a perfect capital market 2
1.3 Investment decisions in an imperfect capital market 11
1.4 Defining a continuous discount rate 17
Appendix: The proof of Puu s theorem and the derivation
of an algorithm 18
2 The Theory of Non-renewable Resources 22
2.1 Introduction 22
2.2 A formal model 24
2.3 Some simple and some intuitive solutions 27
2.4 A more formal analysis 37
2.5 Monopoly 40
2.6 Summary 44
3 The Exploitation of Renewable Resources 46
3.1 Introduction 46
3.2 The bang-bang control renewable resource model 47
3.3 The problem of the commons 56
3.4 Coase s theorem: an illustration 63
Appendix: The renewable resource model and the price
mechanism over time 65
4 The Optimal Rotation Period 73
4.1 Introduction 73
4.2 The Faustmann-Pressler-Ohlin theorem 74
4.3 Comparative statics 80
4.4 The assessment of the value of forest land 85
4.5 The social optimality of the FPO rotation period 87
4.6 The FPO rotation period compared with other
periods 89
vi CONTENTS
5 A Further Analysis of the Optimal Rotation Period 95
5.1 Introduction 95
5.2 The effects of taxes on the rotation period 95
5.3 The effects of a once and for all change in the
biotechnology 100
5.4 The effects of regular improvements in
biotechnology 102
5.5 A slightly more general setting 107
5.6 Concluding comments 110
6 The Linear and Non-linear Forest and the Supply of Wood 112
6.1 Introduction 112
6.2 A general age class model 112
6.3 The linear forest 114
6.4 The solution, and some of its properties 118
6.5 The non-linear forest and the supply function for
roundwood 121
6.6 The effects of taxes 130
6.7 The cost function and initial endowments 133
7 The Behaviour of the Self-employed Forest Farmer, and
the Forest Industry as a Forest Owner 140
7.1 Introduction 140
7.2 The modelling of the behaviour of the self-employed
forest farmer 141
7.3 Income constraints and the backward bending supply
curve 147
7.4 Taxation and the supply of roundwood 149
7.5 The forest industry as a forest owner 150
8 The Roundwood Market under Perfect and Imperfect
Market Conditions 161
8.1 Introduction 161
8.2 Aggregate demand and aggregate supply 162
8.3 General equilibrium: a few comments 165
8.4 A monopsonistic roundwood market 166
8.5 Price discrimination under monopsony 169
8.6 A bargaining approach to the pricing of wood in
Sweden 173
9 An Econometric Analysis of Aggregate Demand for and
Supply of Wood in Sweden 187
9.1 Introduction 187
9.2 The institutional setting 187
CONTENTS vii
9.3 The demand for and supply of wood and the partial
multimarket equilibrium 188
9.4 Previous studies 191
9.5 The empirical model and the empirical results 192
9.6 Discussion 201
9.7 Concluding comments 203
10 Welfare Theory and the Optimal Pricing of Natural
Resources 205
10.1 Introduction 205
10.2 Pareto optimal states 205
10.3 Optimal pricing of non-renewable and renewable
resources 207
10.4 Optimal pricing rules when there are several
regenerating resources 211
10.5 Multiple use considerations 214
Appendix: Complete first order conditions for some of
the maximization problems 217
11 Cost-Benefit Rules for Natural Resources 220
11.1 Introduction 220
11.2 The model 221
11.3 General equilibrium cost-benefit rules 230
11.4 Multiple use of forest lands 240
11.5 Socially optimal cutting rules in unemployment
situations 246
11.6 Cutting rules in excess demand situations 254
11.7 Concluding remarks 256
Appendix: An indirect utility function approach 256
12 The Properties of the Timber Supply Function in a Risky
World 260
12.1 Introduction 260
12.2 The stochastic tree 261
12.3 The maximization of expected utility and the risk
averse forest owner 264
12.4 The model and the results 268
12.5 Concluding comments 275
Appendix: Proofs of claims 275
Bibliography 280
Index 288
|
| any_adam_object | 1 |
| author | Johansson, Per-Olov 1949- Löfgren, Karl-Gustaf 1943- |
| author_GND | (DE-588)170076644 (DE-588)123368456 |
| author_facet | Johansson, Per-Olov 1949- Löfgren, Karl-Gustaf 1943- |
| author_role | aut aut |
| author_sort | Johansson, Per-Olov 1949- |
| author_variant | p o j poj k g l kgl |
| building | Verbundindex |
| bvnumber | BV009210023 |
| callnumber-first | S - Agriculture |
| callnumber-label | SD393 |
| callnumber-raw | SD393 |
| callnumber-search | SD393 |
| callnumber-sort | SD 3393 |
| callnumber-subject | SD - Forestry |
| ctrlnum | (OCoLC)11532392 (DE-599)BVBBV009210023 |
| dewey-full | 333.75 |
| dewey-hundreds | 300 - Social sciences |
| dewey-ones | 333 - Economics of land and energy |
| dewey-raw | 333.75 |
| dewey-search | 333.75 |
| dewey-sort | 3333.75 |
| dewey-tens | 330 - Economics |
| discipline | Wirtschaftswissenschaften |
| edition | 1. publ. |
| format | Book |
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| id | DE-604.BV009210023 |
| illustrated | Illustrated |
| indexdate | 2024-12-20T09:34:18Z |
| institution | BVB |
| isbn | 0631141626 |
| language | English |
| oai_aleph_id | oai:aleph.bib-bvb.de:BVB01-006121120 |
| oclc_num | 11532392 |
| open_access_boolean | |
| owner | DE-29 DE-634 DE-83 DE-188 |
| owner_facet | DE-29 DE-634 DE-83 DE-188 |
| physical | XIII, 292 S. graph. Darst. |
| psigel | TUB-nveb |
| publishDate | 1985 |
| publishDateSearch | 1985 |
| publishDateSort | 1985 |
| publisher | Blackwell |
| record_format | marc |
| spellingShingle | Johansson, Per-Olov 1949- Löfgren, Karl-Gustaf 1943- The economics of forestry and natural resources Forêts - Aspect économique Produits forestiers - Industrie Ressources naturelles Forest products industry Forests and forestry Economic aspects Natural resources Umweltökonomie (DE-588)4061638-1 gnd Forstwirtschaft (DE-588)4017966-7 gnd Ressourcenökonomie (DE-588)4400948-3 gnd |
| subject_GND | (DE-588)4061638-1 (DE-588)4017966-7 (DE-588)4400948-3 |
| title | The economics of forestry and natural resources |
| title_auth | The economics of forestry and natural resources |
| title_exact_search | The economics of forestry and natural resources |
| title_full | The economics of forestry and natural resources Per-Olov Johansson ; Karl-Gustaf Löfgren |
| title_fullStr | The economics of forestry and natural resources Per-Olov Johansson ; Karl-Gustaf Löfgren |
| title_full_unstemmed | The economics of forestry and natural resources Per-Olov Johansson ; Karl-Gustaf Löfgren |
| title_short | The economics of forestry and natural resources |
| title_sort | the economics of forestry and natural resources |
| topic | Forêts - Aspect économique Produits forestiers - Industrie Ressources naturelles Forest products industry Forests and forestry Economic aspects Natural resources Umweltökonomie (DE-588)4061638-1 gnd Forstwirtschaft (DE-588)4017966-7 gnd Ressourcenökonomie (DE-588)4400948-3 gnd |
| topic_facet | Forêts - Aspect économique Produits forestiers - Industrie Ressources naturelles Forest products industry Forests and forestry Economic aspects Natural resources Umweltökonomie Forstwirtschaft Ressourcenökonomie |
| url | http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=006121120&sequence=000002&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA |
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