Natural
Resource Economics; UCLA (Graduate) Cameron; Detailed Curriculum; Forests
FORESTS:
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Maximum sustained yield, single crop scenario
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Ongoing private harvests (Faustmann model)
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Multiple-use forests
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Empirical forest economics
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Deforestation
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Neher Ch. 2
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Hartwick and Olewiler (1e: Ch. 11; 2e: Ch. 10)
Supplemental:
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Bowes and Krutilla, "Multiple-Use Management of Public Forestlands," HNREE-II
Recent
trends in the literature - a very broad survey of recent forest- and forestry-related
research in the wider economics literature (since 1996 only)
Other literature:
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Berck, Peter "The Economics of Timber: A Renewable Resource in the Long
Run," Bell Journal of Economics ???? pp. 447-462.
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Deacon, Robert T. (1995) "Assessing the Relationship between Deforestation
and Government Policy," JEEM 28, 1-18.
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Deacon, Robert T., "The Simple Analytics of Forest Economics," in Deacon
and Johnson, eds. Forestlands: Public and Private, San Francisco:
Pacific Institute, 1985.
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Englin, Jeffrey, and Robert Mendelsohn (1991) "A Hedonic Travel Cost Analysis
for Valuation of Multiple Components of Site Quality: The Recreation Value
of Forest Management," JEEM 21, 275-290.
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Rucker, Randall, and Keith Leffler, "To Harvest or Not to Harvest? An Analysis
of Cutting Behavior on Federal Timber Sales," Review of Economics and
Statistics, Vol 50, May 1988, pp. 207-213.
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Hartman, Richard (1976) "The Harvesting Decision when a Standing Forest
has Value," Economic Inquiry, March, pp. 52-58.
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Hyde, William F. (1981) "Timber Economics in the Rockies: Efficiency and
Management Options," Land Economics, 57(4) November, pp. 630-637.
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Johnson, Ronald N. "U.S. Forest Service Policy and its Budget," Chapter
4 in ????, pp. 103-133.
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Reed, William J. (1984) "The Effects of the Risk of Fire on the Optimal
Rotation of a Forest," Journal of Environmental Economics and Management,11,
180-190.
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Strang, William J. (1983) "On the Optimal Forest Harvesting Decision,"
Economic Inquiry, 21, October, pp. 576-583.
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Samuelson, Paul A. (1976) "Economics of Forestry in an Evolving Society,"
Economic Inquiry, 14, December, pp. 466-492.
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Stavins, R.N. and A.B. Jaffe, "Unintended Impacts of Public Investments
on Private Decisions: The Depletion of Forested Wetlands," AER,
June 1990
Recent Material:
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Deacon, Robert T. (1994) "Deforestation and the Rule of Law in a Cross-Section
of Countries," Land Economics, November, 70(4), pp. 414-430.
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Helfand, Gloria E. and Marilyn D. Whitney (1994) "Efficient Multiple-Use
Forestry May Require Land-Use Specialization: Comment," Land Economics,
70(3) August, pp. 391-95.
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Mendelsohn, Robert "Note: Nonlinear Forest Taxes," JEEM, vol. 24
(May 1993) pp. 296-299.
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Mourmouras, Alex (1993) "Conservationist Government Policies and Intergenerational
Equity in an Overlapping Generations Model with Renewable Resources," Journal
of Public Economics 51(2), June, pp. 249-68.
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Paarsch, Harry (1993) "The Effect of Stumpage Rates on Timber Recovery,"
Canadian Journal of Economics, 26(1), February, pp. 107-20.
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Sandler, Todd (1993) "Tropical Deforestation: Markets and Market Failures,"
Land Economics 69(3) pp. 225-33.
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Thomson, Thomas (1992) "Optimal Forest Rotation when Stumpage Prices Follow
a Diffusion Process," Land Economics, August, 68(3), pp. 329-42.
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Vincent, Jeffrey R. and Clark S. Binkley (1994) "Efficient Multiple-Use
Forestry May Require Land-Use Specialization" Land Economics, 69(4)
November, pp. 370- 376.
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Vincent, Jeffrey R. and Clark S. Binkley (1994) "Efficient Multiple-Use
Forestry May Require Land-Use Specialization: Reply," Land Economics,
70(3) August, pp. 396-97.
(1997 additions)
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Albers, Heidi J., " Modeling Ecological Constraints on Tropical Forest
Management: Spatial Interdependence, Irreversibility, and Uncertainty ,"
JEEM 30(1), January 1996, 73-94.
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Conrad, Jon; Ludwig, Don, "Forest Land Policy: The Optimal Stock of Old
Growth Forest ," Natural Resource Modeling 8(1), Winter 1994, 27-45.
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Englin, Jeffrey; Callaway, John M., "Global Climate Change and Optimal
Forest Management ," Natural Resource Modeling 7(3), Summer 1993,
191- 202.
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Hanley, Nick D.; Ruffell, R. J., "The Contingent Valuation of Forest Characteristics:
Two Experiments ," Journal of Agricultural Economics 44(2), May
1993, 218-29.
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Hardie, Ian W.; Parks, Peter J., "Program Enrollment and Acreage Response
to Reforestation Cost Sharing Programs ," Land Economics 72(2),
May 1996, 248-60.
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Hyde, William F.; Sedjo, Roger A., " Managing Tropical Forests: Reflections
on the Rent Distribution Discussion ," Land Economics 68(3), August
1992, 343-50.
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McKelvey, Kevin; Lamberson, Roland H., "Random Entry Forestry: Timber Management
in a Time of Species Conservation ," Natural Resource Modeling 8(1),
Winter 1994, 81-93.
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Murphy, Paul, "Debt and Deforestation in Developing Countries," University
of California, Santa Barbara Working Papers in Economics: 9 94, July 1994,
21.
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Parks, Peter J.; Hardie, Ian W., "Least Cost Forest Carbon Reserves: Cost
Effective Subsidies to Convert Marginal Agricultural Land to Forests ,"
Land Economics 71(1), February 1995, 122-36.
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Plantinga, Andrew J.; Birdsey, Richard A., "Optimal Forest Stand Management
When Benefits Are Derived from Carbon ," Natural Resource Modeling
8(4), Fall 1994, 373-87.
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Sedjo, Roger A. et al., "Managing Carbon Via Forestry: Assessment of Some
Economic Studies ," Resources for the Future Discussion Paper: 95 06, November
1994, pages 40.
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Swallow, Stephen K.; Wear, David N., "Spatial Interactions in Multiple
Use Forestry and Substitution and Wealth Effects for the Single Stand ,"
JEEM 25(2), September 1993, 103-20.
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Toman, Michael; Ashton, P. Mark S., " Sustainable Forest Ecosystems and
Management: A Review Article ," Resources for the Future Discussion Paper:
94 42, September 1994, 31 pages.
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van Kooten, G. Cornelis; Binkley, Clark S.; Delcourt, Gregg, "Effect of
Carbon Taxes and Subsidies on Optimal Forest Rotation Age and Supply of
Carbon Services ," AJAE 77(2), May 1995, 365-74.
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Wear, David N.; Parks, Peter J., "The Economics of Timber Supply: An Analytical
Synthesis of Modeling Approaches ," Natural Resource Modeling 8(3),
Summer 1994, 199-223.
Readings
Guide (under development)
Last updated: January 18,1999
Will be revised during the quarter.
e-mail: tcameron@econ.ucla.edu