post faustmann forest resource economics sustainability economics and natural resources

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Post Faustmann Forest Resource Economics

Author : Shashi Kant
ISBN : 9789400757783
Genre : Business & Economics
File Size : 49. 70 MB
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The current paradigm of forest economics is based on Faustmann Formulation (FF) of land expectation value proposed by Martin Faustmann. It was a great achievement by a forester to propose a formulation that captures some fundamental economic features of capital theory which. However, the followers of the FF approach have trapped themselves into the past, and have not shown any indication of economic acumen of the great Faustmann. This has resulted in a common problem in the current paradigm of forest economics, known as Faustmann Forest Resource Economics (FFRE), to prescribe the application of a single (FF) approach to all situations irrespective of the specific features of the situation. The current state of forest economics is similar to that of neoclassical economics, and is full of inefficiencies. In neoclassical economics, inefficiencies are due to its “locked-in” position in rational economic man, while in forest economics inefficiencies are due to its “locked-in” position in the FF. The focus of this volume is on the new paradigm of forest economics termed as Post-Faustmann Forest Resource Economics (PFFRE). The first chapter lays the foundation of the PFFRE, and presents the key distinctions between the FFRE and the PFFRE. The volume includes twelve other chapters that address issues related to forest economics from perspectives different than the FFRE. Chapter 2 to 6 are focused on issues related to human behavior that is different than the rational economic man, Chapter 7 and 8 on public choice theory, Chapter 9 and 10 on systems approaches, and Chapter 11 to 13 on incremental approaches to incorporate new features in the FFRE.

Handbook Of Forest Resource Economics

Author : Shashi Kant
ISBN : 9781136253294
Genre : Business & Economics
File Size : 53. 96 MB
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It is increasingly recognized that the economic value of forests is not merely the production of timber. Forests provide other key ecosystem services, such as being sinks for greenhouse gases, hotspots of biodiversity, tourism and recreation. They are also vitally important in preventing soil erosion and controlling water supplies, as well as providing non-timber forest products and supporting the livelihoods of many local people. This handbook provides a detailed, comprehensive and broad coverage of forest economics, including traditional forest economics of timber production, economics of environmental role of forests, and recent developments in forest economics. The chapters are grouped into six parts: fundamental topics in forest resource economics; economics of forest ecosystems; economics of forests, climate change, and bioenergy; economics of risk, uncertainty, and natural disturbances; economics of forest property rights and certification; and emerging issues and developments. Written by leading environmental, forest, and natural resource economists, the book represents a definitive reference volume for students of economics, environment, forestry and natural resource economics and management.

Landscape Economics

Author : Colin Price
ISBN : 9783319548739
Genre : Business & Economics
File Size : 23. 97 MB
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This revised and expanded edition of Colin Price's seminal publication provides a richly comprehensive and up-to-date coverage of landscape economics, a subject which has until now been addressed only in limited aspects. Although much of the book's discussion is based upon natural resources and environmental economics, the author presents a wide and integrative view, drawing from aesthetic, psychological, social and political perspectives and applying a critical use of economic concepts and challenges to different schools of thought on the landscape. This new edition includes new ideas and critiques on environmental valuation; more focused critiques of stated preference methods, political alternatives to economic valuation, and of the rationale of discounting future values; and, new evaluative techniques, particularly price premia for products with a landscape provenance. For those interested in the theoretical aspects of aesthetic valuation, and for those who seek solutions to practical problems of aesthetic conservation, amelioration and enhancement, this new edition gives an overview of evaluative techniques, of their potential problems and of possible solutions. The updates are a major contribution to the growing literature in the field.

Classic Papers In Natural Resource Economics

Author : C. Gopalakrishnan
ISBN : 9780230523210
Genre : Business & Economics
File Size : 20. 7 MB
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Classic Papers in Natural Resource Economics brings together a choice selection of some of the most enduring academic writing published in this field in a single volume. The fourteen papers included in this book are grouped into five sections: the intertemporal problem; externalities and market failure; property rights; institutions and public choice; the economics of exhaustible resources; and the economics of renewable resources. Each section represents a major area in natural resource economics. Written by distinguished resource economists, the papers in this volume probe, analyze and illuminate the central issues of the discipline.

Our Fragile World Challenges And Opportunities For Sustainable Development Volume I

Author : M. K. Tolba
ISBN : 9780953494460
Genre : Economic development
File Size : 57. 45 MB
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This publication, Our Fragile World: Challenges and Opportunities for Sustainable Development, presents perspectives of several important subjects that are covered in greater detail and depth in the Encyclopedia of Life Support Systems (EOLSS). The contributions to the two volumes provide an integrated presentation of knowledge and worldviews related to the state of: Earth's natural resources, social resources, institutional resources, and economic and financial resources. They present the vision and thinking of over 200 authors in support of efforts to solve the complex problems connected with sustainable development, and to secure perennial life support on "The Blue Planet'. These contributions are holistic, informative, forward looking, and will be of interest to a broad readership. This volume presents contributions with focus on the Natural and Social Dimensions of sustainable Development in to two sections: NATURAL SYSTEMS AND RESOURCES (Natural Systems and Climate Change ; - Natural Resources Management). - SOCIO-CULTURAL ISSUES (Human Security, Peace, and Socio-Cultural issues; Equity and Ethical issues).

Economics Sustainability And Natural Resources

Author : Shashi Kant
ISBN : 1402034652
Genre : Science
File Size : 39. 47 MB
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Forest resources are an ideal starting point for economic analysis of sustainability. In this book, leading economists discuss key aspects of sustainability and sustainable forest management including complexity, ethical issues, consumer choice theory, intergenerational equity, non-convexities, and multiple equilibria. This systematic critique of neoclassical economic approaches is followed by a companion work, Institutions, Sustainability, and Natural Resources: Institutions for Sustainable Forest Management, Volume 2 in the series.

Forest Economics

Author : Daowei Zhang
ISBN : 9780774821551
Genre : Business & Economics
File Size : 68. 98 MB
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A firm grounding in economics is integral to sound forestry policies and practices. This book, a major revision and expansion of Peter H. Pearse's 1990 classic, is an essential textbook for forestry students. Updated and enhanced with advanced empirical presentation of materials, it covers the basic economic principles and concepts and their application to modern forest management and policy issues. Forest Economics reflects the authors' more than fifty years of combined experience in teaching forest economics in the United States and Canada. Its comprehensive and systematic analysis of forest issues makes it an indispensable resource for students and practitioners of forest management, natural resource conservation, and environmental studies.

Economics Made Easy

Author : Les Livingstone
ISBN : 9780595450046
Genre : Business & Economics
File Size : 41. 27 MB
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Economics Of Forest Resources

Author : Gregory S. Amacher
ISBN : 0262012480
Genre : Business & Economics
File Size : 58. 38 MB
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A comprehensive and technical survey of forest resource economics, concentrating on developments in the last twenty years regarding policy instrument choice and uncertainty.

Modern Linear And Nonlinear Econometrics

Author : Joseph Plasmans
ISBN : 0387257608
Genre : Business & Economics
File Size : 49. 12 MB
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The basic characteristic of Modern Linear and Nonlinear Econometrics is that it presents a unified approach of modern linear and nonlinear econometrics in a concise and intuitive way. It covers four major parts of modern econometrics: linear and nonlinear estimation and testing, time series analysis, models with categorical and limited dependent variables, and, finally, a thorough analysis of linear and nonlinear panel data modeling. Distinctive features of this handbook are: -A unified approach of both linear and nonlinear econometrics, with an integration of the theory and the practice in modern econometrics. Emphasis on sound theoretical and empirical relevance and intuition. Focus on econometric and statistical methods for the analysis of linear and nonlinear processes in economics and finance, including computational methods and numerical tools. -Completely worked out empirical illustrations are provided throughout, the macroeconomic and microeconomic (household and firm level) data sets of which are available from the internet; these empirical illustrations are taken from finance (e.g. CAPM and derivatives), international economics (e.g. exchange rates), innovation economics (e.g. patenting), business cycle analysis, monetary economics, housing economics, labor and educational economics (e.g. demand for teachers according to gender) and many others. -Exercises are added to the chapters, with a focus on the interpretation of results; several of these exercises involve the use of actual data that are typical for current empirical work and that are made available on the internet. What is also distinguishable in Modern Linear and Nonlinear Econometrics is that every major topic has a number of examples, exercises or case studies. By this `learning by doing' method the intention is to prepare the reader to be able to design, develop and successfully finish his or her own research and/or solve real world problems.

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