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PREEMPTIVE HABITAT DESTRUCTION AND THE ENDANGERED SPECIES ACT: THE CASE OF THE RED-COCKADED WOODPECKER AgEcon
Michael, Jeffrey A..
An economic model illustrating a southern forest landowner's incentive to increase timber harvest in response to the risk of red-cockaded woodpecker colonization and subsequent regulation under the Endangered Species Act is developed. The empirical results show that industrial landownders respond to these incentives, whereas non-industrial private forest landowners do not.
Tipo: Conference Paper or Presentation Palavras-chave: Environmental Economics and Policy; Industrial Organization.
Ano: 1998 URL: http://purl.umn.edu/20783
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RECYCLING, INTERNATIONAL TRADE, AND THE DISTRIBUTION OF POLLUTION: THE EFFECT OF INCREASED U.S. PAPER RECYCLING ON U.S. IMPORT DEMAND FOR CANADIAN PAPER AgEcon
Michael, Jeffrey A..
The quantity of paper recycled in the U.S. has more than doubled since 1985. International trade theory predicts that this will lead to reduced imports of paper, and a shift in domestic production toward waste paper intensive outputs (e.g., newsprint) and away from higher grade products such as printing/writing paper. Import demand elasticities with respect to input prices were estimated for newsprint, printing/writing, and all paper utilizing 20 years of monthly data. The empirical results confirm the predictions of theory, and illustrate a channel through which recycling may be more beneficial for U.S. industry than the domestic environment.
Tipo: Journal Article Palavras-chave: Import demand; Paper industry; Pollution; Recycling; Environmental Economics and Policy.
Ano: 1998 URL: http://purl.umn.edu/15086
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THE ROLE OF EXPECTATIONS AND HETEROGENEOUS PREFERENCES FOR CONGESTION IN THE VALUATION OF RECREATION BENEFITS AgEcon
Michael, Jeffrey A.; Reiling, Stephen D..
Studies of recreation congestion generally utilize nonmarket valuation techniques to determine the use level and entrance price that maximize aggregate recreation benefits for a specific recreation area. This paper improves upon these previous studies by relaxing the assumption of homogeneous preferences among visitors of the same recreation area and accounting for visitor expectations of congestion. The results indicate that failing to account for heterogeneous preferences for congestion by time of visit leads to overestimates of the benefits of relieving peak-time congestion, while accounting for expectations raises questions about the validity of the standard optimal use model.
Tipo: Journal Article Palavras-chave: Resource /Energy Economics and Policy.
Ano: 1997 URL: http://purl.umn.edu/31564
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