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| Bulte, Erwin H.; van Soest, Daan P.. |
| Conventional wisdom implies that high discount rates accelerate depletion of tropical forests. As shown in this article, this result does not necessarily hold in a two-state variable model that distinguishes between primary and secondary forest stocks. In the context of a fixed concession period and imperfect government control, logging of primary forests may be both accelerated and depressed as discount rates increase. |
| Tipo: Journal Article |
Palavras-chave: Resource /Energy Economics and Policy. |
| Ano: 1996 |
URL: http://purl.umn.edu/31026 |
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| Richter, Andries; Eikeset, Anne Maria; Stenseth, Nils Chr.; van Soest, Daan P.. |
| The objectives pursued by governments managing fisheries may include maximizing profits, minimizing the impact on the marine ecosystem, or securing employment, which all require adjusting the composition of the fishing fleet. We develop a management plan that can be adapted to those objectives and allows the regulator to compare the long-run profits between the various management options. We apply the model to the case of Northeast Arctic cod, and estimate the cost and harvesting functions of various vessel types, the demand function, and a biological model to provide key insights regarding the optimal management of this valuable fish species. |
| Tipo: Working or Discussion Paper |
Palavras-chave: Environmental Economics and Policy; Northeast Arctic Cod; Norway; Production Functions; Harvest Control Rule; Fleet Structure; Multiple Objectives. |
| Ano: 2011 |
URL: http://purl.umn.edu/108249 |
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