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A Comparison of Timber Models for Use in Public Policy Analysis AgEcon
Sohngen, Brent; Sedjo, Roger A..
In this paper, we compare and contrast two types of timber models that have been used for public policy analysis. These models have been variously used to predict price, inventory and market welfare impacts under different exogenous forces that impact timber markets. The framework and theory for each model type is presented and discussed. We then thoroughly test the two model types across six potential exogenous shocks to timber markets, ranging from instantaneous demand shocks to gradual supply adjustments. Our comparison indicates that these models predict potentially important differences in timber market behavior. These differences are important to consider for those who do public policy analysis.
Tipo: Working or Discussion Paper Palavras-chave: Timber markets; Models; Dynamic adjustment; Optimization; Resource /Energy Economics and Policy; C62; Q21; Q23.
Ano: 1996 URL: http://purl.umn.edu/10467
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A GLOBAL MODEL OF CLIMATE CHANGE IMPACTS ON TIMBER MARKETS AgEcon
Sohngen, Brent; Mendelsohn, Robert; Sedjo, Roger A..
Several papers have now estimated the impact of climate change on national timber markets, but few studies have measured impacts globally. Further, the literature on impacts has focused heavily on changes in productivity and has not integrated movements of biomes as well. Here, a dynamic model of ecological change and economic change is developed to capture the impact of climate change on world timber markets. Climate change is predicted to increase global timber production as producers in low-mid latitude forests react quickly with more productive short-rotation plantations, driving down timber prices. Producers in mid-high latitude forests, in contrast, are likely to be hurt by the lower prices, dieback, and slower productivity increases because of...
Tipo: Journal Article Palavras-chave: Resource /Energy Economics and Policy.
Ano: 2001 URL: http://purl.umn.edu/31044
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An Analysis of Global Timber Markets AgEcon
Sohngen, Brent; Mendelsohn, Robert; Sedjo, Roger A.; Lyon, Kenneth S..
This paper presents a model of global timber markets that captures the evolution of a broad array of forest resources and timber market margins over time. These margins include the inaccessible northern and tropical margins, plantation establishment, and timberland management. A baseline case is presented and discussed. Five alternative scenarios are then presented. These scenarios allow us to consider several important questions about timber market behavior and the future supply of industrial fiber: (1) What happens along the northern and the tropical inaccessible margins? (2) What role do timber plantations play? and (3) How do shifts in management intensity interact with market forces? The baseline case suggests that both prices and harvests rise over...
Tipo: Working or Discussion Paper Palavras-chave: Global timber markets; Forest plantations; Model; Forecast; Resource /Energy Economics and Policy; Q10; Q21; Q23; Q24.
Ano: 1997 URL: http://purl.umn.edu/10449
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Analyzing the Economic Impact of Climate Change on Global Timber Markets AgEcon
Sohngen, Brent; Sedjo, Roger A.; Mendelsohn, Robert; Lyon, Kenneth S..
In this paper, we show how ecological and economic models can be linked to determine the economic impact of climate change on global timber markets. We begin by discussing some of the important issues relevant to global impact analyses such as this. We then outline our general modeling framework and discuss the particular models that will be used. Finally, we discuss some of the important issues involved with linking the two types of models.
Tipo: Working or Discussion Paper Palavras-chave: Climate change; Economic model; Timber; Timber market; Dynamic; Optimal control; Environmental Economics and Policy; Q10; Q23; Q24.
Ano: 1996 URL: http://purl.umn.edu/10462
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Biotechnology and Planted Forests: Assessment of Potential and Possibilities AgEcon
Sedjo, Roger A..
This paper addresses the potential impact of the introduction and development of biotechnology on planted forests. It includes a description of some recent innovations in forestry including the use of traditional breeding, and also more recent innovations involving biotechnology, including the development of clonal propagation and the use of modern molecular biology techniques. In addition to describing these innovations, the paper undertakes an assessment of their probable impact on future production of the forest industry, on the global timber supply, and on future markets for timber and wood products. The paper offers a description of recent innovations in tree breeding and biotechnology, including a discussion of innovations in agriculture that have...
Tipo: Working or Discussion Paper Palavras-chave: Biotechnology; Plantation forests; Genetic modification; Genetic research; Economic benefits; Transgenic; GMO; Resource /Energy Economics and Policy; Q21; Q23; Q16; O32; L73.
Ano: 1999 URL: http://purl.umn.edu/10862
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Biotechnology's Potential Contribution to Global Wood Supply and Forest Conservation AgEcon
Sedjo, Roger A..
Over the past 30 years, industrial plantation forests have become a major supplier of industrial wood. There are several reasons for this, including the improved economics of planted forests due to biotechnological innovations, the increases in natural forest wood costs due to increasing inaccessibility, and rising wood costs from natural forests due to new environmental restrictions related to logging. Forestry today is on the threshold of the widespread introduction of biotechnology into its operational practices. In many cases, the biotechnology likely to be introduced is simply an extension of that being utilized in agriculture, such as herbicide-tolerant genes. However, biotechnology in forestry also is developing applications unique to forestry,...
Tipo: Working or Discussion Paper Palavras-chave: Biotechnology; Breeding; Forestry; Tree plantations; Timber; Fiber; Genes; GMOs; Industrial wood; Economics; Benefits; Costs; Resource /Energy Economics and Policy; Q21; Q23; Q16; O32; L73.
Ano: 2001 URL: http://purl.umn.edu/10708
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Can Carbon Sinks Be Operational? RFF Workshop Proceedings AgEcon
Sedjo, Roger A.; Toman, Michael.
An RFF Workshop brought together experts from around the world to assess the feasibility of using biological sinks to sequester carbon as part of a global atmospheric mitigation effort. The chapters of this proceeding are a result of that effort. Although the intent of the workshop was not to generate a consensus, a number of studies suggest that sinks could be a relatively inexpensive and effective carbon management tool. The chapters cover a variety of aspects and topics related to the monitoring and measurement of carbon in biological systems. They tend to support the view the carbon sequestration using biological systems is technically feasible with relatively good precision and at relatively low cost. Thus carbon sinks can be operational.
Tipo: Working or Discussion Paper Palavras-chave: Carbon; Sinks; Global warming; Sequestration; Forests; Environmental Economics and Policy; Q10; Q15; Q21; Q23; Q24.
Ano: 2001 URL: http://purl.umn.edu/10480
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Eco-Labeling and the Price Premium AgEcon
Sedjo, Roger A.; Swallow, Stephen K..
International environmental and government organizations propose eco-labeling as a market incentive to cause industry to operate in an ecologically sustainable and biodiversity-friendly manner. A microeconomic analysis questions whether eco-labeling will cause producer profits in a competitive industry to decline, even under a voluntary system, and whether eco-labeling will necessarily generate different prices for labeled and unlabeled product. Using wood product as an example, results identify conditions that may exist when firms lose profits, even under a voluntary system, and where existing production constraints may lead to a single price, regardless of labeling.
Tipo: Working or Discussion Paper Palavras-chave: Eco-labeling; Prices; Markets; Environmental Economics and Policy; D40; L10; L15.
Ano: 1999 URL: http://purl.umn.edu/10826
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El Nino, Ice Storms, and the Market for Residential Fuelwood in Eastern Canada and the Northeastern U.S. AgEcon
Jagger, Pamela; White, William; Sedjo, Roger A..
Extreme weather events such as the ice storm that affected eastern Canada and the Northeastern US in January of 1998 have significant impacts on both human populations and forests. One of the questions currently facing climate scientists is whether or not better forecasting of such events would lessen the economic impacts borne by households, industry, agricultural producers and the public sector when such weather events occur. This case study examines the economic impacts of the ice storm on the residential market for fuelwood. It is hypothesized that demand for fuelwood will increase due to the failure of non-wood heating sources during the ice storm. In addition, damage to trees in the region should increase the supply of fuelwood; the net effect of...
Tipo: Working or Discussion Paper Palavras-chave: Fuelwood; El Nino; Ice storm; Forest management; Extreme weather event; Climate forecasting; Forest policy; Resource /Energy Economics and Policy; D1; D13; Q2; Q21; Q23; Q42.
Ano: 1999 URL: http://purl.umn.edu/10535
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Estimating Carbon Supply Curves for Global Forests and Other Land Uses AgEcon
Sedjo, Roger A.; Sohngen, Brent; Mendelsohn, Robert.
This study develops cumulative carbon 'supply curves' for global forests utilizing an dynamic timber supply model for sequestration of forest carbon. Because the period of concern is the next century, and particular time points within that century, the curves are not traditional Marshallian supply curves or steady-state supply curves. Rather, the focus is on cumulative carbon cost curves (quasi-supply curves) at various points in time over the next 100 years. The research estimates a number of long-term, cumulative, carbon quasi-supply curves under different price scenarios and for different time periods. The curves trace out the relationship between an intertemporal price path for carbon, as given by carbon shadow prices, and the cumulative carbon...
Tipo: Working or Discussion Paper Palavras-chave: Carbon supply curves; Sequestration; Timber; Forests; Model; Global warming; Prices; Markets; Resource /Energy Economics and Policy; Q10; Q15; Q21; Q23; Q24.
Ano: 2001 URL: http://purl.umn.edu/10663
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Exchange Rates and the Competitiveness of the US Timber Sector in a Global Economy AgEcon
Daigneault, Adam J.; Sohngen, Brent; Sedjo, Roger A..
This paper examines the competitiveness of the US timber industry under different exchange rate policies using a dynamic optimization model of global timber markets. We assume that exchange rates affect the cost structure of harvesting and managing forests and simulate the model for baseline conditions and four additional exchange rate policies. Two policies consider a strengthening United States dollar scenario and two policies examine weak South American currencies. Recently South America has increased its share of global timber production and is shipping increasing quantities of timber to the Unites States. The results indicate that US competitiveness in the forestry sector is sensitive both to strong US $ policies and to the weak currency policies...
Tipo: Conference Paper or Presentation Palavras-chave: International Relations/Trade.
Ano: 2005 URL: http://purl.umn.edu/19439
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Forest Carbon Sequestration: Some Issues for Forest Investments AgEcon
Sedjo, Roger A..
A major problem being faced by human society is that the global temperature is believed to be rising due to human activity that releases carbon dioxide to the atmosphere; i.e., global warming. The major culprit is thought to be fossil fuel burning, which is releasing increasing amounts of carbon dioxide in the atmosphere. The problem of increasing atmospheric carbon dioxide can be addressed a number of ways. One of these is forestry and forest management. This paper examines a number of current issues related to mitigating the global warming problem through forestry. First, the overall carbon cycle is described, and the potential impact of forests on the buildup of atmospheric carbon is examined. A major focus is the means by which forests and forest...
Tipo: Working or Discussion Paper Palavras-chave: Forests; Carbon; Sinks; Sequestration; Forest management; Kyoto Protocol; Resource /Energy Economics and Policy; Q10; Q15; Q21; Q23; Q24.
Ano: 2001 URL: http://purl.umn.edu/10571
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Forest Carbon Sinks: European Union, Japanese, and Canadian Approaches AgEcon
Amano, Masahiro; Sedjo, Roger A..
This report compares the approaches of the governments of Japan, Canada, and the European Union member countries toward using carbon sinks to meet their respective Kyoto Protocol carbon reduction targets. Various policies have been proposed by which governments can sequester carbon by promoting afforestation and reforestation, slowing deforestation, and undertaking forest management activities under Articles 3.3 and 3.4. At this time, carbon emissions reduction programs are still under development, both within individual countries and within the context of the protocol. Although some of the details have been worked out, concrete definitions are often still lacking, especially as regards impermanence of forests, additionality, leakage, and socioeconomic and...
Tipo: Working or Discussion Paper Palavras-chave: Climate; Sinks; Kyoto Protocol; Forestry; Canada; Japan; European Union; Resource /Energy Economics and Policy; F01; Q23; Q28; Q48.
Ano: 2003 URL: http://purl.umn.edu/10913
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Forest Certification: Toward Common Standards? AgEcon
Fischer, Carolyn; Aguilar, Francisco X.; Jawahar, Puja; Sedjo, Roger A..
The forestry industry provides a good illustration of the active roles that industry associations, environmental nongovernmental organizations (NGOs), national governments, and international organizations can play in developing and promoting codes of conduct that are formally sanctioned and certified. It also reflects some of the challenges of disseminating codes of conduct in developing countries and ensuring market benefits from certification. We describe the emergence of forest certification standards, outline current certification schemes, and discuss the role of major corporations in creating demand for certified products. We also discuss the limited success of certification and some of the obstacles to its adoption in developing countries. The...
Tipo: Working or Discussion Paper Palavras-chave: Forest certification; Codes of conduct; Forest Stewardship Council; PEFC; Sustainable Forestry Initiative; Sustainable forest management; Resource /Energy Economics and Policy; Q23; Q56; L73; Q13.
Ano: 2005 URL: http://purl.umn.edu/10838
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Forest Service Vision: Or, Does the Forest Service Have a Future? AgEcon
Sedjo, Roger A..
This paper maintains that the Forest Service (FS), as an institution, is in deep trouble. It argues that the FS today is an agency without a unique mission and without a supporting constituency. For the FS to be viable in the future it needs a distinct well-defined mission and a committed constituency. The distinct mission needs to be generally supported, or at least not opposed, by most of the American people. The constituency needs to be committed to the FS to the extent that it will provide major support in the Congress for FS budgets. The paper identifies some potential candidates for a mission for the National Forest System (NFS), e.g., as a biological reserve or as a provider of forest recreation. Another potential paradigm could be that of the...
Tipo: Working or Discussion Paper Palavras-chave: Forestry; Forest Service; Forest management; Federal lands; Resource /Energy Economics and Policy; H41; H42; Q23; Q26; Q28.
Ano: 1998 URL: http://purl.umn.edu/10690
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Forestry Sequestration of CO2 and Markets for Timber AgEcon
Sedjo, Roger A.; Sohngen, Brent.
Forestry has been considered to have potential in reducing the atmospheric concentration of carbon dioxide by sequestrating carbon in above-ground timber and below-ground roots and soil. This potential has been noted in the Kyoto Protocol, which identified specific forestry activities for which carbon sequestration credits could be obtained. To date, a few forestry efforts have been undertaken for carbon purposes, but most of these efforts have been on a small scale. Proposals have been under discussion, however, that would result in the creation of very large areas of new forest for the purpose of offsetting some of the additional carbon that is being released into the atmosphere. Concerns are expressed, however, that large-scale sequestration operations...
Tipo: Working or Discussion Paper Palavras-chave: Carbon; Forests; Sequestration; Leakages; Timber markets; Prices; Models; Resource /Energy Economics and Policy; Q10; Q15; Q21; Q23; Q24.
Ano: 2000 URL: http://purl.umn.edu/10778
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Investments in Biodiversity Prospecting and Incentives for Conservation AgEcon
Sedjo, Roger A.; Simpson, R. David.
There is considerable interest in biodiversity prospecting (the search for valuable new products from natural sources) as a conservation strategy. In an earlier paper, we have argued that the value of the marginal species (and, by extension, the incentives for the conservation of the habitat on which it is found) is small. In this paper, we show that investments in biodiversity prospecting are unlikely to increase incentives for conservation by much. If the value of the marginal species were appreciable, researchers ought already to have made investments to exploit it. If it is not, it is doubtful that additional investments will generate any substantial increase. It is important to be clear about our findings: we are not saying that none of the myriad...
Tipo: Working or Discussion Paper Palavras-chave: Biodiversity; Biodiversity prospecting; Investment; Conservation policy; Environmental Economics and Policy; O13; Q29.
Ano: 1996 URL: http://purl.umn.edu/10821
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Macroeconomics and Forest Sustainability in the Developing World AgEcon
Sedjo, Roger A..
Governments often use fiscal, exchange rate, monetary policy as well as export promotion tax increases, privatization, and land reform as part of comprehensive adjustments packages for addressing economic imbalances, balance of payments, and structural weaknesses. Such approaches, however, have come under heavy criticism for failing to recognize the social and environmental costs associated with them. Critics have argued that economic growth, trade liberalization, and increased primary product exports increase pressure on many sectors, including the agricultural and forestry land use sectors. This paper examines a number of these types of external shocks. This paper makes two arguments. First, from a theoretical economic perspective, although in many cases...
Tipo: Working or Discussion Paper Palavras-chave: Forests; Sustainability; Macroeconomics; Trade; Exchange rates; Structural adjustment; Resource /Energy Economics and Policy.
Ano: 2005 URL: http://purl.umn.edu/10458
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Marion Clawson's Contribution to Forestry AgEcon
Sedjo, Roger A..
Marion Clawson passed away in April 1998 at the age of 92. He was a giant in the field of resource and environmental economics who devoted the last decade and one-half of his professional career to forest and forest related issues. He produced over 30 professional books and hundreds of papers. This paper presents a broad overview of his career as an economist, with a focus on his work in and influence on forestry and forest policy. From the early 1970s through to his last professional book in 1983, and his final professional contributions in the mid 1990s, Clawson devoted most of his professional efforts to forest issues. His influence on forests and forest policy was substantial, especially in the context of public policy toward America's publicly owned...
Tipo: Working or Discussion Paper Palavras-chave: Marion Clawson; Forest; Economics; Resources; Policy; Timber; Recreation; History; Resource /Energy Economics and Policy; B31; Q10; Q20; Q23; Q24; Q26; Q28.
Ano: 1999 URL: http://purl.umn.edu/10755
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Models Needed to Assist in the Development of a National Fiber Supply Strategy for the 21st Century: Report of a Workshop AgEcon
Sedjo, Roger A.; Goetzl, Alberto.
This discussion paper reports on a Workshop on Wood Fiber Supply Modeling held October 3-4, 1996 in Washington, DC. The purpose of this discussion paper is to provide an overview of some of the modeling work being done related to timber supply modeling and some of the issues related to the more useful application of wood fiber supply and projections models. This paper includes brief presentations of three commonly used long-term timber projections and forecasting models: the Timber Assessment Market Model (TAMM) of the Forest Service; the Cintrafor Global Trade Model (CGTM) of the University of Washington; and the Timber Supply Model (TSM) of Resources for the Future. Also, issues related to the useful of the models are addressed as well as a discussion of...
Tipo: Working or Discussion Paper Palavras-chave: Timber models; Market forecasting models; Wood fiber supply; Projections; Resource /Energy Economics and Policy; C62; Q21; Q23.
Ano: 1997 URL: http://purl.umn.edu/10486
Registros recuperados: 27
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