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A Net Present Value Model of Natural Gas Exploitation in Northern Alberta: An Analysis of Land Values in Woodland Caribou Ranges AgEcon
Hauer, Grant; Adamowicz, Wiktor L.; Jagodzinski, Robert.
This report was prepared for the purpose of providing background documentation of inputs to be used in mathematical programming models and papers, which are being prepared for our research project: Ecological and economic tradeoff analysis of conservation strategies for woodland caribou. The report presents a simple net present value model of resource and land value for natural gas in northern Alberta. The variables in the model include costs (drilling, seismic, operating and capital); geological variables (stratigraphic intervals, booked reserves, future reserves); drilling variables (well densities, drilling success rates, and drilling depths); production data and prices. Each variable is described in detail and methods of derivation are provided. A map...
Tipo: Working or Discussion Paper Palavras-chave: Net present value; Energy reserves; Natural gas; Caribou; Environmental Economics and Policy; Land Economics/Use; Resource /Energy Economics and Policy; Q49; Q32; Q57.
Ano: 2010 URL: http://purl.umn.edu/91422
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AN EMPIRICAL EXAMINATION OF OPTIMAL ROTATIONS IN A MULTIPLE-USE FOREST IN THE PRESENCE OF FIRE RISK AgEcon
Englin, Jeffrey E.; Boxall, Peter C.; Hauer, Grant.
Fires are an important and natural component of forest ecosystems that affect the timber value of forests, and thus optimal rotations. Fire also affects amenity values provided by forests. This analysis examines the relationships among forest fire risk, timber values, and amenity values in a Faustmann rotation framework. An empirical application of the model is presented where jack pine growth in the Canadian Shield region is integrated with the nonmarket values associated with wilderness recreation. The results suggest that while the rotation period of jack pine is shorter in the presence of fire risk, the inclusion of this particular amenity would lengthen rotation periods. The level of visits to the wilderness area has a significant effect on the...
Tipo: Journal Article Palavras-chave: Resource /Energy Economics and Policy.
Ano: 2000 URL: http://purl.umn.edu/30835
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DISCRETE STOCHASTIC PROGRAMMING: CONCEPTS, EXAMPLES AND A REVIEW OF EMPIRICAL APPLICATIONS AgEcon
Apland, Jeffrey; Hauer, Grant.
Tipo: Working or Discussion Paper Palavras-chave: Research Methods/ Statistical Methods.
Ano: 1993 URL: http://purl.umn.edu/13793
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Modeling Congestion as a Form of Interdependence in Random Utility Models AgEcon
Boxall, Peter C.; Hauer, Grant; Adamowicz, Wiktor L..
This paper develops a theory of interdependent utility functions in examining congestion in recreation demand equilibria. The notion is examined empirically through the development of congestion forecasting functions which individuals use to sort themselves among a set of recreation sites. These forecasts are used in site choice models estimated on revealed preference information. An interesting outcome of this exercise is that recreation site attribute changes, which are projected to provide positive utility, may in fact generate negative utility if the effect of the change on congestion is jointly considered.
Tipo: Working or Discussion Paper Palavras-chave: Resource /Energy Economics and Policy.
Ano: 2005 URL: http://purl.umn.edu/24078
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TRADE-ENVIRONMENT LINKAGES IN THE RESOLUTION OF TRANSBOUNDARY EXTERNALITIES AgEcon
Hauer, Grant; Runge, C. Ford.
Tipo: Working or Discussion Paper Palavras-chave: International Relations/Trade.
Ano: 1997 URL: http://purl.umn.edu/14398
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Tradeoffs Between Forestry Resource and Conservation Values Under Alternate Forest Policy Regimes: A Spatial Analysis of the Western Canadian Boreal Plains AgEcon
Hauer, Grant; Cumming, Steve; Schmiegelow, Fiona; Adamowicz, Wiktor L.; Weber, Marian; Jagodzinski, Robert.
An important element of resource management and conservation is an understanding of the tradeoffs between marketed products such as timber and measures of environmental quality such as biodiversity. In this paper, we develop an integrated economic – ecological spatial optimization model. The integrated model incorporates dynamic forest sector harvesting, oil and gas sector development, coarse filter or habitat based old-forest indicators, and a set of empirical forest bird models that predict bird abundance. Using our integrated model, economic tradeoff curves, or production possibility frontiers, are developed that illustrate the cost of achieving coarse filter targets by a set time (50 years) within a 100 year time horizon. We explore the production...
Tipo: Working or Discussion Paper Palavras-chave: Environmental Economics and Policy; Land Economics/Use; Resource /Energy Economics and Policy.
Ano: 2007 URL: http://purl.umn.edu/52086
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TRANSBOUNDARY POLLUTION AND THE KUZNET'S CURVE IN THE GLOBAL COMMONS AgEcon
Hauer, Grant; Runge, C. Ford.
Recent empirical work suggests an inverted U-shaped relationship between pollution and national income (the environmental Kuznet's curve). This work has typically ignored the fact that pollutants are dispersed to varying degrees. This study shows how varying levels of spatial pollution dispersion (or "publicness") can affect pollution-income relationships. A public goods model captures the idea of the "global commons" with two pollutants. The model suggests that no refutable hypotheses are possible without restrictions on income and substitution effects. With such restrictions, emission levels are lower for countries that have high pollution spillovers and larger proportions of pollution emitted within their borders. The model motivates the use of a...
Tipo: Working or Discussion Paper Palavras-chave: Environmental Economics and Policy.
Ano: 2000 URL: http://purl.umn.edu/14423
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