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| Biggs, Jeffrey; Laaksonen-Craig, Susanna. |
| Carbon offsets generated under the Kyoto Protocol should be included in the management options that resource managers are considering. This paper investigates investments in afforestation for the generation of KP compliant carbon offsets in the Timmins Management Unit, concentrating on the availability of quality carbon budget models, domestic carbon market concerns and the presence of an enabling environment. A modelling exercise is undertaken using GORCAM-WC1, with ownership, leading species, investment horizon, site productivity and carbon price as variables. Under current institutional frameworks, afforestation projects with the purpose of generating carbon offsets in the TMU are not viable investments for the first commitment period, though such... |
| Tipo: Working or Discussion Paper |
Palavras-chave: Resource /Energy Economics and Policy. |
| Ano: 2004 |
URL: http://purl.umn.edu/18162 |
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| Hanninen, Riitta; Laaksonen-Craig, Susanna; Toppinen, Anne. |
| In previous literature, the degree of exchange rate pass-through to importing countrys currency has often been found to be incomplete, which supports the idea of imperfect competition in the forest products markets. In this study, exchange rate pass-through is examined by employing a mark-up model for the UK and German pulp and newsprint markets for 198697. Two specifications are compared, one where exchange rates in importing countries are employed and the other that attributes for the fact that US dollar is largely used in pricing for forest industry products in Europe. In contrast to previous studies, our estimates indicate very low degrees of pass-through, which is consistent with competitive European markets for pulp and paper. Consequently,... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Exchange rate; Pass-through; Pricing currency; Pulp; Newsprint; Stumpage prices; Cointegration; Resource /Energy Economics and Policy. |
| Ano: 2000 |
URL: http://purl.umn.edu/36502 |
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| Biggs, Jeffrey; Laaksonen-Craig, Susanna; Niquidet, Kurt; van Kooten, G. Cornelis. |
| Prominent trade disputes between Canada and the U.S. involve agriculture and forestry, with lack of transparency caused by Canadian non-market institutions a source of U.S. objections. Though there has been a recent flurry of activity in the binational dispute resolution panel on Canadian exports of wheat, one of every six panels since 1989 has involved softwood lumber. We examine lessons from the lumber dispute to shed light on U.S. objections to the Canadian Wheat Board (CWB). We argue that U.S. lumber lobbyists will continue to use perceived Canadian institutional obscurity to keep pressure on policymakers, while the CWB system enables similar agricultural interests in to agitate for trade sanctions. Traditional strategies such as dispute resolution... |
| Tipo: Working or Discussion Paper |
Palavras-chave: International Relations/Trade; Q17; Q18; Q23; Q27. |
| Ano: 2005 |
URL: http://purl.umn.edu/37011 |
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