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Modelling economic impacts of water storage in North Canterbury AgEcon
Daigneault, Adam J.; Greenhalgh, Suzie; Lennox, James A..
Despite the importance of the agricultural and downstream processing sectors in the New Zealand economy, there is no tradition of using partial or general equilibrium models to evaluate policies or other measures directed at the agricultural sector. Policy-makers have instead relied on the development of ad hoc scenarios of land use change, farm budget models, and simple multiplier analysis of flow-on effects. To redress this situation, we have developed a catchment-scale partial equilibrium framework based on the US REAP model, which we have thus far calibrated for two different catchments. In this paper, we present an application of the model to the Hurunui Catchment in North Canterbury in which we assess several scenarios for the development of...
Tipo: Conference Paper or Presentation Palavras-chave: Partial Equilibrium Modelling; Agriculture & Forestry Sector; Land Use; Water Quality; Water Quantity; Resource /Energy Economics and Policy.
Ano: 2011 URL: http://purl.umn.edu/100541
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Modelling Forestry in Dynamic General Equilibrium AgEcon
Lennox, James A.; Turner, James A.; Daigneault, Adam J.; Jhunjhnuwala, K..
Adequately representing dynamic characteristics of land use change and forestry in computable general equilibrium models is challenging but essential if modellers are to provide credible assessments of policies that directly or indirectly influence these phenomena. In this paper, we show how a dynamic representation of planted or naturally regenerating forests may be integrated within a neoclassical, intertemporal general equilibrium model. We demonstrate the application of such a model to assess the impacts of including forestry within a hypothetical emissions trading scheme in the US, showing the resulting changes in land use and increases in the optimal rotation length.
Tipo: Conference Paper or Presentation Palavras-chave: Intertemporal general equilibrium; Optimal forest management; Forest carbon credits; Crop Production/Industries; Environmental Economics and Policy.
Ano: 2011 URL: http://purl.umn.edu/115409
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Price effects of an emissions trading scheme in New Zealand AgEcon
Lennox, James A.; Andrew, Robbie; Forgie, V..
Implementation of a New Zealand Emission Trading Scheme (NZ ETS) will begin in 2008, beginning with forestry, subsequently including energy and industrial emissions, and finally, agricultural GHGs from 2013. Reducing agricultural emissions is a major challenge for New Zealand as they account for over half its total GHG emissions. On the other hand, agriculture is critical to the economy, with its basic and processed products accounting for a third of exports. We use an environmental input-output model to analyse direct and indirect cost impacts of emissions pricing on food and fibre sectors. At NZ $25/t CO₂-eq, costs of energy-related emissions on the food and fibre sectors are very small; however, costs of agricultural emissions post 2013 would...
Tipo: Conference Paper or Presentation Palavras-chave: Emissions trading; Input-output price model; Agricultural greenhouse gases; Demand and Price Analysis; Environmental Economics and Policy; Land Economics/Use.
Ano: 2008 URL: http://purl.umn.edu/6678
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