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| Hyytiainen, Kari; Leppanen, J.; Pahkasalo, T.. |
| Rational land use decisions of private landowners are analysed in the framework of Common Agricultural Policy and other public support schemes effective in Finland in 2003. Net present values are computed for a marginal hectare of a typical Finnish farm. Three alternative land uses are considered: traditional cultivation of oats (Avena sativa L.), cultivation of reed canary grass (Phalaris Arundinacea L.) for energy production, and production of Norway spruce (Picea abies [L.] Karst.) timber. Both arable land and forested land are considered as initial states. Experimental data from 38 afforested stands and distance-independent individual-tree stand growth model are used for computing discounted net returns from forestry. Statistics on market prices,... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Common Agricultural Policy; Energy grass; Incentives; Land use; Resource /Energy Economics and Policy. |
| Ano: 2008 |
URL: http://purl.umn.edu/44178 |
