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Publicação
Urban deforestation and urban development
Autores
Cunha-e-Sá, Maria A.
Fernandes Franco, Sofia
Rosa, Renato
Orientador(es)
Resumo(s)
This paper has developed a model of a single forest owner operating with
perfect foresight in a dynamic open-city environment that allows for switching
between alternative competing land uses (forest and urban use) at some point in
the future. The model also incorporates external values of an even-aged standing
forest in addition to the value of timber when it is harvested. Timber is
exploited based on a multiple rotation model a la Faustmann with clear-cut harvesting.
In contrast to previous models, our alternative land use to forest land is
endogenous. Within this framework, we study the problem of the private owner
as well as that of the social planner, when choosing the time to harvest, the time
to convert land and the intensity of development. We also examine the extent to
which the two-way linkage between urban development and forest management
practices (timber production and provision of forest amenities) contributes to
economic efficiency and improvements in non-market forest benefits. Finally, we
consider policy options available to a regulator seeking to achieve improvements
in efficiency including anti-sprawl policies (impact fees and density controls) and
forest policies such a yield tax. Numerical simulations illustrate our analytical
results.
Descrição
Palavras-chave
Deforestation Urban development Forest management practices Anti-sprawl policies Yield taxes