Analytics of timber supply and forest taxation under endogenous credit rationing - Separability after all

Journal of Forest Economics

Volumn 2, Issue 2, 1996, Pages 93-126

  Ollikainen, Markku ^a  

^a UNIVERSITY OF HELSINKI   (Finland)

Author keywords

Credit rationing; Default risk; Optimal forest taxation

Indexed keywords

CREDIT RATIONING; FOREST TAX; HARVESTING BEHAVIOUR; THEORETICAL STUDY;

EID: 0030480546     PISSN: 11046899     EISSN: None     Source Type: Journal    
DOI: None     Document Type: Article

References (7)

1. Arrow, K. & Lind R., 1970. Uncertainty and the Evaluation of Public Investments. American Economic Review, 60, 364-378.
2. Barro, R. J., 1974. Are Government Bonds Net Wealth? Journal of Political Economy, 82, 1095-1017.
3. Chang, S. J., 1982. An Economic Analysis of Forest Taxation's Impact on Optimal Rotation Age. Land Economics, 58, 310323.
4. de Meza, D. & Webb, D., 1992. Efficient Credit Rationing. European Economic Review, 36, 1277-1290.
5. Jackson, D. H., 1980. Microeconomics of the Timber Industry (Boulder: Westview Press).
6. Hyde, W. F., 1980. Timber Supply, Land Allocation and Economic Efficiency (Baltimore: Johns Hopkins University Press).
7. Jaffee, D. & Russel, T., 1976. Imperfect Information, Uncertainty and Credit Rationing. Quarterly Journal of Economics, 90, 651-666.