Taxation, bequests, and short and long run timber supplies: An overlapping generations problem

Environmental and Resource Economics

Volumn 13, Issue 3, 1999, Pages 269-288

  Amacher, Gregory S ^a   Brazee, Richard ^b   Koskela, Erkki ^c   Ollikainen, Markku ^c  

^a VIRGINIA POLYTECHNIC INSTITUTE AND STATE UNIVERSITY   (United States)

^b UNIVERSITY OF ILLINOIS AT URBANA CHAMPAIGN   (United States)

^c UNIVERSITY OF HELSINKI   (Finland)

Author keywords

Forest bequests; Overlapping generations; Timber supply

Indexed keywords

DEVELOPING COUNTRIES; ECONOMIC AND SOCIAL EFFECTS; FORESTRY; WOOD PRODUCTS;

FOREST BEQUESTS; OVERLAPPING GENERATIONS; TIMBER SUPPLIES;

TAXATION;

ECONOMIC INSTRUMENT; ENVIRONMENTAL ECONOMICS; MODELING; TAX SYSTEM; TIMBER HARVESTING;

EID: 0033119244     PISSN: 09246460     EISSN: None     Source Type: Journal    
DOI: 10.1023/A:1008252004784     Document Type: Article

References (24)

1. Amacher, G. (1997), 'The Design of Forest Taxation: A Synthesis with new Frontiers', Silva Fennica 31(1), 101-119.
2. Amacher, G. and R. Brazee (1997), 'Designing Forest Taxes with Varying Government Preferences and Budget Targets', Journal of Environmental Economics and Management 32, 323-340.
3. Amacher, G., R. Brazee and T. Thompson (1991), 'The Effects of Forest Productivity Taxes on Optimal Rotation Age and Initial Stand Investment', Forest Science 37, 1099-1118.
4. Blanchard, O. and S. Fischer (1990), Lectures in Macroeconomics. Cambridge: MIT Press.
5. Boyd. R. and W. Hyde (1989), Forestry Sector Intervention: The Impacts of Public Regulation on Social Welfare. Ames, Iowa: Iowa State University Press.
6. Carmichael, J. (1983), 'On Barro's Theorem of Debt Neutrality: The Irrelevance of Net Wealth', American Economic Review 72, 202-213.
7. Dennis, D. and P. Sendak (1992), 'An Empirical Study of Enrollment in Vermont's Use Value Appraisal Property Tax Program', Canadian Journal of Forest Research 22, 1209-1214.
8. Galor, O. and H. Ryder (1991), 'Dynamic Efficiency of Steady State Equilibria in an Overlapping Generations Model with Productive Capital', Economics Letters 35, 385-390.
9. Hultkrantz, L. (1992), Forestry and the Bequest Motive', Journal of Environmental Economics and Management 22, 164-177.
10. Ihori, T. (1996), Public Finance in an Overlapping Generations Economy. London: Macmillan Press.
11. Jackson (1980), The Microeconomics of the Timber Industry. Boulder, Colorado: Westview Press.
12. Johansson, P.-O., and K.-G. Löfgren (1985), The Economics of Forestry and Natural Resources. Oxford: Basil Blackwell Press.
13. Koskela, E. (1989), 'Forest Taxation and Timber Supply under Price Uncertainty: Perfect Capital Markets', Forest Science 35, 137-159.
14. Koskela, E. and M. Ollikainen (1997a), 'Optimal Forest Taxation with Multiple Use Characteristics of Forest Stands', Environmental and Resource Economics 10, 41-62.
15. Koskela, E. and M. Ollikainen (1997b), 'Tax Incidence and Optimal Forest Taxation Under Stochastic Demand', Forest Science (In Press).
16. Klemperer, D. (1977), 'Unmodified Property Tax - Is It Fair?', Journal of Forestry 75(10), 650-652.
17. Kuuluvainen, Y. (1989), Nonindustrial Timber Supply and Credit Rationing, Microeconomic Foundations with Empirical Evidence From the Finnish Case. Report 85. Department of Forest Economics. Swedish University of Agricultural Sciences, Umea, Sweden.
18. Löfgren, K.-G. (1991), 'Another Reconciliation between Economists and Forestry Experts: OLG-Arguments', Environmental and Resource Economics 1, 83-95.
19. Myles, G. D. (1995), Public Economics. Cambridge: Cambridge University Press.
20. Ollikainen, M. (1996), 'The Analytics of Timber Supply and Forest Taxes under Endogenous Credit Rationing: Separability After All', Journal of Forest Economics 2, 93-130.
21. Ovaskainen, V (1992), 'Forest Taxation: Timber Supply and Economic Efficiency', Acta Forestalia Fennica 233.
22. Royer, J. and C. Risbrudt (1983), Nonindustrial Private Forests: A Review of Economic and Policy Studies. Duke University School of Forestry and Environmental Studies.
23. Varian, H. (1992), Microeconomic Analysis. New York: W. W. Norton and Company.
24. Weil, P. (1987), 'Love Thy Children: Reflections in the Barro Debt Neutrality Theorem', Journal of Monetary Economics 19, 377-391.