메뉴 건너뛰기




Volumn 27, Issue 2, 2010, Pages 489-496

Land speculation and interest rate subsidies as a cause of deforestation: The role of cattle ranching in Costa Rica

Author keywords

Cattle ranching; Deforestation; Dynamic optimization; Investment theory; Land speculation

Indexed keywords

ANTHROPOGENIC EFFECT; BROWNIAN MOTION; CATTLE; DEFORESTATION; INTEREST RATE; INVESTMENT; LAND DEGRADATION; NATURE-SOCIETY RELATIONS; NEOCLASSICAL THEORY; NUMERICAL MODEL; OPTIMIZATION; RANCHING; SUBSIDY SYSTEM;

EID: 70449625498     PISSN: 02648377     EISSN: None     Source Type: Journal    
DOI: 10.1016/j.landusepol.2009.07.002     Document Type: Article
Times cited : (14)

References (59)
  • 1
    • 0001537962 scopus 로고
    • Optimal investment under uncertainty
    • Abel A.B. Optimal investment under uncertainty. American Economic Review 73 (1983) 228-233
    • (1983) American Economic Review , vol.73 , pp. 228-233
    • Abel, A.B.1
  • 2
    • 0001371502 scopus 로고
    • Consumption and investment
    • Friedman B., and Hahn F. (Eds), Elsevier Science Publishers, New York, USA
    • Abel A.B. Consumption and investment. In: Friedman B., and Hahn F. (Eds). Handbook of Monetary Economics (1990), Elsevier Science Publishers, New York, USA 726-778
    • (1990) Handbook of Monetary Economics , pp. 726-778
    • Abel, A.B.1
  • 3
    • 0031138798 scopus 로고    scopus 로고
    • An exact solution for the investment and value of a firm facing uncertainty, adjustment costs, and irreversibility
    • Abel A.B., and Eberly J.C. An exact solution for the investment and value of a firm facing uncertainty, adjustment costs, and irreversibility. Journal of Economic Dynamics and Control 21 (1997) 831-852
    • (1997) Journal of Economic Dynamics and Control , vol.21 , pp. 831-852
    • Abel, A.B.1    Eberly, J.C.2
  • 5
    • 0033498586 scopus 로고    scopus 로고
    • Agricultural expansion and deforestation: modelling the impact of population, market forces and property rights
    • Angelsen A. Agricultural expansion and deforestation: modelling the impact of population, market forces and property rights. Journal of Development Economics 58 1 (1999) 185-218
    • (1999) Journal of Development Economics , vol.58 , Issue.1 , pp. 185-218
    • Angelsen, A.1
  • 6
    • 0026049992 scopus 로고
    • The economics of tropical deforestation
    • Barbier E.B., Burgess J.C., and Markandya A. The economics of tropical deforestation. Ambio 20 2 (1991) 55-58
    • (1991) Ambio , vol.20 , Issue.2 , pp. 55-58
    • Barbier, E.B.1    Burgess, J.C.2    Markandya, A.3
  • 8
    • 84995453303 scopus 로고
    • Irreversibility, uncertainty and cyclical investment
    • Bernanke B.S. Irreversibility, uncertainty and cyclical investment. Quarterly Journal of Economics 98 1 (1983) 85-106
    • (1983) Quarterly Journal of Economics , vol.98 , Issue.1 , pp. 85-106
    • Bernanke, B.S.1
  • 9
    • 18644386668 scopus 로고    scopus 로고
    • Is the investment-uncertainty relationship nonlinear? An empirical analysis for the Netherlands
    • Bo H., and Lensink R. Is the investment-uncertainty relationship nonlinear? An empirical analysis for the Netherlands. Economica 72 (2005) 307-331
    • (2005) Economica , vol.72 , pp. 307-331
    • Bo, H.1    Lensink, R.2
  • 10
    • 70449690105 scopus 로고    scopus 로고
    • Bouman, B.A.M, Nieuwenhuyse, A, Hengsdijk, H, 1998. PASTOR: A Technical Coefficient Generator for Pasture and Livestock Systems in the Humid Tropics, Version 2.0. AB-DLO, C.T. de Wit Graduate School for Production Ecology, Wageningen, The Netherlands, 59 p
    • Bouman, B.A.M., Nieuwenhuyse, A., Hengsdijk, H., 1998. PASTOR: A Technical Coefficient Generator for Pasture and Livestock Systems in the Humid Tropics, Version 2.0. AB-DLO - C.T. de Wit Graduate School for Production Ecology, Wageningen, The Netherlands, 59 p.
  • 11
    • 0024190163 scopus 로고
    • Public policy and deforestation in the Brazilian Amazon
    • Repetto R., and Gillis M. (Eds), Cambridge University Press, Cambridge, UK
    • Browder J.O. Public policy and deforestation in the Brazilian Amazon. In: Repetto R., and Gillis M. (Eds). Public Policies and the Misuse of Forest Resources (1988), Cambridge University Press, Cambridge, UK 247-297
    • (1988) Public Policies and the Misuse of Forest Resources , pp. 247-297
    • Browder, J.O.1
  • 12
    • 0034423750 scopus 로고    scopus 로고
    • The economics of soil nutrient stocks and cattle ranching in the tropics: optimal pasture degradation in humid Costa Rica
    • Bulte E.H., Bouman B.A.M., Plant R.A.J., Nieuwenhuyse A., and Jansen H.G.P. The economics of soil nutrient stocks and cattle ranching in the tropics: optimal pasture degradation in humid Costa Rica. European Review of Agricultural Economics 27 2 (2000) 207-226
    • (2000) European Review of Agricultural Economics , vol.27 , Issue.2 , pp. 207-226
    • Bulte, E.H.1    Bouman, B.A.M.2    Plant, R.A.J.3    Nieuwenhuyse, A.4    Jansen, H.G.P.5
  • 14
    • 35549011056 scopus 로고    scopus 로고
    • On the gains of committing to inefficiency: corruption, deforestation and low land productivity in Latin America
    • Bulte H., Damania R., and Lópes R. On the gains of committing to inefficiency: corruption, deforestation and low land productivity in Latin America. Journal of Environmental Economics and Management 54 (2007) 277-295
    • (2007) Journal of Environmental Economics and Management , vol.54 , pp. 277-295
    • Bulte, H.1    Damania, R.2    Lópes, R.3
  • 15
  • 16
    • 0030619350 scopus 로고    scopus 로고
    • Managing cattle grazing under degraded forests: an optimal control approach
    • Costanza V., and Neuman C.E. Managing cattle grazing under degraded forests: an optimal control approach. Ecological Economics 21 2 (1997) 123-129
    • (1997) Ecological Economics , vol.21 , Issue.2 , pp. 123-129
    • Costanza, V.1    Neuman, C.E.2
  • 17
    • 0005729447 scopus 로고    scopus 로고
    • Land institutions and land markets
    • Gardner B.L., and Rausser G.C. (Eds), Elsevier North Holland, Amsterdam, The Netherlands
    • Deininger K., and Feder G. Land institutions and land markets. In: Gardner B.L., and Rausser G.C. (Eds). Handbook of Agricultural Economics, Volume 1, Part 1 (2001), Elsevier North Holland, Amsterdam, The Netherlands 288-331
    • (2001) Handbook of Agricultural Economics, Volume 1, Part 1 , pp. 288-331
    • Deininger, K.1    Feder, G.2
  • 18
    • 0027044256 scopus 로고
    • The Social Dynamics of Deforestation in the Brazilian Amazon: An Overview
    • Department Publication 36, Geneva, Switzerland, 42 pp
    • Diegues, A.C., 1992. The Social Dynamics of Deforestation in the Brazilian Amazon: An Overview. United Nations Research Institute for Social Development (UNSRISD), Department Publication 36, Geneva, Switzerland, 42 pp.
    • (1992) United Nations Research Institute for Social Development (UNSRISD)
    • Diegues, A.C.1
  • 21
    • 70449660982 scopus 로고    scopus 로고
    • FAO, 2008. The FAOSTAT Databases. Food and Agriculture Organization of the United Nations (FAO), http://faostat.fao.org/site/377/default.aspx#ancor or via the FAO homepage: http://www.fao.org/.
    • FAO, 2008. The FAOSTAT Databases. Food and Agriculture Organization of the United Nations (FAO), http://faostat.fao.org/site/377/default.aspx#ancor or via the FAO homepage: http://www.fao.org/.
  • 22
    • 0012528847 scopus 로고
    • Deforestation and agricultural development in Brazilian Amazonia
    • Fearnside P.M. Deforestation and agricultural development in Brazilian Amazonia. Interciencia 14 (1989) 291-297
    • (1989) Interciencia , vol.14 , pp. 291-297
    • Fearnside, P.M.1
  • 24
    • 20044366628 scopus 로고    scopus 로고
    • Deforestation in Brazilian Amazonia: history, rates and consequences
    • Fearnside P.M. Deforestation in Brazilian Amazonia: history, rates and consequences. Conservation Biology 19 3 (2005) 680-688
    • (2005) Conservation Biology , vol.19 , Issue.3 , pp. 680-688
    • Fearnside, P.M.1
  • 25
    • 0002833302 scopus 로고
    • Adjustment costs in the theory of investment of the firm
    • Gould J.P. Adjustment costs in the theory of investment of the firm. Review of Economic Studies 35 (1968) 47-55
    • (1968) Review of Economic Studies , vol.35 , pp. 47-55
    • Gould, J.P.1
  • 26
    • 33745700803 scopus 로고    scopus 로고
    • Extra-legal land market dynamics on a Guatemalan agricultural frontier: implications for neoliberal land policies
    • Gould K.A., Carter D.R., and Shrestha R.K. Extra-legal land market dynamics on a Guatemalan agricultural frontier: implications for neoliberal land policies. Land Use Policy 23 (2006) 408-420
    • (2006) Land Use Policy , vol.23 , pp. 408-420
    • Gould, K.A.1    Carter, D.R.2    Shrestha, R.K.3
  • 27
    • 0001339668 scopus 로고
    • The effects of price and cost uncertainty on investment
    • Hartman R. The effects of price and cost uncertainty on investment. Journal of Economic Theory 5 (1972) 258-266
    • (1972) Journal of Economic Theory , vol.5 , pp. 258-266
    • Hartman, R.1
  • 28
    • 0022244420 scopus 로고
    • Environment, development and politics: capital accumulation and the livestock sector in Eastern Amazonia
    • Hecht S.B. Environment, development and politics: capital accumulation and the livestock sector in Eastern Amazonia. World Development 13 6 (1985) 663-684
    • (1985) World Development , vol.13 , Issue.6 , pp. 663-684
    • Hecht, S.B.1
  • 29
    • 0010231510 scopus 로고
    • Logics of livestock and deforestation: the case of Amazonia
    • Downing T.E., Hecht S.B., Pearson H.A., and Garcia-Downing C. (Eds), Westview Press, Boulder, Colombia, USA
    • Hecht S.B. Logics of livestock and deforestation: the case of Amazonia. In: Downing T.E., Hecht S.B., Pearson H.A., and Garcia-Downing C. (Eds). Development or Destruction: The Conversion of Tropical Forest to Pasture in Latin America (1992), Westview Press, Boulder, Colombia, USA 7-25
    • (1992) Development or Destruction: The Conversion of Tropical Forest to Pasture in Latin America , pp. 7-25
    • Hecht, S.B.1
  • 30
    • 0001494666 scopus 로고
    • The economics of cattle ranching in Eastern Amazonia
    • Hecht S.B., Norgaard R.B., and Possio G. The economics of cattle ranching in Eastern Amazonia. Interciencia 13 5 (1988) 233-240
    • (1988) Interciencia , vol.13 , Issue.5 , pp. 233-240
    • Hecht, S.B.1    Norgaard, R.B.2    Possio, G.3
  • 31
    • 0037212788 scopus 로고    scopus 로고
    • Industry-wide versus firm-specific uncertainty and investment: British company panel data evidence
    • Henley A., Carruth A., and Dickerson A. Industry-wide versus firm-specific uncertainty and investment: British company panel data evidence. Economics Letters 78 (2003) 87-92
    • (2003) Economics Letters , vol.78 , pp. 87-92
    • Henley, A.1    Carruth, A.2    Dickerson, A.3
  • 40
    • 0036656073 scopus 로고    scopus 로고
    • An analysis of land conversion from sustainable forestry to pasture: a case study in the Bolivian lowlands
    • Merry F.D., Hildebrand P.E., Pattie P., and Carter D.R. An analysis of land conversion from sustainable forestry to pasture: a case study in the Bolivian lowlands. Land Use Policy 19 (2002) 207-215
    • (2002) Land Use Policy , vol.19 , pp. 207-215
    • Merry, F.D.1    Hildebrand, P.E.2    Pattie, P.3    Carter, D.R.4
  • 41
    • 0348101677 scopus 로고
    • Management of grazing systems
    • Morley F.H.W. (Ed), Elsevier Scientific Publishing Company, Amsterdam, The Netherlands
    • Morley F.H.W. Management of grazing systems. In: Morley F.H.W. (Ed). Grazing Animals (1981), Elsevier Scientific Publishing Company, Amsterdam, The Netherlands 379-400
    • (1981) Grazing Animals , pp. 379-400
    • Morley, F.H.W.1
  • 42
    • 2442616657 scopus 로고
    • External and internal adjustment costs and the theory of aggregate and firm investment
    • Mussa M. External and internal adjustment costs and the theory of aggregate and firm investment. Economica 47 (1977) 163-178
    • (1977) Economica , vol.47 , pp. 163-178
    • Mussa, M.1
  • 43
    • 0028580313 scopus 로고
    • An optimization model of the dual-purpose cattle production system in the humid lowlands of Venezuela
    • Nicholson C.F., Lee D.R., and Boisvert R.N. An optimization model of the dual-purpose cattle production system in the humid lowlands of Venezuela. Agricultural Systems 46 (1994) 311-334
    • (1994) Agricultural Systems , vol.46 , pp. 311-334
    • Nicholson, C.F.1    Lee, D.R.2    Boisvert, R.N.3
  • 45
    • 0000888844 scopus 로고
    • Irreversible investment, capacity choice, and the value of the firm
    • Pindyck R.S. Irreversible investment, capacity choice, and the value of the firm. American Economic Review 78 (1988) 969-985
    • (1988) American Economic Review , vol.78 , pp. 969-985
    • Pindyck, R.S.1
  • 46
    • 0035443072 scopus 로고    scopus 로고
    • A dynamic model of patterns of deforestation and their effect on the ability of the Brazilian Amazonia to provide ecosystem services
    • Portela R., and Rademacher I. A dynamic model of patterns of deforestation and their effect on the ability of the Brazilian Amazonia to provide ecosystem services. Ecological Modelling 143 (2001) 115-146
    • (2001) Ecological Modelling , vol.143 , pp. 115-146
    • Portela, R.1    Rademacher, I.2
  • 47
    • 70449634826 scopus 로고    scopus 로고
    • Payment for environmental services in Costa Rica: carbon sequestration estimations of native tree plantations
    • Redondo-Brenes A. Payment for environmental services in Costa Rica: carbon sequestration estimations of native tree plantations. Tropical Resources Bulletin 24 1 (2005) 20-29
    • (2005) Tropical Resources Bulletin , vol.24 , Issue.1 , pp. 20-29
    • Redondo-Brenes, A.1
  • 48
    • 0002477568 scopus 로고
    • Risk attitudes: concepts and measurement approaches
    • Barry P.J. (Ed), Iowa State University Press, Iowa, USA
    • Robison L.J., Barry P.J., Kliebenstein J.B., and Patrick G.F. Risk attitudes: concepts and measurement approaches. In: Barry P.J. (Ed). Risk Management in Agriculture (1984), Iowa State University Press, Iowa, USA 11-30
    • (1984) Risk Management in Agriculture , pp. 11-30
    • Robison, L.J.1    Barry, P.J.2    Kliebenstein, J.B.3    Patrick, G.F.4
  • 50
    • 70449668439 scopus 로고    scopus 로고
    • Salas, W.U., León, J.S., Aguilar, J., Barboza, C.V., 1983. El Sector Agropecuario Costaricense: Un Análisis Dinámico 1950-1980. University of Costa Rica - School of Agricultural Economics (UCR-SAE), San José, Costa Rica, 198 pp.
    • Salas, W.U., León, J.S., Aguilar, J., Barboza, C.V., 1983. El Sector Agropecuario Costaricense: Un Análisis Dinámico 1950-1980. University of Costa Rica - School of Agricultural Economics (UCR-SAE), San José, Costa Rica, 198 pp.
  • 51
    • 34247101808 scopus 로고    scopus 로고
    • Risk aversion, intertemporal substitution, and the aggregate investment-uncertainty relationship
    • Saltari E., and Ticchi D. Risk aversion, intertemporal substitution, and the aggregate investment-uncertainty relationship. Journal of Monetary Economics 54 (2007) 622-648
    • (2007) Journal of Monetary Economics , vol.54 , pp. 622-648
    • Saltari, E.1    Ticchi, D.2
  • 52
    • 50849117143 scopus 로고    scopus 로고
    • Evolution of the Amazonian frontier: land use values in Rondônia, Brazil
    • Sills E.O., and Caviglia-Harris J.L. Evolution of the Amazonian frontier: land use values in Rondônia, Brazil. Land Use Policy 26 (2008) 55-67
    • (2008) Land Use Policy , vol.26 , pp. 55-67
    • Sills, E.O.1    Caviglia-Harris, J.L.2
  • 53
    • 0030619352 scopus 로고    scopus 로고
    • Land Speculation at the frontier: a seeming paradox in the Colombian Savana
    • Smith J., Cadavid J.V., Rincón A., and Vera R. Land Speculation at the frontier: a seeming paradox in the Colombian Savana. Agricultural Systems 54 (1997) 501-520
    • (1997) Agricultural Systems , vol.54 , pp. 501-520
    • Smith, J.1    Cadavid, J.V.2    Rincón, A.3    Vera, R.4
  • 54
    • 0003183328 scopus 로고
    • Solving empirical bioeconomic models: a rangeland management application
    • Standiford R.B., and Howitt R.E. Solving empirical bioeconomic models: a rangeland management application. American Journal of Agricultural Economics 74 2 (1992) 421-433
    • (1992) American Journal of Agricultural Economics , vol.74 , Issue.2 , pp. 421-433
    • Standiford, R.B.1    Howitt, R.E.2
  • 55
    • 0002661755 scopus 로고
    • A general equilibrium approach to monetary theory
    • Tobin J. A general equilibrium approach to monetary theory. Journal of Money and Credit Banking 1 (1969) 15-29
    • (1969) Journal of Money and Credit Banking , vol.1 , pp. 15-29
    • Tobin, J.1
  • 56
    • 70449654602 scopus 로고
    • La Ganaderia de Carne en el Norte de la Zona Atlantica de Costa Rica. CATIE/WU/MAG
    • No.31
    • Van Hijfte, P.A., 1989. La Ganaderia de Carne en el Norte de la Zona Atlantica de Costa Rica. CATIE/WU/MAG, Field Report No.31.
    • (1989) Field Report
    • Van Hijfte, P.A.1
  • 57
    • 0033998289 scopus 로고    scopus 로고
    • Deforestation and cattle ranching in the Brazilian Amazon: external capital and household processes
    • Walker R., Moran E., and Anselin L. Deforestation and cattle ranching in the Brazilian Amazon: external capital and household processes. World Development 28 4 (2000) 683-699
    • (2000) World Development , vol.28 , Issue.4 , pp. 683-699
    • Walker, R.1    Moran, E.2    Anselin, L.3
  • 58
    • 0023486139 scopus 로고
    • Stocking rate
    • Snaydon R.W. (Ed), Elsevier Science Publishers, Amsterdam, The Netherlands
    • White D.H. Stocking rate. In: Snaydon R.W. (Ed). Managed Grasslands: Analytical Studies (1987), Elsevier Science Publishers, Amsterdam, The Netherlands 227-238
    • (1987) Managed Grasslands: Analytical Studies , pp. 227-238
    • White, D.H.1
  • 59
    • 0003926535 scopus 로고    scopus 로고
    • World Bank, CD-ROM. The World Bank Group, Washington, USA
    • World Bank, 2008. World Development Indicators: CD-ROM. The World Bank Group, Washington, USA.
    • (2008) World Development Indicators


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.