Abstract

http://ssrn.com/abstract=1586271
 
 

Footnotes (5)



 


 



Towards a Dynamic Ecol-Econ CGE Model with Forest as Biomass Capital


Örjan Furtenback


Swedish University of Agricultural Sciences (SLU) - Department of Forest Economics

April 8, 2010

CERE Working Paper No. 2010:6

Abstract:     
This study presents a Dynamic Computable General Equilibrium model that combines economic and ecological aspects of forest biomass. A framework is introduced for modeling the growth of a biomass stock which interacts with economic sectors. Harvest of and demand for forest products and forest amenities are determined endogenously in an inter-temporally consistent way. The idea is based on a Markovian growth model of the forest. The study demonstrates an approach for incorporating non-market values of forests, such as carbon sequestration, recreation and biodiversity, into a growth model. A simulation illustrates harvest behaviour when the economy is subjected to shocks.

Number of Pages in PDF File: 24

Keywords: Dynamic CGE, Markovian growth, Ecosystem modeling, Inter-temporal optimization, Infinite-horizon equilibria

JEL Classification: C68, D58, Q26

working papers series


Download This Paper

Date posted: April 12, 2010  

Suggested Citation

Furtenback, Örjan, Towards a Dynamic Ecol-Econ CGE Model with Forest as Biomass Capital (April 8, 2010). CERE Working Paper No. 2010:6. Available at SSRN: http://ssrn.com/abstract=1586271 or http://dx.doi.org/10.2139/ssrn.1586271

Contact Information

Örjan Furtenback (Contact Author)
Swedish University of Agricultural Sciences (SLU) - Department of Forest Economics ( email )
S-901 83 Umea
Sweden
Feedback to SSRN


Paper statistics
Abstract Views: 243
Downloads: 39
Footnotes:  5

© 2014 Social Science Electronic Publishing, Inc. All Rights Reserved.  FAQ   Terms of Use   Privacy Policy   Copyright   Contact Us
This page was processed by apollo3 in 0.453 seconds