Forest Management, Public Goods, and Optimal Policies

Posted: 11 Oct 2016

See all articles by Markku Ollikainen

Markku Ollikainen

University of Helsinki - Department of Political and Economic Studies

Date Written: October 2016

Abstract

This review examines the provision of public goods and the prevention of negative externalities in forest management. It focuses on three issues: (a) biodiversity conservation and maintenance, (b) the role of forestry in carbon policies, and (c) internalizing negative water externalities. Public goods and negative externalities appear differently under different forest management regimes. A distinction is made between even-aged management, defined by the rotation framework, and uneven-aged management, defined by continuous cover models. Although the review focuses mostly on analytical models, it briefly considers recent numerical models relying on the detailed description of forest management. Both conventional instruments and new payments for ecosystem services are discussed.

Suggested Citation

Ollikainen, Markku, Forest Management, Public Goods, and Optimal Policies (October 2016). Annual Review of Resource Economics, Vol. 8, Issue 1, pp. 207-226, 2016. Available at SSRN: https://ssrn.com/abstract=2850940 or http://dx.doi.org/10.1146/annurev-resource-100815-095450

Markku Ollikainen (Contact Author)

University of Helsinki - Department of Political and Economic Studies ( email )

P.O. Box 54
FIN-00014 Helsinki
Finland

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