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Journal Cover   Land Economics
  [SJR: 1.669]   [H-I: 55]   [5 followers]  Follow
   Full-text available via subscription Subscription journal
   ISSN (Print) 0023-7639 - ISSN (Online) 1543-8325
   Published by University of Wisconsin Press Homepage  [10 journals]
  • Biomass Energy and Climate Neutrality: The Case of the Northern Forest
    • Abstract: <p>By Shana M. McDermott, Richard B. Howarth, David A. Lutz</p> Forests are dynamic components of the global carbon cycle, acting as both carbon sources and carbon sinks. As forest management practices can substantially influence the overall carbon balances of forested ecosystems (Eriksson et al. 2007; Dixon et al. 1994), the specifics of these practices must be accounted for in order to achieve a full calculation of net emissions (White, Gower, and Ahl 2005). This is particularly important when forests are managed for bioenergy, because detailed life-cycle analyses acknowledge the significant carbon emissions from biomass harvests (Cherubini, Bright, and Strømman 2012; McKechnie et al. 2010; Cherubini et al. 2009; White, Gower, and Ahl 2005; Winjum, Brown, and Schlamadinger ... <a href="">Read More</a>
      Keywords: Sustainable forestry
      PubDate: 2015-04-13T00:00:00-05:00
  • Post-reform Forestland Markets in China
    • Abstract: <p>By Juha Siikamäki, Yonjie Ji, Jintao Xu</p> China’s rural reforms, which began in 1978, have been gradual and pragmatic, varying from sector to sector and region to region but helping rural incomes grow more than sixfold over the first 25 years. The initial reforms involved reallocation of collective agricultural lands and were accompanied by a rapid development of agricultural land markets (Lin 1992; Yao 2000; Jin and Deininger 2009; Deininger and Jin 2005). Their success motivated subsequent forest tenure reforms. However, despite the broad implementation of the forest reforms, markets for forestland have been slow to develop and are still only beginning to emerge. Our purpose in this study is to assess the early markets for forestland, examine the ... <a href="">Read More</a>
      Keywords: Forests and forestry
      PubDate: 2015-04-13T00:00:00-05:00
  • Forest Owners’ Participation in Voluntary Biodiversity
           Conservation: What Does It Take to Forgo Forestry for Eternity'
    • Abstract: <p>By Yohei Mitani, Henrik Lindhjem</p> Most countries have a long way to go to reach the so-called Aichi biodiversity targets by 2020 under the Convention on Biological Diversity (2010). These include conservation targets of 17% for terrestrial land (Target 11) and to halve or bring close to zero the rate of loss of natural habitats, including forests (Target 5). To speed up progress, much more effort will have to go into involving and motivating nonindustrial private forest (NIPF) owners in conservation. This is because a considerable amount of biodiversity exists on NIPF land, which constitutes a substantial share of forestland in the western world. The direct regulation approach has proved largely unsuccessful in conserving forest biodiversity on ... <a href="">Read More</a>
      Keywords: Biodiversity conservation
      PubDate: 2015-04-13T00:00:00-05:00
  • Restoring Native Vegetation in an Agricultural Landscape: Spatial
           Optimization for Woodland Birds
    • Abstract: <p>By Maksym Polyakov, David J. Pannell, Morteza Chalak, Geoff Park</p> Australia’s biodiversity continues to be threatened by losses of native vegetation (Australian State of the Environment Committee 2006), especially in regions of intensive agricultural production. Since European settlement, one-third of Australia’s woodlands, including 80% of southern temperate woodlands, have been cleared (Olsen et al. 2005). In many agricultural areas the remaining native vegetation is highly fragmented. In these areas, traditional conservation strategies based on protection of intact landscapes as large individual reserves are difficult to apply (Moilanen et al. 2005). Further decline of biodiversity could be prevented and perhaps reversed by restoring native vegetation and rebuilding ... <a href="">Read More</a>
      Keywords: Spatial ecology
      PubDate: 2015-04-13T00:00:00-05:00
  • Wind Insurance and Mitigation in the Coastal Zone
    • Abstract: <p>By Daniel R. Petrolia, Joonghyun Hwang, Craig E. Landry, Keith H. Coble</p> Coastal properties along the Atlantic and Gulf Coasts are at risk both of wind and flood damages due to tropical storms and hurricanes. Although the source of risk is the same (hurricanes), mitigation measures and insurance products to address wind and flood peril differ. Flood mitigation generally focuses on elevation of the property, along with other waterproofing measures. Wind mitigation involves steps to increase the structural soundness of the property, such as installation of storm shutters, reinforcing doors and windows, and the use of particular roof designs and attachments that reduce the risk of the roof being blown off.Regarding insurance in the United States, coverage for flood peril is almost ... <a href="">Read More</a>
      Keywords: Windstorm insurance
      PubDate: 2015-04-13T00:00:00-05:00
  • Incorporating Outcome Uncertainty and Prior Outcome Beliefs in Stated
    • Abstract: <p>By Thomas Lundhede, Jette Bredahl Jacobsen, Nick Hanley, Niels Strange</p> In the environmental valuation literature, it is common to describe the potential environmental outcome arising from a policy alternative as being certain. However, this is not necessarily a true reflection of the reality, and it creates two important problems.The first problem is that even if people accept the condition that the postulated environmental change is a certain outcome of the policy measures suggested, this may not be the policy-relevant scenario. It is more likely that the relation between an environmental policy, a management change, and the postulated outcomes can at best be described by a probability distribution or perhaps more likely in broader, qualitative terms of uncertainty. This may in ... <a href="">Read More</a>
      PubDate: 2015-04-13T00:00:00-05:00
  • Is There a Farm Size–Productivity Relationship in African
           Agriculture' Evidence from Rwanda
    • Abstract: <p>By Daniel Ayalew Ali, Klaus Deininger</p> The existence of an inverse relationship between the size of a farm’s operated area and different measures of productivity in crop production has long been a puzzle to agricultural economists. The most common explanations for this finding, which is somewhat less pronounced in Africa as compared to other regions, are either a failure to properly measure key factors such as land quality or area, or small farmers’ application of more than the optimum amounts of certain inputs, possibly as a result of imperfections in markets for key factors such as labor, land, and insurance. The latter explanation is supported by the fact that the relationship generally weakens with technical progress and mechanization.With the ... <a href="">Read More</a>
      Keywords: Agricultural productivity
      PubDate: 2015-04-13T00:00:00-05:00
  • Leveraging Wealth from Farmland Appreciation: Borrowing, Land Ownership,
           and Farm Expansion
    • Abstract: <p>By Jeremy G. Weber, Nigel Key</p> Because collateral can affect the cost of borrowing, changes in the wealth of small business proprietors could influence their decision to borrow and expand. When real estate is an important component of small business assets, large changes in real estate prices could have important consequences for business decisions and the real economy. The link between real estate prices, wealth, and proprietor decisions is perhaps strongest for agricultural households. Land is often the most valuable asset in a farmer’s portfolio, so land prices will affect the collateral available for loans, and consequently, land purchase and tenure decisions. An extensive international development literature has explored the role of land ... <a href="">Read More</a>
      Keywords: Farm ownership
      PubDate: 2015-04-13T00:00:00-05:00
  • The Norwegian Winter Herring Fishery: A Story of Technological Progress
           and Stock Collapse
    • Abstract: <p>By Daniel V. Gordon, Rögnvaldur Hannesson</p> In the early 1970s, the herring stocks in the Northeast Atlantic were nearly fished to extinction. Spring-spawning stocks at Iceland and the Faroe Islands disappeared, leaving only a small stock of Norwegian spring-spawning herring. Only in the mid-1980s did the Norwegian stock begin to recover, after several years of virtually no fishing. North Sea herring and Icelandic autumn spawners also took years to recover.This collapse is usually attributed to a technological revolution that occurred in the 1960s.1 This revolution was two-pronged. Fish-finding equipment was developed that made it possible to detect shoals of fish underneath the surface of the sea. Previously, fish had been located by observing ripples on ... <a href="">Read More</a>
      Keywords: Fishery management
      PubDate: 2015-04-13T00:00:00-05:00
  • An Alternative to the Standard Spatial Econometric Approaches in Hedonic
           House Price Models
    • Abstract: <p>By Kathrine von Graevenitz, Toke Emil Panduro</p> The hedonic model as described by Rosen (1974) remains popular in the environmental valuation literature for valuation of amenities through housing markets. The major concern in hedonic estimation is the issue of omitted variable bias. A symptom that the model does not accurately capture the spatial variation in prices is spatial correlation in the error term. This residual correlation can be caused by misspecification of spatially delineated variables, systematic mismeasurement of the spatial regressors, or spatial covariates omitted from the model. Omitted spatial processes can result in biased parameter estimates and biased standard errors (Anselin 2010).Recent years have seen many improvements in the way such ... <a href="">Read More</a>
      Keywords: Housing
      PubDate: 2015-04-13T00:00:00-05:00
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