Modeling a Dynamic Forest Sector in a General Equilibrium Framework

Xiaohui Tian, Brent Sohngen and Ronald Sands ()

No 149990, 2013 Annual Meeting, August 4-6, 2013, Washington, D.C. from Agricultural and Applied Economics Association

Abstract: We develop a dynamic forest sector in a Computable General Equilibrium model. There has been an increasing demand in using general equilibrium models to examine forests' role in climate change mitigation, global land competition and the energy sector. But modeling forestry sector in a general equilibrium context remains an extremely difficult task due to the complex dynamics in forestry management and timer markets. The innovation of this study lies in introducing a land-based and dynamic forest sector and incorporating rational expectations in all the sectors.

Keywords: Environmental Economics and Policy; Land Economics/Use (search for similar items in EconPapers)
Pages: 19
Date: 2013-05-31
New Economics Papers: this item is included in nep-cmp and nep-env
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Persistent link: https://EconPapers.repec.org/RePEc:ags:aaea13:149990

DOI: 10.22004/ag.econ.149990

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