Assessing The Viability Of Future And Recently Established Exotic Forests In New Zealand

Richard Yao (), Duncan Harrison, Luke E. Barry and Tom Bradley

No 160564, 2013 Conference, August 28-30, 2013, Christchurch, New Zealand from New Zealand Agricultural and Resource Economics Society

Abstract: This study examined the benefits of establishing exotic Pinus radiata forests in New Zealand. In the first part of the study, a sensitivity analysis was carried out by using an existing afforestation data set to identify the factors affecting the private benefit of establishing exotic forests on marginal land. In the second part, a spatial economic framework was used to examine the private and public benefits from forests that were established between 1996 and 2009. Results indicate that recently established forests in less productive land provide lower private benefit but higher public benefit than forests established in more productive land.

Keywords: Crop Production/Industries; Demand and Price Analysis; Environmental Economics and Policy; Land Economics/Use; Production Economics (search for similar items in EconPapers)
Pages: 13
Date: 2013-08
New Economics Papers: this item is included in nep-env
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:ags:nzar13:160564

DOI: 10.22004/ag.econ.160564

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