The steady-state treatment of forestry in CGE models
Luz Centeno Stenberg and
Mahinda Siriwardana ()
International Journal of Agricultural Resources, Governance and Ecology, 2006, vol. 5, issue 1, 1-17
Abstract:
This paper provides a critical examination of the implicit assumption in steady-state forestry modelling, particularly those employed in CGE models. That is, forests are characterised by steady-state conditions. Therefore, a conceptual model is developed to examine if there is a tendency for forest areas to reach some sort of steady-state. The results from the model simulations show that steady-state does not characterise forest areas. Steady-state is reached after a long period of time, say, 200 years or when a sustainable harvesting regime and regeneration activities are constantly applied and formulated to maintain a set timber volume target.
Keywords: CGE modelling; computable general equilibrium models; selective logging; steady-state; sustainable forestry; simulation; sustainable harvesting; regeneration. (search for similar items in EconPapers)
Date: 2006
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Persistent link: https://EconPapers.repec.org/RePEc:ids:ijarge:v:5:y:2006:i:1:p:1-17
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