Dynamic Analysis of a Renewable Resource in a Small Open Economy: The Role of Environmental Policies for the Environment

Yasuhiro Nakamoto () and Koichi Futagami
Additional contact information
Yasuhiro Nakamoto: Kyushu Sangyo University

Environmental & Resource Economics, 2016, vol. 64, issue 3, No 2, 373-399

Abstract: Abstract We examine the effects of environmental policies such as a subsidy for reforestation and an export-income tax in a small open economy with a renewable resource. In the small economy, the harvested renewable resources are exported to acquire foreign assets and consumers can invest in the natural resource to preserve it. In the setup, we show how the environmental policies affect the natural resource and the domestic economy.

Keywords: Renewable resources; The effects of environmental policies; Small open economy (search for similar items in EconPapers)
JEL-codes: F41 H21 Q28 (search for similar items in EconPapers)
Date: 2016
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3)

Downloads: (external link)
http://link.springer.com/10.1007/s10640-015-9875-3 Abstract (text/html)
Access to the full text of the articles in this series is restricted.

Related works:
Working Paper: Dynamic analysis of a renewable resource in a small open economy: The role of environmental policies for the environment (2014)
Working Paper: Dynamic analysis of a renewable resource in a small open economy: The role of environmental policies for the environment (2010)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:kap:enreec:v:64:y:2016:i:3:d:10.1007_s10640-015-9875-3

Ordering information: This journal article can be ordered from
http://www.springer. ... al/journal/10640/PS2

DOI: 10.1007/s10640-015-9875-3

Access Statistics for this article

Environmental & Resource Economics is currently edited by Ian J. Bateman

More articles in Environmental & Resource Economics from Springer, European Association of Environmental and Resource Economists Contact information at EDIRC.
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().