Managing Tropical Forests: Reflections on the Rent Distribution Discussion
William F. Hyde and
Roger Sedjo ()
Land Economics, 1992, vol. 68, issue 3, 343-350
Abstract:
Commercial forest extraction is one component of the tropical deforestation issue. Discussions about commercial extraction focus on choices among alternate rents and royalties. These discussions often confuse measures of short- and long-run efficiency and equate distributive issues with efficiency. They also overlook (1) potential lump sum charges, (2) administrative costs, and (3) previous public forestry agency experience. This paper develops a simple analytical construct for clarifying these issues and examines each in turn.
Date: 1992
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Persistent link: https://EconPapers.repec.org/RePEc:uwp:landec:v:68:y:1992:i:3:p:343-350
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