Estimating price compensation requirements for eco-certified forestry
Publication
, Journal Article
Murray, BC; Abt, RC
Published in: Ecological Economics
February 3, 2001
Eco-certified forestry (ECF) is defined as forest management that incorporates ecological concerns into commercial timber production. In this paper, we link the adoption of ECF practices to shifts in the timber supply function. We use a spatially disaggregated model of southeastern US timber supply to simulate the empirical relationship between variations in the price premium offered for timber produced under ECF regimes and producer surplus-maximizing rates of ECF. The simulation results suggest that a large share of nonindustrial private timber suppliers in the region may have relatively small compensation requirements, but complete adoption by the sector would require a large premium. © 2001 Elsevier Science Ireland Ltd.
Duke Scholars
Published In
Ecological Economics
DOI
ISSN
0921-8009
Publication Date
February 3, 2001
Volume
36
Issue
1
Start / End Page
149 / 163
Related Subject Headings
- Agricultural Economics & Policy
- 3899 Other economics
- 3801 Applied economics
- 3103 Ecology
- 1499 Other Economics
- 1402 Applied Economics
- 0502 Environmental Science and Management
Citation
APA
Chicago
ICMJE
MLA
NLM
Murray, B. C., & Abt, R. C. (2001). Estimating price compensation requirements for eco-certified forestry. Ecological Economics, 36(1), 149–163. https://doi.org/10.1016/S0921-8009(00)00224-X
Murray, B. C., and R. C. Abt. “Estimating price compensation requirements for eco-certified forestry.” Ecological Economics 36, no. 1 (February 3, 2001): 149–63. https://doi.org/10.1016/S0921-8009(00)00224-X.
Murray BC, Abt RC. Estimating price compensation requirements for eco-certified forestry. Ecological Economics. 2001 Feb 3;36(1):149–63.
Murray, B. C., and R. C. Abt. “Estimating price compensation requirements for eco-certified forestry.” Ecological Economics, vol. 36, no. 1, Feb. 2001, pp. 149–63. Scopus, doi:10.1016/S0921-8009(00)00224-X.
Murray BC, Abt RC. Estimating price compensation requirements for eco-certified forestry. Ecological Economics. 2001 Feb 3;36(1):149–163.
Published In
Ecological Economics
DOI
ISSN
0921-8009
Publication Date
February 3, 2001
Volume
36
Issue
1
Start / End Page
149 / 163
Related Subject Headings
- Agricultural Economics & Policy
- 3899 Other economics
- 3801 Applied economics
- 3103 Ecology
- 1499 Other Economics
- 1402 Applied Economics
- 0502 Environmental Science and Management