Area fees and logging in tropical timber concessions
Area fees have become an increasingly important component of forest revenue systems in tropical developing countries. They are commonly viewed as having a neutral impact on decisions by timber concessionaires. This view is incorrect. Using both theoretical and empirical models, we demonstrate that area fees can induce concessionaires to accelerate timber harvests and to harvest more selectively. In Cameroon, area fees at recent levels create an incentive for concessionaires to harvest forests in half the estimated sustained-yield period. Countries that wish to encourage concessionaires to comply with sustained-yield requirements must implement measures that counter the depletion-accelerating effects of area fees. © 2007 Cambridge University Press.
Duke Scholars
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- Agricultural Economics & Policy
- 4404 Development studies
- 3801 Applied economics
- 1502 Banking, Finance and Investment
- 1402 Applied Economics
- 0502 Environmental Science and Management
Citation
Published In
DOI
EISSN
ISSN
Publication Date
Volume
Issue
Start / End Page
Related Subject Headings
- Agricultural Economics & Policy
- 4404 Development studies
- 3801 Applied economics
- 1502 Banking, Finance and Investment
- 1402 Applied Economics
- 0502 Environmental Science and Management