Rent capture and the feasibility of tropical forest management
Publication
, Journal Article
Vincent, JR
Published in: Land Economics
January 1, 1990
This paper analyzes how the inefficiency of tropical timber royalty systems affects the feasibility of tropical forest management. It argues that distorted price signals from inefficient royalty systems give an unduly negative indication of the potential financial returns to forest management. The author estimates the discrepancy between royalties and resource rent in Malaysia during 1966-85, uses a benefit-cost framework to analyze the impacts of this discrepancy on the feasibility of tropical forest management. Finds that forest management is feasible in many cases even if nontimber benefits are excluded, as long as timber is valued by resource rent instead of royalties. -from Author
Duke Scholars
Published In
Land Economics
DOI
Publication Date
January 1, 1990
Volume
66
Issue
2
Start / End Page
212 / 223
Related Subject Headings
- Agricultural Economics & Policy
- 1402 Applied Economics
Citation
APA
Chicago
ICMJE
MLA
NLM
Vincent, J. R. (1990). Rent capture and the feasibility of tropical forest management. Land Economics, 66(2), 212–223. https://doi.org/10.2307/3146370
Vincent, J. R. “Rent capture and the feasibility of tropical forest management.” Land Economics 66, no. 2 (January 1, 1990): 212–23. https://doi.org/10.2307/3146370.
Vincent JR. Rent capture and the feasibility of tropical forest management. Land Economics. 1990 Jan 1;66(2):212–23.
Vincent, J. R. “Rent capture and the feasibility of tropical forest management.” Land Economics, vol. 66, no. 2, Jan. 1990, pp. 212–23. Scopus, doi:10.2307/3146370.
Vincent JR. Rent capture and the feasibility of tropical forest management. Land Economics. 1990 Jan 1;66(2):212–223.
Published In
Land Economics
DOI
Publication Date
January 1, 1990
Volume
66
Issue
2
Start / End Page
212 / 223
Related Subject Headings
- Agricultural Economics & Policy
- 1402 Applied Economics