EconStor >
Research Institute of the Finnish Economy (ETLA), Helsinki >
ETLA Discussion Papers, Research Institute of the Finnish Economy (ETLA) >

Please use this identifier to cite or link to this item:

http://hdl.handle.net/10419/63974
  

Full metadata record

DC FieldValueLanguage
dc.contributor.authorKoskela, Erkkien_US
dc.contributor.authorOllikainen, Markkuen_US
dc.date.accessioned2012-09-21T11:29:28Z-
dc.date.available2012-09-21T11:29:28Z-
dc.date.issued2002en_US
dc.identifier.urihttp://hdl.handle.net/10419/63974-
dc.description.abstractThis paper analyzes the socially optimal forest taxation in the rotation framework when the government has a binding tax revenue requirement. In the Faustmann model the optimal design of taxation consists of non-distortionary taxes, such as site productivity tax, site value tax or profit tax. A combination of distortionary unit (or yield) tax and timber tax can also be used to collect the tax revenue in a nondistortionary way. In the Hartman model with forest amenity services as a public good, the optimal design consists of a non-distortionary tax and a Pigouvian tax, which adjusts the private rotation age to the socially optimal one. Now only the site productivity tax is non-distortionary, while unit, yield, timber, site value and profit taxes generally serve as corrective Pigouvian taxes. Finally, in the absence of a non-distortionary tax, if the marginal valuation of amenity services is non-decreasing with the age of forest stand, a combination of unit (or yield) and timber taxes can be used to both tax revenue collection and Pigouvian correction.en_US
dc.language.isoengen_US
dc.publisherThe Research Institute of the Finnish Economy (ETLA) Helsinkien_US
dc.relation.ispartofseriesETLA Discussion Papers, The Research Institute of the Finnish Economy (ETLA) 815en_US
dc.subject.jelQ23en_US
dc.subject.jelH21en_US
dc.subject.ddc330en_US
dc.subject.keywordrotation ageen_US
dc.subject.keywordforest amenitiesen_US
dc.subject.keywordoptimal forest taxationen_US
dc.subject.stwForststeueren_US
dc.subject.stwOptimale Besteuerungen_US
dc.subject.stwInternalisierung externer Effekteen_US
dc.subject.stwForstökonomieen_US
dc.subject.stwSoziale Wohlfahrtsfunktionen_US
dc.subject.stwWohlfahrtseffekten_US
dc.subject.stwTheorieen_US
dc.titleOptimal forest taxation under private and social amenity valuationen_US
dc.typeWorking Paperen_US
dc.identifier.ppn353102970en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen_US
Appears in Collections:ETLA Discussion Papers, Research Institute of the Finnish Economy (ETLA)

Files in This Item:
File Description SizeFormat
353102970.pdf366.59 kBAdobe PDF
No. of Downloads: Counter Stats
Show simple item record
Download bibliographical data as: BibTeX

Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.