Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/53212 
Erscheinungsjahr: 
2009
Schriftenreihe/Nr.: 
Nota di Lavoro No. 61.2009
Verlag: 
Fondazione Eni Enrico Mattei (FEEM), Milano
Zusammenfassung: 
The use of forests as carbon sinks is examined by introducing carbon sequestration benefits' accounting in a multi-vintage land allocation model. Following the IPCC, three carbon accounting methods are considered. We compare the results in each case with those without carbon sequestration, as well as the performances of the ton-year and the average methods (second-best) to the carbon flow (first-best) concerning optimal land allocation between forestry and alternative uses, total carbon sequestered, timber production and social welfare. A full proof of long-run optimality of steady state forest is provided. Numerical simulations are performed and results discussed illustrating the setup's potential.
Schlagwörter: 
Land Allocation Model
Forest Vintages
Carbon Sequestration
Carbon Accounting
Optimal Rotation
Transition/steady-state
JEL: 
Q15
Q23
Dokumentart: 
Working Paper

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