Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/63974 
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dc.contributor.authorKoskela, Erkkien
dc.contributor.authorOllikainen, Markkuen
dc.date.accessioned2012-09-21T11:29:28Z-
dc.date.available2012-09-21T11:29:28Z-
dc.date.issued2002-
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
dc.language.isoengen
dc.publisher|aThe Research Institute of the Finnish Economy (ETLA) |cHelsinkien
dc.relation.ispartofseries|aETLA Discussion Papers |x815en
dc.subject.jelQ23en
dc.subject.jelH21en
dc.subject.ddc330en
dc.subject.keywordrotation ageen
dc.subject.keywordforest amenitiesen
dc.subject.keywordoptimal forest taxationen
dc.subject.stwForststeueren
dc.subject.stwOptimale Besteuerungen
dc.subject.stwInternalisierung externer Effekteen
dc.subject.stwForstökonomieen
dc.subject.stwSoziale Wohlfahrtsfunktionen
dc.subject.stwWohlfahrtseffekten
dc.subject.stwTheorieen
dc.titleOptimal forest taxation under private and social amenity valuation-
dc.typeWorking Paperen
dc.identifier.ppn353102970en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen
dc.identifier.repecRePEc:rif:dpaper:815en

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