{"title":"Wildfires and Wind Turbine Plants: A Story Never Told","authors":"Mihai Mutascu, Cristina Strango, Alexandre Sokic","doi":"10.1561/112.00000578","DOIUrl":"https://doi.org/10.1561/112.00000578","url":null,"abstract":"<p>The paper analyses the influence of wildfire-deforestation on the\u0000expansion of wind turbine plants in 10 countries most affected\u0000by wildfires. The empirical part is based on panel Autoregressive\u0000Distributed Lag (ARDL) estimations, from 2010 to 2022. The main\u0000finding interestingly evidences a long-run relationship between\u0000wildfire-deforestation and the expansion of wind plants, with a\u0000positive sign. More precisely, wind turbine plants have begun to\u0000be significantly developed on wildfire-deforested lands. In this case,\u0000noteworthy is that a deviation of 1% from the long-run equilibrium\u0000due to wildfire-deforestation would necessitate several years for the\u0000system to return to its equilibrium state. Additionally, the link\u0000is supported by the continuous development of renewable energy\u0000sources, urbanisation and human development. A switching effect\u0000is also observed between conventional pollutant energy sources and\u0000renewable ones. The results suggest several key policy measures:\u0000performing environmental impact assessments before wind turbine\u0000construction, implementing zoning regulations to limit turbine\u0000numbers in sensitive areas, encouraging reforestation efforts around\u0000turbine sites, providing subsidies for developers using sustainable\u0000practices, and supporting innovative wind turbine technologies to\u0000enhance efficiency and reduce environmental impact.</p>","PeriodicalId":54831,"journal":{"name":"Journal of Forest Economics","volume":"20 1","pages":""},"PeriodicalIF":0.9,"publicationDate":"2024-09-29","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141506168","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"农林科学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Kurt Niquidet, Kyle Sia-Chan, Jonathan Kan, Daowei Zhang
{"title":"The Impact of Forest Policy Modernization in British Columbia: A Stock Market Perspective","authors":"Kurt Niquidet, Kyle Sia-Chan, Jonathan Kan, Daowei Zhang","doi":"10.1561/112.00000579","DOIUrl":"https://doi.org/10.1561/112.00000579","url":null,"abstract":"<p>This paper examines the impact of a modernized forest policy\u0000change in 2021 on the stock prices of forest products firms that\u0000operate and hold tenure in British Columbia. Our results suggest\u0000that the announcement of new forest policies led to substantial\u0000losses in the stock prices of five major publicly traded forest products\u0000firms that operate in the province. As a control, we also found\u0000that another public company that operated in another Canadian\u0000province and was not subject to the policy changes experienced an\u0000insignificant impact on their stock price. The impact on market\u0000capitalization is related to the harvesting rights held by these companies\u0000within British Columbia under various forest tenures. The\u0000results highlight that, for a variety of reasons, investors thought\u0000the proposed policy changes would adversely impact each firm’s\u0000future financial performance.</p>","PeriodicalId":54831,"journal":{"name":"Journal of Forest Economics","volume":"86 1","pages":""},"PeriodicalIF":0.9,"publicationDate":"2024-09-29","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141739450","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"农林科学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Erkki Mäntymaa, Katja Kangas, Jouni Karhu, Eija Pouta
{"title":"Feasibility of Landscape Value Trade between Landowners and Citizens in Reducing the Landscape Damage Caused by Wind Power","authors":"Erkki Mäntymaa, Katja Kangas, Jouni Karhu, Eija Pouta","doi":"10.1561/112.00000575","DOIUrl":"https://doi.org/10.1561/112.00000575","url":null,"abstract":"<p>A mechanism of payment for ecosystem services (PES) to implement\u0000landscape value trade may partly address the visual disturbance\u0000caused by wind turbines by encouraging forest owners to change\u0000their forest management practices near housing areas close to\u0000wind farms. Here, we analyze the feasibility of implementing this\u0000mechanism in the case of landscape shields reducing the visual\u0000impacts of wind power using previous results and data on citizen\u0000and forest owner preferences. We evaluate the feasibility at various\u0000spatial scales. The results demonstrate that at the county level,\u0000willingness to pay (WTP) exceeds willingness to accept (WTA)\u0000compensation. Finally, if a PES mechanism is site-specific, its\u0000feasibility depends on how the demand for and supply of the\u0000service meet at the narrowest geographical level. In our study, the\u0000probability of agreement was low at the wind farm level (2%) but\u0000higher at the landscape shield level (41%).</p>","PeriodicalId":54831,"journal":{"name":"Journal of Forest Economics","volume":"91 1","pages":""},"PeriodicalIF":0.9,"publicationDate":"2024-07-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141147529","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"农林科学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Ljusk Ola Eriksson, Ragnar Jonsson, Göran Berndes, Nicklas Forsell, Fulvio di Fulvio, Bishnu C. Poudel, Johan Bergh
{"title":"Impacts of Long-term Strategies for the Swedish Forest Sector: Analyses with the BioFrame Integrated Modelling Framework","authors":"Ljusk Ola Eriksson, Ragnar Jonsson, Göran Berndes, Nicklas Forsell, Fulvio di Fulvio, Bishnu C. Poudel, Johan Bergh","doi":"10.1561/112.00000576","DOIUrl":"https://doi.org/10.1561/112.00000576","url":null,"abstract":"<p>The European Union (EU) does not have a common forestry policy but EU policies can indirectly affect the forest sector. This study departs from the EU “Fit for 55” package of legislation and uses a forest sector model to simulate and analyze three responses in the Swedish forest sector (2020–2100) to policy initiatives addressing climate change and biodiversity: (i) increasing the area of set-asides with 50%; (ii) prohibiting harvest of old forest (>120/140 years of age); and (iii) extending the minimum allowed age for final harvest with 30%. Results indicate that, while all three responses can reduce net carbon emissions compared to business-as-usual, extension of the minimum allowed age for final harvest reduces emissions the most. In general, the effects on net carbon emissions are highly correlated with the level of harvest. Increasing the area of set-asides and prohibiting old forest harvest help preserve old forest better than both business-as-usual and final felling age regulation. Longer-term results are uncertain as policies and technology development can radically change biomass use, product portfolios and displacement effects.</p>","PeriodicalId":54831,"journal":{"name":"Journal of Forest Economics","volume":"224 1","pages":""},"PeriodicalIF":0.9,"publicationDate":"2024-07-10","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141585119","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"农林科学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Can Social Mobilizations Democratize Forest Governance? The “Making” and “Unmaking” of India’s Forest Rights Act","authors":"Priyanshu Gupta, Arnab Roy Chowdhury","doi":"10.1561/112.00000573","DOIUrl":"https://doi.org/10.1561/112.00000573","url":null,"abstract":"<p>Sustained advocacy by the indigenous people and a coalition of civil society organizations led the government to pass the Scheduled Tribes and Other Traditional Forest Dwellers (Recognition of <em>Forest Rights</em>) <em>Act</em>, 2006 (FRA) in India. But the Act failed to democratize forest governance as its implementation failed, and subsequent dilutions resulted in its unmaking. Using primary data – collected through ethnographic fieldwork-based observations and in-depth interviews in Chhattisgarh from 2014 to 2020 – and secondary data, we critically analyze the stages and processes of the making and unmaking of the law. We argue that the coalition structure of the mobilizing groups was loose and its efficacy and longevity limited; framing its demands after the FRA was passed proved too challenging for the coalition; the Act had shortcomings; and a new political regime came to power in 2014 and subverted the intent of the Act and diluted its governance framework and provisions, which finally led to its unmaking.</p>","PeriodicalId":54831,"journal":{"name":"Journal of Forest Economics","volume":"118 1","pages":""},"PeriodicalIF":0.9,"publicationDate":"2024-04-10","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140565320","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"农林科学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Climate Change and Wood Production","authors":"Whelsy Boungou, Bossoma Doriane N’Doua","doi":"10.1561/112.00000572","DOIUrl":"https://doi.org/10.1561/112.00000572","url":null,"abstract":"<p>In this article, we investigate the direct (i.e., natural disasters) and indirect (i.e., temperature change) impact of climate change on wood production. To do so, we use wood production data from 166 countries over the period 1995–2020. Our results show that the wood production is sensitive to climate change. While temperature change reduces wood production by 4.1%, an increase in the number of natural disasters leads to an increase in wood production of around 1.1%. We also observe that following a natural disaster, industrial and energy wood production increases by 1.9% and 0.9% respectively. Similarly, products from both stages of wood processing, such as paper, cardboard, and pulp, also benefit from this increase in production. Furthermore, we find that wood production’s exposure to climate change varies according to industry characteristics, location, and type of natural disasters.</p>","PeriodicalId":54831,"journal":{"name":"Journal of Forest Economics","volume":"58 1","pages":""},"PeriodicalIF":0.9,"publicationDate":"2024-04-10","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140565309","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"农林科学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Does Globalization Matter for Rainforest Degradation? Nexus among Economic Performance, Forest Conversion and Biomass Consumption","authors":"Jonathan Bakadila Ngoma, Ling Yang","doi":"10.1561/112.00000574","DOIUrl":"https://doi.org/10.1561/112.00000574","url":null,"abstract":"<p>Scientists clash over how globalization affects the environment, particularly forests. To fill this gap, we analyzed the impact of aggregated (globalization index as a whole) and disaggregated (economic, commercial, social, and political) globalization on forest conversion in 23 countries covering tropical forests in the Amazon Basin, Congo Basin, and Southeast Asia from 2000 to 2020. To achieve this, we used the GMM model and the sequential (two-step) estimation of the two-step GMM estimator of the linear panel data (SELPDM) as a robust test. According to the results of these econometric methodologies, a 1% increase in globalization (economic, commercial, social, and political globalization) will reduce forest conversion by 0.012 (0.011, 0.06, 0.04, 0.09) respectively, and a 1% increase in biomass and agricultural land. Population density and grain production will increase forest conversion by 0.059, 0.084, 0.038, 0.029, ceteris paribus. Furthermore, the findings support the N-shaped EKCd hypothesis between economic performance and forest conversion, and all these results were confirmed by SELPDM used as the robustness test. As a result, we proposed promoting more environmentally friendly forms of globalization, aiming for sustainable development without sacrificing ecosystem protection, and energy efficiency, particularly with the help of new environmentally friendly technologies, paving the way for even stronger economic growth and improved educational attainment in tandem with improved agricultural.</p>","PeriodicalId":54831,"journal":{"name":"Journal of Forest Economics","volume":"35 1","pages":""},"PeriodicalIF":0.9,"publicationDate":"2024-04-10","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140565315","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"农林科学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Rebecca Zanello, Papa Yaw Owusu, G. Cornelis van Kooten
{"title":"Estimating the Effects of Covid-19 and Softwood Lumber Prices","authors":"Rebecca Zanello, Papa Yaw Owusu, G. Cornelis van Kooten","doi":"10.1561/112.00000571","DOIUrl":"https://doi.org/10.1561/112.00000571","url":null,"abstract":"<p>During the Covid-19 pandemic, markets observed unprecedented changes in U.S. and Canadian softwood lumber prices and their volatility. In this paper, we employ an event-based model to estimate the impact of Covid-19 on the prices of softwood lumber, utilizing a Regression Discontinuity design model to investigate the potential causal effect of Covid-19 on softwood lumber prices. Our econometric analyses serve to provide evidence that softwood lumber price increases during the pandemic were not completely random but could instead be attributed in part to variations in recent global and regional events. Our research highlights the need for the adoption of robust and adaptable strategies and provision of information important for risk assessment and decision-making in industries that rely on softwood lumber inputs.</p>","PeriodicalId":54831,"journal":{"name":"Journal of Forest Economics","volume":"1 1","pages":""},"PeriodicalIF":0.9,"publicationDate":"2024-02-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139926092","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"农林科学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"European Forest Sector in a Turbulent World","authors":"A. Maarit I. Kallio","doi":"10.1561/112.00000569","DOIUrl":"https://doi.org/10.1561/112.00000569","url":null,"abstract":"<p>Since 2020, the outlook for the European forest sector has been\u0000unusually uncertain. After the recovery from the COVID-19 pandemic\u0000seemed to take off, Russia invaded Ukraine. In addition to\u0000human suffering, the war has economic consequences. Comparing\u0000scenarios quantified by global forest sector model projections, this\u0000study examines the impacts of the changes in the operation environment\u0000of the sector caused by the war on the European forest sector.\u0000They seem to be moderate in the EU. Chemical pulp production\u0000benefits from higher electricity prices and less rivalry from Russia.\u0000Energy price increase accelerates the decrease in the production\u0000of printing and writing papers and harms the mechanical forest\u0000industry that also suffers from lower GDP growths. Due to the\u0000embargo on Russian wood, the EU roundwood harvests decrease\u0000only slightly compared to the reference projection. The Russian\u0000forest sector loses economically much more than that in any other\u0000region due to the war. Some recent EU policies will likely affect\u0000the EU forest sector economically more than the war does.</p>","PeriodicalId":54831,"journal":{"name":"Journal of Forest Economics","volume":"71 1","pages":""},"PeriodicalIF":0.9,"publicationDate":"2024-01-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"138530114","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"农林科学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
A. Belgodere, F. Allaire, J. Filippi, V. Mallet, F. Guéniot
{"title":"On the Marginal Cost of the Duration of a Wildfire","authors":"A. Belgodere, F. Allaire, J. Filippi, V. Mallet, F. Guéniot","doi":"10.1561/112.00000565","DOIUrl":"https://doi.org/10.1561/112.00000565","url":null,"abstract":"","PeriodicalId":54831,"journal":{"name":"Journal of Forest Economics","volume":"144 1","pages":""},"PeriodicalIF":0.9,"publicationDate":"2023-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"67079741","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"农林科学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}