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Modern Time Series Analysis in Forest Products Markets
This volume comprises fifteen papers exploring the consequences of applying modern time-series methods, particularly co-integrated time-series methods, for the analysis of forest economics problems. The methods represent the forefront of econometrics in this area, and the volume is the first of its kind. An introductory paper explains the econometrics of unit-root processes. Much of what follows in the other papers depends upon only a few of the ideas presented in the introduction. The volume includes tests of, e.g., the Law of One Price, land valuation models, demand and supply models, Granger-causality, and forecast models. The reader will learn a great deal about forest economies, particularly in Northern Europe, and about the practical use of modern time-series methods. The methods presented are applicable to other fields of economics. The volume is aimed at researchers in applied economics and as a supplement to (advanced) theoretical textbooks, mainly in Natural Resource Economics.
Environmental and Natural Resource Economics
Environmental issues are of fundamental importance, and a broad approach to understanding the relationship between the human economy and the natural world is essential. In a rapidly changing policy and scientific context, this new edition of Environmental and Natural Resource Economics reflects an updated perspective on modern environmental topics. Now in its fifth edition, this textbook includes enhanced and updated material on energy, climate change, greening the economy, population, agriculture, forests and water—reflecting the greater urgency required to solve the big environmental problems in these areas. It introduces students to both standard environmental economics and the broader ...
Engineering and Governing the Climate
Geoengineering increasingly appears to be crucial for future climate policies. Societies and governments throughout the world have so far failed to sufficiently curb greenhouse gas emissions necessary for averting dramatic global warming and climate change. This book introduces readers to the concepts and methods of climate engineering by presenting the techniques and risks, as well as the political and ethical issues. This timely text tackles topics such as arguments for and against altering the climate on purpose, the uncertainties of those technologies, the hurdles of international coordination, and the duties towards future generations. Landes engages with global cases, encompassing refo...
Changing Energy
"Changing Energy outlines how humanity came to its current energy economy through three previous energy transitions and now stands poised for a necessary fourth one. Despite the immense benefits conferred by a global energy economy based primarily on coal, oil, gas, and uranium, societies must now rebuild their energy economies to rely as much as possible on renewable energy used efficiently. This imperative to change comes from the risks of climate change plus the dangers of geopolitical tensions, health and environmental effects, and the long-term prospects for ever depleting sources of today's energy sources. Changing Energy argues that sustainability of the benefits from energy services will come from investments made in the technologies of the fourth transition. Perkins envisions a viable post-fossil fuel energy economy and outlines the barriers that must be resolved to reach it."--Provided by publisher.
Handbook of Forest Resource Economics
It is increasingly recognized that the economic value of forests is not merely the production of timber. Forests provide other key ecosystem services, such as being sinks for greenhouse gases, hotspots of biodiversity, tourism and recreation. They are also vitally important in preventing soil erosion and controlling water supplies, as well as providing non-timber forest products and supporting the livelihoods of many local people. This handbook provides a detailed, comprehensive and broad coverage of forest economics, including traditional forest economics of timber production, economics of environmental role of forests, and recent developments in forest economics. The chapters are grouped i...
Forest BioEnergy Production
For thousands of years, forest biomass or wood has been among the main energy sources of humans around the world. Since the industrial revolution, fossil fuels have replaced wood and become the dominant source of energy. The use of fossil fuels has the disadvantage of increasing atmospheric concentrations of greenhouse gases (GHGs), especially carbon dioxide (CO2), with the consequent warming of global climate and changes in precipitation. In this context, the substitution of fossil fuels with renewable energy sources like forest biomass is among the ways to mitigate climate change. This book summarizes recent experiences on how to manage forest land to produce woody biomass for energy use a...
Rebuilding Sustainable Communities after Disasters in China, Japan and Beyond
This volume examines lessons learned in reducing the impact of disasters on communities in China, Japan and other countries world-wide. Asia is the most disaster-prone continent. The 2012 data on natural disasters in 28 Asian countries, released by the United Nations Office for Disaster Risk Reduction and the Belgian-based Centre for Research on the Epidemiology of Disasters on December 11th, 2012 showed that, from 1950 to 2011, nine out of ten people affected by disasters globally were in Asia; that of the top five disasters that created the most damage in 2012, three were in China; that China led the list of most disasters in 2012; and, that China was the only “multi-hazard”-prone coun...
Handbook of Choice Modelling
This thoroughly revised second edition Handbook provides an authoritative and in-depth overview of choice modelling, covering essential topics range from data collection through model specification and estimation to analysis and use of results. It aptly emphasises the broad relevance of choice modelling when applied to a multitude of fields, including but not limited to transport, marketing, health and environmental economics.
Valuing Agroforestry Systems
The primary objective of this book is to offer practical means for strengthening the economics and policy dimension of the agroforestry discipline. This book, written by the leading experts in economics and agroforestry, encompasses case studies from Australia, China, Kenya, India, Indonesia, Malawi, Mexico, Micronesia, Tanzania, United Kingdom, United States, Zambia, and Zimbabwe. The applied economic methodologies encompass a wide variety of case studies including enterprise/farm budget models through Faustmann models, Policy Analysis Matrix, production function approach, risk assessment models, dynamic programming, linear programming, meta-modeling, contingent valuation, attribute-based c...
