Methodological issues in the evaluation of regional resource development projects

Stabler, Jack C.; Kooten, G. Cornelis van; Meyer, Neil

doi:10.1007/bf01287320

Cited by 11 publications

(3 citation statements)

References 8 publications

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“…Although bioenergy production may offset job losses or lead to positive employment benefits for the local economy, it is important to understand that the costs of providing such regional socio-economic benefits might be distorting. From the standpoint of the provincial economy, wages and capital expenditures in bioenergy production should be treated as costs rather than benefits, and the opportunity cost of supporting jobs in one region might well be higher job losses elsewhere in the economy (see Stabler et al 1988).…”

Section: Discussionmentioning

confidence: 99%

Bioenergy from Mountain Pine Beetle Timber and Forest Residuals: A Cost Analysis

Niquidet¹,

Stennes²,

Kooten³

2012

Canadian J Agri Economics

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INTRODUCTIONThe outbreak of mountain pine beetle (MPB) (Dendrocutonus ponderosae Hopkins) in the forests of central British Columbia (BC) is unprecedented in recorded history. Surveys indicate that over 17 million hectares (ha) of forest have been infested, and recent forecasts suggest that by 2021, 61% of the mature pine in BC could be killed (Natural Resources Canada 2011). In light of this catastrophic infestation and the associated projected fall down in harvests of timber for traditional forest products, there has been much interest in

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Section: Discussionmentioning

confidence: 99%

Bioenergy from Mountain Pine Beetle Timber and Forest Residuals: A Cost Analysis

Niquidet¹,

Stennes²,

Kooten³

2012

Canadian J Agri Economics

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“…However, IO models are limited by their reliance on linear, static relationships (Lewis 1988). Furthermore, their use in the calculation of the economic damage associated with forest pests is upwardly biased, leading to an overstatement of the benefits of control (Stabler et al 1988;Hamilton et al 1991). Regional dynamic computable equilibrium (CGE) models are a means of overcoming the limitations of IO analysis.…”

Section: Economic Theory Reviewmentioning

confidence: 99%

Economic analysis of forest insect pests in Canada

2015

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Abstract-Canada is host to a number of native and introduced forest insects that negatively affect the goods and services provided by forests. Some insects affect forests on a fairly predictable, ongoing basis, while others have impacts that are intermittent, difficult to predict, and sometimes catastrophic. Economic analysis has provided important insights that have informed our understanding of the impact of forest pests and pest management. At the same time, interactions between forests, forest insects, forest management, and economic welfare are complex, and credible assessments may be time consuming and may not always provide results with the certainty sought by policy-makers. This paper reviews the contribution of economics to forest pest management in Canada and suggests future directions for this important field of research.

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“…Euler's theorem would suggest that this is only possible for a linearly homogeneous production function when increases in productivity take place. Also, "the irrigation project is modelled as an outward rotation of the supply curve for agricultural products" [8,17].…”

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confidence: 99%

The role of value added in benefit/cost analysis

Cooke

1991

Ann Reg Sci

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The problem is to determine the role of valueadded information in obtaining a measure of the benefits of public investment. Net benefit in a benefit/cost analysis is the change in economic surplus, i.e., the sum of the increase in consumer surplus and economic rent. An increase in productivity causes an increase in economic surplus.Thus, a productivity index is necessary but not sufficient information needed to measure the change in economic surplus. Information on value added can be used to establish productivity. Diewert's quadratic lemma is used to deduce an index of productivity as the difference between indexes of value added and its primary components in the context of a non-homothetic production function. It is concluded that this same procedure should be used to measure productivity in either a taut or a slack economy.* The author would like to thank Judith Brown and Jack Stabler for their helpful comments on earlier drafts of this article.

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Methodological issues in the evaluation of regional resource development projects

Cited by 11 publications

References 8 publications

Bioenergy from Mountain Pine Beetle Timber and Forest Residuals: A Cost Analysis

Bioenergy from Mountain Pine Beetle Timber and Forest Residuals: A Cost Analysis

Economic analysis of forest insect pests in Canada

The role of value added in benefit/cost analysis

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