000103797 001__ 103797
000103797 005__ 20210819131415.0
000103797 0247_ $$2doi$$a10.22004/ag.econ.103797
000103797 037__ $$a321-2016-10970
000103797 041__ $$aeng
000103797 084__ $$aQ23
000103797 084__ $$aQ24
000103797 084__ $$aQ54
000103797 245__ $$aCarbon Leakage with Forestation Policies
000103797 260__ $$c2011
000103797 269__ $$a2011
000103797 270__ $$mhd15@cornell.edu$$pde Gorter,   Harry
000103797 270__ $$mdd387@cornell.edu$$pDrabik,   Dusan
000103797 270__ $$mdrj3@cornell.edu$$pJust,   David R.
000103797 300__ $$a22
000103797 336__ $$aConference Paper/ Presentation
000103797 520__ $$aThis paper analyzes carbon leakage due to reduced emissions from deforestation (RED). We find that leakage with RED is good because the policy induces afforestation that contributes to a further carbon sequestration. By ignoring the domestic component of carbon leakage, the literature can either overestimate or underestimate leakage, depending on the magnitudes of the numerator and the denominator of the leakage formulas. Unlike the literature, we include the land and agricultural markets in the analysis of carbon leakage with forestation policies. In this model, carbon leakage depends on: (1) supply and demand elasticities of timber production and consumption, respectively in the country introducing a RED policy (Home country) and in the rest of the world; (2) Home country’s production and consumption share in the world timber production and consumption, respectively; (3) prices of land and crop products in the Home country and the rest of the world; (4) initial allocation of land between forestry and agriculture; (5) share of total forest area  set aside under RED; and (6) relative carbon sequestration potential of the forest planted on an afforested land and of the forest withdrawn from timber harvest. These potentials depend heavily on the forest species as well as on timing of the policy, and on the discount rate and time path of increasing carbon prices.
000103797 546__ $$aEnglish
000103797 650__ $$aAgricultural and Food Policy
000103797 650__ $$aEnvironmental Economics and Policy
000103797 650__ $$aLand Economics/Use
000103797 6531_ $$acarbon leakage
000103797 6531_ $$aforestry
000103797 6531_ $$areduced emissions from deforestation
000103797 6531_ $$aafforestation
000103797 700__ $$ade Gorter, Harry
000103797 700__ $$aDrabik, Dusan
000103797 700__ $$aJust, David R.
000103797 8564_ $$9fa7f4335-395d-4c06-96c5-3c95305fd452$$s213439$$uhttps://ageconsearch.umn.edu/record/103797/files/AAEA%20deGorter%20et%20al.pdf
000103797 887__ $$ahttp://purl.umn.edu/103797
000103797 909CO $$ooai:ageconsearch.umn.edu:103797$$pGLOBAL_SET
000103797 912__ $$nSubmitted by Dusan Drabik (dd387@cornell.edu) on 2011-05-03T19:58:20Z
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  Previous issue date: 2011
000103797 913__ $$aLicense granted by Dusan Drabik (dd387@cornell.edu) on 2011-05-03T19:49:41Z (GMT):

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000103797 980__ $$a321
000103797 982__ $$gAgricultural and Applied Economics Association>2011 Annual Meeting, July 24-26, 2011, Pittsburgh, Pennsylvania