000103797 001__ 103797 000103797 005__ 20180122215149.0 000103797 037__ $$a321-2016-10970 000103797 041__ $$aen 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__ $$aThis paper analyzes carbon leakage due to reduced emissions from deforestation (RED). We find that leakage with RED is good because the policy induces afforestation that contributes to a further carbon sequestration. By ignoring the domestic component of carbon leakage, the literature can either overestimate or underestimate leakage, depending on the magnitudes of the numerator and the denominator of the leakage formulas. Unlike the literature, we include the land and agricultural markets in the analysis of carbon leakage with forestation policies. In this model, carbon leakage depends on: (1) supply and demand elasticities of timber production and consumption, respectively in the country introducing a RED policy (Home country) and in the rest of the world; (2) Home country’s production and consumption share in the world timber production and consumption, respectively; (3) prices of land and crop products in the Home country and the rest of the world; (4) initial allocation of land between forestry and agriculture; (5) share of total forest area set aside under RED; and (6) relative carbon sequestration potential of the forest planted on an afforested land and of the forest withdrawn from timber harvest. These potentials depend heavily on the forest species as well as on timing of the policy, and on the discount rate and time path of increasing carbon prices. 000103797 542__ $$fLicense granted by Dusan Drabik (dd387@cornell.edu) on 2011-05-03T19:49:41Z (GMT): <center> <h2> Deposit Agreement </h2> </center> I represent that I am the creator of the digital material identified herein (“Work”). I represent that the work is original and that I either own all rights of copyright or have the right to deposit the copy in a digital archive such as AgEcon Search. I represent that in regard to any non-original material included in the Work I have secured written permission of the copyright owner (s) for this use or believe this use is allowed by law. I further represent that I have included all appropriate credits and attributions. I hereby grant the Regents of the University of Minnesota (“University”), through AgEcon Search, a non-exclusive right to access, reproduce, and distribute the Work, in whole or in part, for the purposes of security, preservation, and perpetual access. I grant the University a limited, non-exclusive right to make derivative works for the purpose of migrating the Work to other media or formats in order to preserve access to the Work. I do not transfer or intend to transfer any right of copyright or other intellectual property to the University. If the Deposit Agreement is executed by the Author�s Representative, the Representative shall separately execute the following representation: I represent that I am authorized by the Author to execute this Deposit Agreement on behalf of the Author. 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_ $$s213439$$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 No. of bitstreams: 1 AAEA deGorter et al.pdf: 213439 bytes, checksum: 737b992860c54d3b07ee9b53e949fa91 (MD5) 000103797 912__ $$nMade available in DSpace on 2011-05-03T19:58:22Z (GMT). No. of bitstreams: 1 AAEA deGorter et al.pdf: 213439 bytes, checksum: 737b992860c54d3b07ee9b53e949fa91 (MD5) Previous issue date: 2011 000103797 982__ $$gAgricultural and Applied Economics Association>2011 Annual Meeting, July 24-26, 2011, Pittsburgh, Pennsylvania 000103797 980__ $$a321