@article{Weerahewa:205959,
      recid = {205959},
      author = {Weerahewa, Jeevika and Gunatilake, H.M},
      title = {Timber Market Liberalization in Sri Lanka: Implications  for Forest Conservation},
      journal = {Sri Lankan Journal of Agricultural Economics},
      address = {2006},
      number = {1381-2016-115726},
      pages = {20},
      year = {2006},
      abstract = {This paper examines the impact of timber trade  liberalisation on economic welfare and forest conservation  in Sri Lanka. A partial equilibrium market simulation model  was used to analyse the welfare impacts. Results show that  removal of all border charges reduce timber price by about  25%.  Decline in timber price reduces the incentives for  illegal logging and enhances forest conservation in Sri  Lanka. The price reduction also results in an increase of  consumer surplus by about US $ 40 million per year. Timber  trade liberalisation reduces local supply by about 12% to  31% depending on the elasticity of supply. The reduction of  local supply can prevent 6,985, 13,971 and 17,469 ha of  deforestation under the inelastic, unitary elastic and  elastic demand and supply assumptions, respectively.},
      url = {http://ageconsearch.umn.edu/record/205959},
      doi = {https://doi.org/10.22004/ag.econ.205959},
}