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Keywords: Marginal costs
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Journal Articles
Journal:
Journal of Forest Economics
Journal of Forest Economics (2011) 17 (4): 363–377.
Published: 01 December 2011
... was to assess the cost effectiveness of a subsidy/tax system on carbon fluxes. First, it is shown that such a mechanism leads forest owners to extend rotation lengths. However, cost effectiveness analysis shows that: (1) marginal social costs are more expensive than the private marginal costs of carbon...
