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Please use this identifier to cite or link to this item: http://ntour.ntou.edu.tw:8080/ir/handle/987654321/46691

Title: The Carbon Sequestration Cost by Afforestation in Taiwan
Authors: Ching-Cheng Chang
Contributors: 國立臺灣海洋大學:應用經濟研究所
Keywords: Taiwan
Opportunity cost
Carbon sequestration
Land use
Date: 1999
Issue Date: 2018-05-31T03:35:09Z
Publisher: Environmental Economics and Policy Studies
Abstract: Abstract: An agricultural sector model based on the principle of economic welfare maximization was modified to derive the supply schedules for carbon sequestered by afforestation in Taiwan. Competition for land between agricultural and forest enterprises provided the basis for simultaneous price determination in both sectors. The land-use shifts that occurred were based on comparisons of endogenously determined returns to cropland for alternative uses. The 1994 baseline results indicated that by reforestation on the idled forest land 5 million to 10 million metric tons of carbon could be sequestered at a annual cost of US$40–$46 per metric ton. Intensified land-use changes were observed in addition to cropland conversion. The cost per metric ton of carbon rose sharply when the sequestration target threshold was more than 15 million metric tons. Our empirical results also indicated that the current afforestation incentive program could achieve, at most, a target of 5 million metric tons.
Relation: 2(3) pp199–213
URI: http://ntour.ntou.edu.tw:8080/ir/handle/987654321/46691
Appears in Collections:[應用經濟研究所] 期刊論文

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