IDEAS home Printed from https://ideas.repec.org/a/gam/jlands/v11y2022i9p1608-d918684.html
   My bibliography  Save this article

Models for the Economic Impacts of Forest Disturbances: A Systematic Review

Author

Listed:
  • Jun Zhai

    (College of Economics and Management, Nanjing Forestry University, Nanjing 210037, China)

  • Zhuo Ning

    (College of Economics and Management, Nanjing Forestry University, Nanjing 210037, China)

Abstract

The frequency of forest disturbances has increased under intensifying climate changes, and the economic impacts of forest disturbances should receive more attention. This paper systematically reviews models of the economic impacts of forest disturbances and summarizes four commonly applied models, which are “with and without” analysis, equilibrium models, the intervention model, and the social welfare model. The advantages and disadvantages of these four models are presented and compared, and literature using these models is introduced. The review of the economic assessment of damage caused by forest disturbances is expected to provide insights for researchers in this field and useful information about economic losses, price dynamics, and welfare redistribution for policymakers.

Suggested Citation

  • Jun Zhai & Zhuo Ning, 2022. "Models for the Economic Impacts of Forest Disturbances: A Systematic Review," Land, MDPI, vol. 11(9), pages 1-16, September.
    • Handle: RePEc:gam:jlands:v:11:y:2022:i:9:p:1608-:d:918684
    as

    Download full text from publisher

    File URL: https://www.mdpi.com/2073-445X/11/9/1608/pdf
    Download Restriction: no
    File URL: https://www.mdpi.com/2073-445X/11/9/1608/
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Caurla, Sylvain & Garcia, Serge & Niedzwiedz, Alexandra, 2015. "Store or export? An economic evaluation of financial compensation to forest sector after windstorm. The case of Hurricane Klaus," Forest Policy and Economics, Elsevier, vol. 61(C), pages 30-38.
    2. Henderson, Jesse D. & Abt, Robert C. & Abt, Karen L. & Baker, Justin & Sheffield, Ray, 2022. "Impacts of hurricanes on forest markets and economic welfare: The case of hurricane Michael," Forest Policy and Economics, Elsevier, vol. 140(C).
    3. Claudio Petucco & Antonello Lobianco & Sylvain Caurla, 2020. "Economic Evaluation of an Invasive Forest Pathogen at a Large Scale : The Case of Ash Dieback in France," Post-Print hal-02625280, HAL.
    4. Michalson, E.L., 1975. "Economic Impact of Mountain Pine Beetle on Outdoor Recreation," Journal of Agricultural and Applied Economics, Cambridge University Press, vol. 7(2), pages 43-50, December.
    5. Paulo Guimaraes & Frank L. Hefner & Douglas P. Woodward, 1993. "Wealth And Income Effects Of Natural Disasters: An Econometric Analysis Of Hurricane Hugo," The Review of Regional Studies, Southern Regional Science Association, vol. 23(2), pages 97-114, Fall.
    6. Michalson, E.L., 1975. "Economic Impact Of Mountain Pine Beetle On Outdoor Recreation," Southern Journal of Agricultural Economics, Southern Agricultural Economics Association, vol. 7(2), pages 1-8, December.
    7. Jeffrey P. Prestemon & Thomas P. Holmes, 2000. "Timber Price Dynamics Following a Natural Catastrophe," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 82(1), pages 145-160.
    8. Schafer, Andreas & Jacoby, Henry D., 2005. "Technology detail in a multisector CGE model: transport under climate policy," Energy Economics, Elsevier, vol. 27(1), pages 1-24, January.
    9. Qin Fan & Meri Davlasheridze, 2019. "Economic Impacts Of Migration And Brain Drain After Major Catastrophe: The Case Of Hurricane Katrina," Climate Change Economics (CCE), World Scientific Publishing Co. Pte. Ltd., vol. 10(01), pages 1-21, February.
    10. Wei‐Yew Chang & Van A. Lantz & David A. MacLean, 2011. "Social Benefits of Controlling Forest Insect Outbreaks: A Contingent Valuation Analysis in Two Canadian Provinces," Canadian Journal of Agricultural Economics/Revue canadienne d'agroeconomie, Canadian Agricultural Economics Society/Societe canadienne d'agroeconomie, vol. 59(3), pages 383-404, September.
    11. Mark Partridge & Dan Rickman, 2010. "Computable General Equilibrium (CGE) Modelling for Regional Economic Development Analysis," Regional Studies, Taylor & Francis Journals, vol. 44(10), pages 1311-1328.
    12. Li, Qiaomin, 2017. "Analyzing Effects of the Regional Comprehensive Economic Partnership on FDI in a Firm Heterogeneity CGE Framework," Conference papers 330179, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.
    13. Claudio Petucco & Antonello Lobianco & Sylvain Caurla, 2020. "Economic Evaluation of an Invasive Forest Pathogen at a Large Scale : The Case of Ash Dieback in France," Post-Print hal-03639337, HAL.
    14. Li, Qiaomin & Scollay, Robert & Gilbert, John, 2017. "Analyzing the effects of the Regional Comprehensive Economic Partnership on FDI in a CGE framework with firm heterogeneity," Economic Modelling, Elsevier, vol. 67(C), pages 409-420.
    15. van Ruijven, Bas J. & O’Neill, Brian C. & Chateau, Jean, 2015. "Methods for including income distribution in global CGE models for long-term climate change research," Energy Economics, Elsevier, vol. 51(C), pages 530-543.
    16. Robert A. Baade & Robert Baumann & Victor Matheson, 2007. "Estimating the Economic Impact of Natural and Social Disasters, with an Application to Hurricane Katrina," Urban Studies, Urban Studies Journal Limited, vol. 44(11), pages 2061-2076, October.
    17. Thomas, J. & Brunette, M. & Leblois, A., 2022. "The determinants of adapting forest management practices to climate change: Lessons from a survey of French private forest owners," Forest Policy and Economics, Elsevier, vol. 135(C).
    18. Prestemon, Jeffrey P. & Wear, David N. & Stewart, Fred J. & Holmes, Thomas P., 2006. "Wildfire, timber salvage, and the economics of expediency," Forest Policy and Economics, Elsevier, vol. 8(3), pages 312-322, April.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Korhonen, Jaana & Henderson, Jesse D. & Prestemon, Jeffrey, 2023. "National forest timber bids and export price interlinkages in the USA: The bounds testing approach," Forest Policy and Economics, Elsevier, vol. 152(C).
    2. Aaron B. Gertz & James B. Davies & Samantha L. Black, 2019. "A CGE Framework for Modeling the Economics of Flooding and Recovery in a Major Urban Area," Risk Analysis, John Wiley & Sons, vol. 39(6), pages 1314-1341, June.
    3. Julien Lefevre, 2018. "Modeling the Socioeconomic Impacts of the Adoption of a Carbon Pricing Instrument – Literature review," CIRED Working Papers hal-03128619, HAL.
    4. Nabernegg, Stefan & Bednar-Friedl, Birgit & Muñoz, Pablo & Titz, Michaela & Vogel, Johanna, 2019. "National Policies for Global Emission Reductions: Effectiveness of Carbon Emission Reductions in International Supply Chains," Ecological Economics, Elsevier, vol. 158(C), pages 146-157.
    5. David W. Shanafelt & Brian Danle & Jesse Caputo & Marielle Brunette, 2024. "More forest more problems? Understanding family forest owners’ concerns in the United States," Working Papers of BETA 2024-32, Bureau d'Economie Théorique et Appliquée, UDS, Strasbourg.
    6. Proque, Andressa Lemes & Betarelli Junior, Admir Antonio & Perobelli, Fernando Salgueiro, 2022. "Fuel tax, cross subsidy and transport: Assessing the effects on income and consumption distribution in Brazil," Research in Transportation Economics, Elsevier, vol. 95(C).
    7. Robson, Edward N. & Wijayaratna, Kasun P. & Dixit, Vinayak V., 2018. "A review of computable general equilibrium models for transport and their applications in appraisal," Transportation Research Part A: Policy and Practice, Elsevier, vol. 116(C), pages 31-53.
    8. González-Gómez, Manuel & Álvarez-Díaz, Marcos & Otero-Giráldez, María Soledad, 2013. "Estimating the long-run impact of forest fires on the eucalyptus timber supply in Galicia, Spain," Journal of Forest Economics, Elsevier, vol. 19(2), pages 149-161.
    9. Shilong Yang & Xiao Liang & Zhichao Lou & Yanwen Tan & Abdelrahman Ali, 2024. "Analysing the consequences of Regional Comprehensive Economic Partnership on the agricultural economies of China, Australia and New Zealand," Agricultural Economics, Czech Academy of Agricultural Sciences, vol. 70(7), pages 362-381.
    10. Zhang, Wenwen & Cao, Shuo & Zhang, Xuan & Qu, Xuefeng, 2023. "COVID-19 and stock market performance: Evidence from the RCEP countries," International Review of Economics & Finance, Elsevier, vol. 83(C), pages 717-735.
    11. Zhou, Lingling & Pan, Chen & He, Jianwu & Li, Shantong, 2021. "The Impact of RCEP on Chinese Regional Economy from Global Value Chains Perspective," Conference papers 333306, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.
    12. Zhai, Jun & Kuusela, Olli-Pekka, 2023. "An econometric study of Oregon's log and lumber markets: Estimation of price elasticities using two approaches," Forest Policy and Economics, Elsevier, vol. 149(C).
    13. Michael Frenkel & Tuyet Ngo, 2021. "Das RCEP-Abkommen und dessen Bedeutung für die EU [The RCEP and Its Relevance to the EU]," Wirtschaftsdienst, Springer;ZBW - Leibniz Information Centre for Economics, vol. 101(6), pages 432-438, June.
    14. Daniel J. Pastor & Bradley T. Ewing, 2022. "VEC model of water infrastructure in Los Angeles: implications for community resilience and recovery," Natural Hazards: Journal of the International Society for the Prevention and Mitigation of Natural Hazards, Springer;International Society for the Prevention and Mitigation of Natural Hazards, vol. 114(1), pages 629-643, October.
    15. Thompson, Edmund R. & Dericks, Gerard H. & Fai, Felicia, 2019. "Development and validation of a firm-level vertical and horizontal internationalization metric," International Business Review, Elsevier, vol. 28(3), pages 533-543.
    16. Yu Xiao, 2011. "Local Economic Impacts Of Natural Disasters," Journal of Regional Science, Wiley Blackwell, vol. 51(4), pages 804-820, October.
    17. Lamichhane, Sabhyata & Mei, Bin & Siry, Jacek, 2023. "Forecasting pine sawtimber stumpage prices: A comparison between a time series hybrid model and an artificial neural network," Forest Policy and Economics, Elsevier, vol. 154(C).
    18. Shaughnessy, Timothy M. & White, Mary L. & Brendler, Michael D., 2010. "The Income Distribution Effect of Natural Disasters: An Analysis of Hurricane Katrina," Journal of Regional Analysis and Policy, Mid-Continent Regional Science Association, vol. 40(1), pages 1-12.
    19. Kousky, Carolyn, 2012. "Informing Climate Adaptation: A Review of the Economic Costs of Natural Disasters, Their Determinants, and Risk Reduction Options," RFF Working Paper Series dp-12-28, Resources for the Future.
    20. Zhou, Sheng & Xu, Zhiwei, 2022. "Energy efficiency assessment of RCEP member states: A three-stage slack based measurement DEA with undesirable outputs," Energy, Elsevier, vol. 253(C).

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:gam:jlands:v:11:y:2022:i:9:p:1608-:d:918684. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: MDPI Indexing Manager (email available below). General contact details of provider: https://www.mdpi.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.