IDEAS home Printed from https://ideas.repec.org/a/zbw/kdijep/267884.html
   My bibliography  Save this article

Impacts of Reforestation on Stabilization of Riverine Water Levels in South Korea

Author

Listed:
  • Yoon, Jaehyun
  • Baak, Saang Joon
  • Seo, Min Young
  • Kim, Taejong

Abstract

We investigate how reforestation contributed to stabilization of riverine water levels in South Korea. For the purpose, we estimate an equation capturing dynamic relationships among rainfall, upstream-area tree stock, and downstream water levels in three river systems of Hongcheon, Mangyeong, and Hyeongsan, using daily observations of precipitation and water levels for the period from 1985 to 2005. Simulation based on estimation results shows that increase in the tree stock in a river basin leads to a significantly suppressed peaking in riverine water levels in response to an abrupt and concentrated rain in the upstream area. For instance, an hour-long concentration of 100mm rain results in 0.7m rise in water level if the volume of growing stock is 1 million m3 , whereas the rise in water level stays below 0.27m with 5 million m3 in the growing-stock volume.

Suggested Citation

  • Yoon, Jaehyun & Baak, Saang Joon & Seo, Min Young & Kim, Taejong, 2022. "Impacts of Reforestation on Stabilization of Riverine Water Levels in South Korea," KDI Journal of Economic Policy, Korea Development Institute (KDI), vol. 44(4), pages 1-24.
  • Handle: RePEc:zbw:kdijep:267884
    DOI: 10.23895/kdijep.2022.44.4.1
    as

    Download full text from publisher

    File URL: https://www.econstor.eu/bitstream/10419/267884/1/jep-44-4-01.pdf
    Download Restriction: no

    File URL: https://libkey.io/10.23895/kdijep.2022.44.4.1?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Li, Lingchao & Liu, Jinlong & Long, Hexing & de Jong, Wil & Youn, Yeo-Chang, 2017. "Economic globalization, trade and forest transition-the case of nine Asian countries," Forest Policy and Economics, Elsevier, vol. 76(C), pages 7-13.
    2. Arellano, Manuel & Bover, Olympia, 1995. "Another look at the instrumental variable estimation of error-components models," Journal of Econometrics, Elsevier, vol. 68(1), pages 29-51, July.
    3. David Roodman, 2009. "How to do xtabond2: An introduction to difference and system GMM in Stata," Stata Journal, StataCorp LP, vol. 9(1), pages 86-136, March.
    4. Faria, Weslem Rodrigues & Almeida, Alexandre Nunes, 2016. "Relationship between openness to trade and deforestation: Empirical evidence from the Brazilian Amazon," Ecological Economics, Elsevier, vol. 121(C), pages 85-97.
    5. Richard Blundell & Stephen Bond, 2000. "GMM Estimation with persistent panel data: an application to production functions," Econometric Reviews, Taylor & Francis Journals, vol. 19(3), pages 321-340.
    6. Sle-gee Lee & Hyun-Ah Choi & Hyeji Yoo & Cholho Song & Sungeun Cha & Sang-Won Bae & Yowhan Son & Woo-Kyun Lee, 2018. "Restoration Plan for Degraded Forest in The Democratic People’s Republic of Korea Considering Suitable Tree Species and Spatial Distribution," Sustainability, MDPI, vol. 10(3), pages 1-15, March.
    7. David Roodman, 2006. "How to Do xtabond2," North American Stata Users' Group Meetings 2006 8, Stata Users Group.
    8. Sims, Katharine R.E., 2010. "Conservation and development: Evidence from Thai protected areas," Journal of Environmental Economics and Management, Elsevier, vol. 60(2), pages 94-114, September.
    9. Paul J. Ferraro & Kathleen Lawlor & Katrina L. Mullan & Subhrendu K. Pattanayak, 2012. "Forest Figures: Ecosystem Services Valuation and Policy Evaluation in Developing Countries," Review of Environmental Economics and Policy, Association of Environmental and Resource Economists, vol. 6(1), pages 20-44.
    10. Nickell, Stephen J, 1981. "Biases in Dynamic Models with Fixed Effects," Econometrica, Econometric Society, vol. 49(6), pages 1417-1426, November.
    11. Wheeler, David & Hammer, Dan & Kraft, Robin & Dasgupta, Susmita & Blankespoor, Brian, 2013. "Economic dynamics and forest clearing: A spatial econometric analysis for Indonesia," Ecological Economics, Elsevier, vol. 85(C), pages 85-96.
    12. Brookhuis, B.J. & Hein, L.G., 2016. "The value of the flood control service of tropical forests: A case study for Trinidad," Forest Policy and Economics, Elsevier, vol. 62(C), pages 118-124.
    13. Jie-Sheng Tan-Soo & Norliyana Adnan & Ismariah Ahmad & Subhrendu Pattanayak & Jeffrey Vincent, 2016. "Econometric Evidence on Forest Ecosystem Services: Deforestation and Flooding in Malaysia," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 63(1), pages 25-44, January.
    14. Klemick, Heather, 2011. "Shifting cultivation, forest fallow, and externalities in ecosystem services: Evidence from the Eastern Amazon," Journal of Environmental Economics and Management, Elsevier, vol. 61(1), pages 95-106, January.
    15. Levin, Andrew & Lin, Chien-Fu & James Chu, Chia-Shang, 2002. "Unit root tests in panel data: asymptotic and finite-sample properties," Journal of Econometrics, Elsevier, vol. 108(1), pages 1-24, May.
    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. Bayraktar-Sağlam, Bahar & Yetkiner, Hakan, 2014. "A Romerian contribution to the empirics of economic growth," Journal of Policy Modeling, Elsevier, vol. 36(2), pages 257-272.
    2. Gharehgozli, Orkideh, 2021. "An empirical comparison between a regression framework and the Synthetic Control Method," The Quarterly Review of Economics and Finance, Elsevier, vol. 81(C), pages 70-81.
    3. M N, Nikhil & S Shenoy, Sandeep & Chakraborty, Suman & B M, Lithin, 2023. "Is the Nexus Between Capital Structure and Firm Performance Asymmetric? An Emerging Market Perspective," MPRA Paper 119669, University Library of Munich, Germany, revised 17 Nov 2023.
    4. Juan Federico & Joan-Lluis Capelleras, 2015. "The heterogeneous dynamics between growth and profits: the case of young firms," Small Business Economics, Springer, vol. 44(2), pages 231-253, February.
    5. Ansgar Belke & Holger Zemanek & Gunther Schnabl, 2010. "Current Account Balances and Structural Adjustment in the Euro Area," Ruhr Economic Papers 0176, Rheinisch-Westfälisches Institut für Wirtschaftsforschung, Ruhr-Universität Bochum, Universität Dortmund, Universität Duisburg-Essen.
    6. Scott, K. Rebecca, 2011. "Demand and Price Volatility: Rational Habits in International Gasoline Demand," Department of Agricultural & Resource Economics, UC Berkeley, Working Paper Series qt2q87432b, Department of Agricultural & Resource Economics, UC Berkeley.
    7. Barabas, György & Kitlinski, Tobias & Schmidt, Christoph M. & Schmidt, Torsten & Siemers, Lars-H. & Brilon, Werner, 2010. "Verkehrsinfrastrukturinvestitionen: Wachstumsaspekte im Rahmen einer gestaltenden Finanzpolitik. Endbericht - Januar 2010. Forschungsprojekt im Auftrag des Bundesministeriums der Finanzen. Projektnumm," RWI Projektberichte, RWI - Leibniz-Institut für Wirtschaftsforschung, number 72601.
    8. repec:zbw:rwirep:0176 is not listed on IDEAS
    9. Roberto Dell'Anno & Stefania Villa, 2013. "Growth in transition countries," The Economics of Transition, The European Bank for Reconstruction and Development, vol. 21(3), pages 381-417, July.
    10. Holger Zemanek & Ansgar Belke & Gunther Schnabl, 2010. "Current account balances and structural adjustment in the euro area," International Economics and Economic Policy, Springer, vol. 7(1), pages 83-127, May.
    11. Roberto Dell'Anno & Adalgiso Amendola, 2015. "Social Exclusion and Economic Growth: An Empirical Investigation in European Economies," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 61(2), pages 274-301, June.
    12. Gertjan Dordmond & Heder Carlos Oliveira & Ivair Ramos Silva & Julia Swart, 2021. "The complexity of green job creation: An analysis of green job development in Brazil," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 23(1), pages 723-746, January.
    13. Mohn, Klaus & Misund, Bård, 2009. "Investment and uncertainty in the international oil and gas industry," Energy Economics, Elsevier, vol. 31(2), pages 240-248, March.
    14. Vu, K.M., 2017. "Structural change and economic growth: Empirical evidence and policy insights from Asian economies," Structural Change and Economic Dynamics, Elsevier, vol. 41(C), pages 64-77.
    15. Lior Gallo, 2011. "Export and Productivity - Evidence from Israel," Bank of Israel Working Papers 2011.08, Bank of Israel.
    16. Mikhail Ivonchyk, 2022. "Local Economic Development Policies and Business Activity: Dynamic Panel Data Analysis of All County Governments in the State of Georgia," Economic Development Quarterly, , vol. 36(2), pages 92-107, May.
    17. Meri Davlasheridze & Pinar C. Geylani, 2017. "Small Business vulnerability to floods and the effects of disaster loans," Small Business Economics, Springer, vol. 49(4), pages 865-888, December.
    18. Chowdhury, M. Ashraful Ferdous & Haque, M. Mahmudul & Alhabshi, Syed Othman & Masih, Abul Mansur M., 2016. "Socioeconomic Development and Its Effect on Performance of Islamic Banks: Dynamic Panel Approaches," MPRA Paper 71888, University Library of Munich, Germany.
    19. Cho, Seo-young & Vadlamannati, Krishna Chaitanya, 2010. "Compliance for big brothers: An empirical analysis on the impact of the anti-trafficking protocol," University of Göttingen Working Papers in Economics 118, University of Goettingen, Department of Economics.
    20. Nucci, Francesco & Pozzolo, Alberto Franco, 2010. "The exchange rate, employment and hours: What firm-level data say," Journal of International Economics, Elsevier, vol. 82(2), pages 112-123, November.
    21. Guglielmo Maria Caporale & Anamaria Diana Sova & Robert Sova, 2024. "The Covid‐19 pandemic and European trade flows: Evidence from a dynamic panel model," International Journal of Finance & Economics, John Wiley & Sons, Ltd., vol. 29(3), pages 2563-2580, July.

    More about this item

    Keywords

    Reforestation; Forest Management; Ecosystem Services; Flood Control; Sustainability;
    All these keywords.

    JEL classification:

    • Q51 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Valuation of Environmental Effects
    • Q54 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Climate; Natural Disasters and their Management; Global Warming
    • Q56 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environment and Development; Environment and Trade; Sustainability; Environmental Accounts and Accounting; Environmental Equity; Population Growth
    • Q57 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Ecological Economics

    Statistics

    Access and download statistics

    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:zbw:kdijep:267884. 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: ZBW - Leibniz Information Centre for Economics (email available below). General contact details of provider: https://edirc.repec.org/data/kdiiikr.html .

    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.