IDEAS home Printed from https://ideas.repec.org/p/arx/papers/2307.12362.html
   My bibliography  Save this paper

Microeconomics of nitrogen fertilization in boreal carbon forestry

Author

Listed:
  • Petri P. Karenlampi

Abstract

Nitrogen fertilization of boreal forests is investigated in terms of microeconomics, as a tool for carbon sequestration. The effects of nitrogen fertilization's timing on the return rate on capital and the expected value of the timber stock are investigated within a set of semi-fertile, spruce-dominated boreal stands, using an inventory-based growth model. Early fertilization tends to shorten rotations, reducing timber stock and carbon storage. The same applies to fertilization after the second thinning. Fertilization applied ten years before stand maturity is profitable and increases the timber stock, but the latter effect is small. Fertilization of mature stands, extending any rotation by ten years, effectively increases the carbon stock. Profitability varies but is increased by fertilization, instead of merely extending the rotation.

Suggested Citation

  • Petri P. Karenlampi, 2023. "Microeconomics of nitrogen fertilization in boreal carbon forestry," Papers 2307.12362, arXiv.org.
  • Handle: RePEc:arx:papers:2307.12362
    as

    Download full text from publisher

    File URL: http://arxiv.org/pdf/2307.12362
    File Function: Latest version
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Brian C. Murray & Bruce A. McCarl & Heng-Chi Lee, 2004. "Estimating Leakage from Forest Carbon Sequestration Programs," Land Economics, University of Wisconsin Press, vol. 80(1), pages 109-124.
    2. Pan, Wenqi & Kim, Man-Keun & Ning, Zhuo & Yang, Hongqiang, 2020. "Carbon leakage in energy/forest sectors and climate policy implications using meta-analysis," Forest Policy and Economics, Elsevier, vol. 115(C).
    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. Li, Lili & Zhang, Daowei, 2024. "Forest carbon offset protocols in compliance carbon markets," Forest Policy and Economics, Elsevier, vol. 165(C).
    2. Baker, J.S. & Wade, C.M. & Sohngen, B.L. & Ohrel, S. & Fawcett, A.A., 2019. "Potential complementarity between forest carbon sequestration incentives and biomass energy expansion," Energy Policy, Elsevier, vol. 126(C), pages 391-401.
    3. Monge, Juan J. & Bryant, Henry L. & Gan, Jianbang & Richardson, James W., 2016. "Land use and general equilibrium implications of a forest-based carbon sequestration policy in the United States," Ecological Economics, Elsevier, vol. 127(C), pages 102-120.
    4. Rong Li & Brent Sohngen & Xiaohui Tian, 2022. "Efficiency of forest carbon policies at intensive and extensive margins," American Journal of Agricultural Economics, John Wiley & Sons, vol. 104(4), pages 1243-1267, August.
    5. Jianhong Mu & Anne Wein & Bruce McCarl, 2015. "Land use and management change under climate change adaptation and mitigation strategies: a U.S. case study," Mitigation and Adaptation Strategies for Global Change, Springer, vol. 20(7), pages 1041-1054, October.
    6. Drabik, Dusan & de Gorter, Harry & Just, David R., 2010. "The Implications of Alternative Biofuel Policies on Carbon Leakage," 2011 Annual Meeting, July 24-26, 2011, Pittsburgh, Pennsylvania 102689, Agricultural and Applied Economics Association.
    7. Delacote, Philippe & Robinson, Elizabeth J.Z. & Roussel, Sébastien, 2016. "Deforestation, leakage and avoided deforestation policies: A spatial analysis," Resource and Energy Economics, Elsevier, vol. 45(C), pages 192-210.
    8. Jennifer M. Alix-Garcia & Elizabeth N. Shapiro & Katharine R. E. Sims, 2012. "Forest Conservation and Slippage: Evidence from Mexico’s National Payments for Ecosystem Services Program," Land Economics, University of Wisconsin Press, vol. 88(4), pages 613-638.
    9. Reijnders, L., 2009. "Are forestation, bio-char and landfilled biomass adequate offsets for the climate effects of burning fossil fuels?," Energy Policy, Elsevier, vol. 37(8), pages 2839-2841, August.
    10. Frank V�hringer & Timo Kuosmanen & Rob Dellink, 2005. "How to attribute market leakage to CDM projects," Climate Policy, Taylor & Francis Journals, vol. 5(5), pages 503-516, September.
    11. Szajkó, Gabriella & Rácz, Viktor József & Kis, András, 2024. "The role of price incentives in enhancing carbon sequestration in the forestry sector of Hungary," Forest Policy and Economics, Elsevier, vol. 158(C).
    12. Bård Harstad & Torben K. Mideksa, 2017. "Conservation Contracts and Political Regimes," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 84(4), pages 1708-1734.
    13. Doupe, Patrick, 2014. "The costs of error in setting reference rates for reduced deforestation," Working Papers 249497, Australian National University, Centre for Climate Economics & Policy.
    14. Rachmat Mulia & Atiek Widayati & Suyanto & Putra Agung & Muhammad Zulkarnain, 2014. "Low carbon emission development strategies for Jambi, Indonesia: simulation and trade-off analysis using the FALLOW model," Mitigation and Adaptation Strategies for Global Change, Springer, vol. 19(6), pages 773-788, August.
    15. Santiago Bucaram & Mario Andrés Fernandez & Diego Grijalva, 2016. "Sell the oil deposits!: A financial proposal to keep the oil underground in the Yasuni National Park, Ecuador," WIDER Working Paper Series wp-2016-14, World Institute for Development Economic Research (UNU-WIDER).
    16. van Kooten, G. Cornelis & Sohngen, Brent, 2007. "Economics of Forest Ecosystem Carbon Sinks: A Review," International Review of Environmental and Resource Economics, now publishers, vol. 1(3), pages 237-269, September.
    17. Pan, Wenqi & Chang, Wei-Yew & Wu, Ting & Zhang, Han & Ning, Zhuo & Yang, Hongqiang, 2021. "Impacts of the China-US trade restrictions on the global forest sector: A bilateral trade flow analysis," Forest Policy and Economics, Elsevier, vol. 123(C).
    18. Stefan Borsky & Andrea Leiter & Michael Pfaffermayr, 2018. "Product quality and sustainability: The effect of international environmental agreements on bilateral trade," The World Economy, Wiley Blackwell, vol. 41(11), pages 3098-3129, November.
    19. Szulczyk, Kenneth R. & McCarl, Bruce A. & Cornforth, Gerald, 2010. "Market penetration of ethanol," Renewable and Sustainable Energy Reviews, Elsevier, vol. 14(1), pages 394-403, January.
    20. Dumortier, Jerome & Elobeid, Amani, 2021. "Effects of a carbon tax in the United States on agricultural markets and carbon emissions from land-use change," Land Use Policy, Elsevier, vol. 103(C).

    More about this item

    NEP fields

    This paper has been announced in the following NEP Reports:

    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:arx:papers:2307.12362. 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: arXiv administrators (email available below). General contact details of provider: http://arxiv.org/ .

    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.