Matches in SemOpenAlex for { <https://semopenalex.org/work/W155064944> ?p ?o ?g. }
- W155064944 abstract "We seek to determine if the tax-based payment approach is a valid alternative to existing incentive payment approaches for forest carbon sequestration. To achieve the objective, we test a hypothesis that waiving the property tax rate on forestland provides incentives to landowners for afforesting non-forested land or sustaining forests at risk of deforestation. We used a land use change model based on the Bureau of Economic Analysis (BEA) 88 area as a case study to test the hypothesis. The estimated effects of the waived property tax on forestland from the land use model were then used to simulate changes in afforestation and deforestation under the current level of property tax rate and under the hypothetical zero property tax. The ex-ante forecasts were then used to estimate the amount of carbon sequestered using a carbon model. Finally the estimated carbon sequestrations under the two scenarios were applied to estimate costs of supplying carbon sequestration using the tax-based payment approach. We summarize our empirical results with two key findings. First, the results show that an increase in net return from forestland by waiving the property tax on forestland increases the shares of forestland, which in turn increases accumulation of carbon in the forest ecosystem. Second, our finding suggests that annualized cost of supplying forest-based carbon sequestration was estimated to be $101.48 per ton, should the tax-based payment approach be adopted in the BEA 88. On a per-ton basis, this cost is on the high end of the estimated cost of U.S. forest-based carbon sequestration ($30 to $90 per ton) in the previous literature. Despite its lower cost efficiency, the tax-based payment approach is still worth consideration because the administrative resources and systems needed for utilizing the property tax as a tool to internalize the positive externality of the carbon sequestration of forestland are already in place and thereby can avoid costs in creating complex new institutional arrangements associated with existing incentive payment approaches." @default.
- W155064944 created "2016-06-24" @default.
- W155064944 creator A5031650213 @default.
- W155064944 creator A5033606569 @default.
- W155064944 creator A5043039675 @default.
- W155064944 creator A5058636655 @default.
- W155064944 creator A5069419899 @default.
- W155064944 date "2015-01-01" @default.
- W155064944 modified "2023-09-25" @default.
- W155064944 title "Exploring tax-based payment approach for forest carbon sequestration" @default.
- W155064944 cites W1463234315 @default.
- W155064944 cites W1510698817 @default.
- W155064944 cites W1519637993 @default.
- W155064944 cites W1525427845 @default.
- W155064944 cites W1531456640 @default.
- W155064944 cites W1541904668 @default.
- W155064944 cites W1573815700 @default.
- W155064944 cites W1750757456 @default.
- W155064944 cites W1967730318 @default.
- W155064944 cites W1983712337 @default.
- W155064944 cites W1999568555 @default.
- W155064944 cites W2000800001 @default.
- W155064944 cites W2008883022 @default.
- W155064944 cites W2013777280 @default.
- W155064944 cites W2017109776 @default.
- W155064944 cites W2017554584 @default.
- W155064944 cites W2027739325 @default.
- W155064944 cites W2029707116 @default.
- W155064944 cites W2030257787 @default.
- W155064944 cites W2031814227 @default.
- W155064944 cites W2049440137 @default.
- W155064944 cites W2068235587 @default.
- W155064944 cites W2069946397 @default.
- W155064944 cites W2077988168 @default.
- W155064944 cites W2089652306 @default.
- W155064944 cites W2095143969 @default.
- W155064944 cites W2098910318 @default.
- W155064944 cites W2111772502 @default.
- W155064944 cites W2114664102 @default.
- W155064944 cites W2116215912 @default.
- W155064944 cites W2117237434 @default.
- W155064944 cites W2119818701 @default.
- W155064944 cites W2133920545 @default.
- W155064944 cites W2139464298 @default.
- W155064944 cites W2143602513 @default.
- W155064944 cites W2143941656 @default.
- W155064944 cites W2160813940 @default.
- W155064944 cites W2163396891 @default.
- W155064944 cites W2187802190 @default.
- W155064944 cites W2248505554 @default.
- W155064944 cites W2255112034 @default.
- W155064944 cites W2320808450 @default.
- W155064944 cites W2343158020 @default.
- W155064944 cites W2462712009 @default.
- W155064944 cites W2484882579 @default.
- W155064944 cites W2487514105 @default.
- W155064944 cites W2493472333 @default.
- W155064944 cites W2503086630 @default.
- W155064944 cites W2915157699 @default.
- W155064944 cites W2915262283 @default.
- W155064944 cites W2983245892 @default.
- W155064944 cites W3110527161 @default.
- W155064944 cites W3122126767 @default.
- W155064944 cites W3123333625 @default.
- W155064944 cites W3123567915 @default.
- W155064944 cites W3124498559 @default.
- W155064944 cites W372676746 @default.
- W155064944 cites W2134950486 @default.
- W155064944 cites W959952109 @default.
- W155064944 hasPublicationYear "2015" @default.
- W155064944 type Work @default.
- W155064944 sameAs 155064944 @default.
- W155064944 citedByCount "0" @default.
- W155064944 crossrefType "posted-content" @default.
- W155064944 hasAuthorship W155064944A5031650213 @default.
- W155064944 hasAuthorship W155064944A5033606569 @default.
- W155064944 hasAuthorship W155064944A5043039675 @default.
- W155064944 hasAuthorship W155064944A5058636655 @default.
- W155064944 hasAuthorship W155064944A5069419899 @default.
- W155064944 hasConcept C10138342 @default.
- W155064944 hasConcept C110872660 @default.
- W155064944 hasConcept C144133560 @default.
- W155064944 hasConcept C145097563 @default.
- W155064944 hasConcept C162324750 @default.
- W155064944 hasConcept C175444787 @default.
- W155064944 hasConcept C175605778 @default.
- W155064944 hasConcept C18903297 @default.
- W155064944 hasConcept C195487862 @default.
- W155064944 hasConcept C199360897 @default.
- W155064944 hasConcept C22884784 @default.
- W155064944 hasConcept C2777171531 @default.
- W155064944 hasConcept C2777399953 @default.
- W155064944 hasConcept C2777483010 @default.
- W155064944 hasConcept C2778976125 @default.
- W155064944 hasConcept C29122968 @default.
- W155064944 hasConcept C39432304 @default.
- W155064944 hasConcept C41008148 @default.
- W155064944 hasConcept C47737302 @default.
- W155064944 hasConcept C530467964 @default.
- W155064944 hasConcept C54286561 @default.