Sticks , Carrots , and Reforestation Investment Daowei Zhang and Warren A . Flick

@inproceedings{Zhang2007SticksC,
  title={Sticks , Carrots , and Reforestation Investment Daowei Zhang and Warren A . Flick},
  author={Daowei Zhang and Warren A. Flick},
  year={2007}
}
Environmental regulations and public ® nancial assistance programs are the typical ``sticks’ ’ and ``carrots’ ’ facing non-industrial private forest (NIPF) landowners in the U.S. This paper presents a theoretical framework and empirical evidence on the impacts of the Endangered Species Act and public ® nancial assistance programs Ð cost-share programs and a tax incentive programÐ on reforestation investment behavior. The results indicate that NIPF landowners’ reforestation investments are in… CONTINUE READING

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