An economic analysis of forest taxation's impact on optimal rotation age ( USA).

Document Type

Article

Publication Date

1-1-1982

Abstract

This paper examines for the US the economic impact of various forest taxation schemes on the optimal rotation age under the assumptions of both tax capitalisation and tax shifting. The analysis illustrates that partial tax capitalisation by shifting tax forward into higher stumpage price is not the same as the partial reduction in the tax rate for property taxes. In fact, they have opposite effects on rotation length. On the other hand, for harvest taxes, partial tax capitalisation by shifting tax forward into higher stumpage price is indeed the same as partial reduction of the tax rate. -R.K.Turner

Publication Source (Journal or Book title)

Land Economics

First Page

310

Last Page

323

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