Search

Abstracts V. LANTZ AND D. MURRELL: 'Climate Change Plan for Canada: A Full Cost-Benefit Framework for Evaluating Options at the Provincial Level'. This paper examines the provincial economic impacts from [...]

We examined the sensitivity of social benefits to the amount (scope) of protected natural areas (PNAs) in the Eastern Canadian province of New Brunswick using the contingent valuation method. Household willingness-to-pay responses were elicited under three valuation scenarios: (1) maintaining the existing amount of PNAs at 2 per cent of the provincial land base; (2) increasing the PNAs to 8 per cent of the provincial land base; (3) increasing the PNAs to 14 per cent of the provincial land base. Under these scenarios, mean willingness-to-pay values were estimated at $58.63, $66.57 and $71.29 (CDN) per household per year, respectively. While these mean values initially indicated that social benefits were sensitive to scope, analysis of values within the 95% confidence interval revealed scope insensitivity. The possible sources and implications of these findings are discussed in the context of future benefit–cost analyses associated with PNA policies in the province. [ABSTRACT FROM AUTHOR]

This study investigates the regional economic impacts resulting from the current mountain pine beetle infestation in British Columbia, Canada, and proposes a mitigation strategy to reduce the negative impacts. The strategy consists of reducing the abrupt timber supply changes in an infested region through a reciprocal wood flow arrangement with an adjacent region less affected by the beetle. Two study areas facing different levels of beetle pressure are investigated: the Quesnel Timber Supply Area (high beetle pressure) and the combined Williams Lake/100 Mile House Timber Supply Area (low beetle pressure). A computable general equilibrium model is constructed for each region and is used to simulate the sensitivity of a suite of economic indicators to various timber supply scenarios for both regions. The results indicate that the negative economic impacts attributed to beetle damage could be reduced under a reciprocal wood flow agreement between the two regions. The degree to which the impacts are reduced in each region depends largely on assumptions about forest regeneration and growth and the terms of the reciprocal wood flow agreement. [ABSTRACT FROM AUTHOR]