Journal article
Impact of Forest Plantation Development in Laos: A Dynamic General Equilibrium Analysis
Somvang Phimmavong, Rodney J Keenan, Barbara Ozarska
FORMATH | FORMATH RESEARCH GROUP | Published : 2020
Abstract
Over the past decade, the world has observed a major growth in the development of forest plantations. Despite the considerable number of studies that have been undertaken to examine the impact of forest plantation development, there has been relatively little investigation of the economic impact of plantations. Lao People’s Democratic Republic (hereafter Lao PDR or Laos) has implemented policies to expand plantations based on their contribution to economic development. This paper examines the economy-wide impact of forest plantation development in Laos using a recursive dynamic computable general equilibrium model. Analysis focused on the Government of Laos’ forest policies to promote the de..
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Funding Acknowledgements
The authors are particularly indebted to Emeritus Professor Ian Ferguson at the University of Melbourne, Dr. Nicolas Herault at Melbourne Institute of Applied Economic and Social Research, the University of Melbourne, the researchers from the Asian Development Bank. Finally, the authors acknowledge Australian Centre for International Agricultural Research and S.F. Pond Trust from University of Melbourne for providing funding undertaking this research.