Work

Forest Tenures — Requirements, Rights and Responsibilities: An Economic Perspective

Year: 1989
Type: article
Abstract: The nature of forest tenure arrangements is analysed in terms of requirements, rights and responsibilities. The standards of private management of Crown lands frequently fall below public expectations because: (a) the benefits that rights confer on tenure holders are entirely, or partially, appropriated for the Crown through the imposition of stringent legal requirements; and/or (b) the rights, themselves, are of ambiguous legal status and non-compensable, thus introducing considerable uncertainty into forest tenure arrangements. Without security, tenure holders have less incentive to voluntarily manage Crown forests.Who should manage Crown forests? — is a judgmental question that depends on society's notions of what is morally correct or equitable. Who will manage Crown forests? — is an economic and legal question, the answer to which depends on the existence of legal rights and on the legal requirements imposed by forest tenure agreements.
Language: English
Subfield: Forestry
Open Access status: bronze
OpenAlex ID: W2017578440
FWCI:
Cites: 3
Cited by: 2
Related to: 10