Economic determinants of private afforestation in the Republic of Ireland
Economic determinants of private afforestation in the Republic of Ireland
McCarthy, S.; Matthews, A.; Riordan, B.
Land Use Policy 20(1): 51-59
2003
ISSN/ISBN: 0264-8377
DOI: 10.1016/s0264-8377(02)00052-2
This paper employs a panel regression analysis to quantify the relative importance of competing forestry and agricultural policy incentives in explaining trends in private afforestation in the Republic of Ireland. The paper focuses on economic factors that influence the level of forestry planting. It concludes that an increase in the level of up front payments to planters is the most cost-efficient way of increasing planting levels.