期刊
AGRICULTURAL ECONOMICS
卷 50, 期 2, 页码 219-227出版社
WILEY
DOI: 10.1111/agec.12478
关键词
Amazon forest; Agriculture; CO2 emissions; Deforestation; Trade-off
We estimate the trade-off between forest preservation and agricultural production for the Legal Amazon region, using census and deforestation data for municipalities in 2006. We use a directional distance function to represent the production possibility frontier, and then calculate the shadow price of reducing deforestation in terms of agricultural income foregone. Results indicate that, on average, to preserve 1 ha of forest, $797 in annual agricultural GDP must be foregone. Using a discount rate of 10% and average forest carbon density of 132 tons per hectare, these results imply an average shadow price of $16 per ton of CO2 permanently sequestered.
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