Property rights change and management organization of timberland investment in European and North American countries

Nan ZHANG; Hongqiang YANG

doi:10.18402/resci.2020.07.12

[1] 吉登艳, 石晓平, 仇童伟, 等. 林地产权对农户林业经营性收入的影响: 以江西省两个县(市)为例[J]. 资源科学, 2016,38(8):1609-1620.

[2] 田杰, 姚顺波. 中国林业生产的技术效率测算与分析[J]. 中国人口·资源与环境, 2013,23(11):66-72. [ TianJ, Yao SB. Research on technical efficiency of forestry production in China[J]. China Population, Resources and Environment, 2013,23(11):66-72.] [Tian J, Yao S B. Research on technical efficiency of forestry production in China[J]. China Population, Resources and Environment, 2013, 23(11): 66-72.]

[3] 韩雅清, 杜焱强, 苏时鹏, 等. 社会资本对林农参与碳汇经营意愿的影响分析: 基于福建省欠发达山区的调查[J]. 资源科学, 2017,39(7):1371-1382.

[4] MeiB, Clutter ML. Return and information transmission of public and private timberland markets in the United States[J]. Forest Policy and Economics(2020). https://www.ncbi.nlm.nih.gov/pubmed/32288630

[5] Caulfield JP. Timberland in institutional portfolios and the question of persistence[J]. Forest Products Journal, 48, 23-28(1998).

[6] Busby GM, Binkley CS, Chudy RP. Constructing optimal global timberland investment portfolios[J]. Forest Policy and Economics(2020). https://www.ncbi.nlm.nih.gov/pubmed/32288630

[7] MeiB. Investment returns of US commercial timberland: Insights into index construction methods and results[J]. Canadian Journal of Forest Research, 47, 226-233(2017).

[8] Sun CY. On the market risk of securitized timberlands[J]. Journal of Forest Economics, 19, 110-127(2013).

[9] 庞丽杰, 韩爱惠. 关于林地界定标准的探讨[J]. 林业资源管理, 2016, (1):6-8. [ Pang LJ, Han AH. Study on forestland identification standard[J]. Forest Resources Management, 2016, (1):6-8.] [Pang L J, Han A H. Study on forestland identification standard[J]. Forest Resources Management, 2016, (1): 6-8.]

[10] Global Forest Resource Assessment 2010[report]. Rome: FAO(2010).

[11] MeiB, Clutter ML. Evaluating timberland investment opportunities in the United States: A real options analysis[J]. Forest Science, 61, 328-335(2015).

[12] NewellG, EvesC. The role of US timberland in real estate portfolios[J]. Journal of Real Estate Portfolio Management, 15, 95-106(2009).

[13] BehrensC, PierdziochC, RisseM. Testing the optimality of inflation forecasts under flexible loss with random forests[J]. Economic Modelling, 72, 270-277(2018).

[14] 王桂华, 付新月. 美国林权交易: 历史演进、动因与特征研究[J]. 世界农业, 2017, (11):52-57. [ Wang GH, Fu XY. American forest property transaction: Historical evolution, motivation and characteristics[J]. World Agriculture, 2017, (11):52-57.] [Wang G H, Fu X Y. American forest property transaction: Historical evolution, motivation and characteristics[J]. World Agriculture, 2017, (11): 52-57.]

[15] Brasselle AS, GaspartF, Platteau JP. Land tenure security and investment incentives[J]. Journal of Development Economics, 67, 373-418(2002).

[16] L?nnstedtL, Sedjo RA. Forestland ownership changes in the United States and Sweden[J]. Forest Policy and Economics, 14, 19-27(2012).

[17] KrogerM. The expansion of industrial tree plantations and dispossession in Brazil[J]. Development and Change, 43, 947-973(2012).

[18] 宋云伟. 美国《1873年林木种植法》刍议[J]. 山东师范大学学报(人文社会科学版), 2012,57(5):138-143. [ Song YW. A study on the Timber Culture Act of 1873[J]. Journal of Shandong Normal University (Humanities and Social Sciences), 2012,57(5):138-143.] [Song Y W. A study on the Timber Culture Act of 1873[J]. Journal of Shandong Normal University (Humanities and Social Sciences), 2012, 57(5): 138-143.]

[19] Sun CY. Variation of federal cost-share programs in the United States and the inducement effects on tree planting[J]. Journal of Forest Economics, 12, 279-296(2007).

[20] 向青, 尹润生. 美国、加拿大林地产权制度及森林经营管理[J]. 林业经济, 2006, (7):70-77. [ XiangQ, Yin RS. Forestland property and management in USA and Canada[J]. Forestry Economics, 2006, (7):70-77.] [Xiang Q, Yin R S. Forestland property and management in USA and Canada[J]. Forestry Economics, 2006, (7): 70-77.]

[21] ZhangD W. Market, Policy Incentives, and Development of Forest Plantation Resources in the United States[C]. Bangkok: Food and Agriculture Organization of the United Nations Asia-Pacific Forestry Commission(2004).

[22] WeissG, LawrenceA, HujalaT et al. Forest ownership changes in Europe: State of knowledge and conceptual foundations[J]. Forest Policy and Economics, 99, 9-20(2019).

[23] HolmgrenE, KeskitaloE C H, LidestavG. Swedish forest commons: A matter of governance?[J]. Forest Policy and Economics, 12, 423-431(2010).

[24] 刘克勇, 凡科军, 丁丽丽, 等. 美加公有林经营管理及其对中国国有林改革的借鉴[J]. 林业经济, 2018,40(2):8-13. [ Liu KY, Fan KJ, Ding LL, et al. Public forest management of USA and Canada and their reference to China’s state-owned forest reform[J]. Forestry Economics, 2018,40(2):8-13.] [Liu K Y, Fan K J, Ding L L, et al. Public forest management of USA and Canada and their reference to China’s state-owned forest reform[J]. Forestry Economics, 2018, 40(2): 8-13.]

[25] NelsonH, VertinskyI. The Canada-US Softwood Lumber Disputes[C]. Amsterdam: North American Economic and Financial Integration(2003).

[26] MaierC, WinkelG. Implementing nature conservation through integrated forest management: A street-level bureaucracy perspective on the German public forest sector[J]. Forest Policy and Economics, 82, 14-29(2017).

[27] Yin RS, BaekJ. The US-Canada softwood lumber trade dispute: What we know and what we need to know?[J]. Forest Policy and Economics, 6, 129-143(2004).

[28] FlynnB. Timberland investment more global than ever[J]. Pulp & Paper International, 57, 16-19(2015).

[29] LaL, MeiB. Portfolio diversification through timber real estate investment trusts: A cointegration analysis[J]. Forest Policy and Economics, 50, 269-274(2015).

[30] Zhang DW, Butler BJ, Nagubadi RV. Institutional timberland ownership in the US South: Magnitude, location, dynamics, and management[J]. Journal of Forestry, 110, 355-361(2012).

[31] KorhonenJ, ZhangY, ToppinenA. Examining timberland ownership and control strategies in the global forest sector[J]. Forest Policy and Economics, 70, 39-46(2016).

[32] MeiB. Timberland investments in the United States: A review and prospects[J]. Forest Policy and Economics(2019). https://www.ncbi.nlm.nih.gov/pubmed/32288630

[33] Piao XR, MeiB, XueY. Comparing the financial performance of timber REITs and other REITs[J]. Forest Policy and Economics, 72, 115-121(2016).

[34] WanY, Clutter ML, MeiB et al. Assessing the role of U. S. timberland assets in a mixed portfolio under the mean-conditional value at risk framework[J]. Forest Policy and Economics, 50, 118-126(2015).

[35] AnderssonT, FredrikssonT. Distinction between intermediate and finished products in intra-firm trade[J]. International Journal of Industrial Organization, 18, 773-792(2000).

[36] SténsA, M?raldE. “Forest property rights under attack”: Actors, networks and claims about forest ownership in the Swedish press 2014-2017[J]. Forest Policy and Economics(2020). https://www.ncbi.nlm.nih.gov/pubmed/32288630

[37] GlasbergenP. Smallholders do not eat certificates on global sustainability standards and local practices in Indonesia[J]. Ecological Economics, 147, 243-252(2018).

[38] Sun CY, Rahman MM, Munn IA. Adjustment of stock prices and volatility to changes in industrial timberland ownership[J]. Forest Policy and Economics, 26, 91-101(2013).

[39] HarrisT, BaldwinS, Siry JJ. United States Timberland Markets 2000 to Mid-2010: Transactions, Values & Market Research[R]. Athens:[report]. Timber Mart-South(2011).

[40] BrukasV, WeberN. Forest management after the economic transition: At the crossroads between German and Scandinavian traditions[J]. Forest Policy and Economics, 11, 586-592(2009).

[41] BorrassL, KleinschmitD, WinkelG. The “German model” of integrative multifunctional forest management: Analyzing the emergence and political evolution of a forest management concept[J]. Forest Policy and Economics, 77, 16-23(2017).

[42] CashoreB, GaleF, MeidingerE et al. Confronting sustainability: Forest certification in developing and transitioning countries[J]. Environment Science & Policy for Sustainable Development, 48, 6-25(2006).

[43] TeitelbaumS, WyattS. Is forest certification delivering on First Nation issues? The effectiveness of the FSC standard in advancing First Nations’ rights in the boreal forests of Ontario and Quebec, Canada[J]. Forest Policy and Economics, 27, 23-33(2013).

[44] CubbageF, DiazD, YapuraP et al. Impacts of forest management certification in Argentina and Chile[J]. Forest Policy and Economics, 12, 497-504(2010).

[45] 朱文清, 张莉琴. 集体林地确权到户对林地流转的政策效果分析[J]. 资源科学, 2018,40(7):1407-1417.

[46] 何文剑, 王于洋, 江民星. 集体林产权改革与森林资源变化研究综述[J]. 资源科学, 2019,41(11):2083-2093. [ He WJ, Wang YY, Jiang MX. A review on the collective forestland tenure reform and changes in forest resources[J]. Resources Science, 2019,41(11):2083-2093.] [He W J, Wang Y Y, Jiang M X. A review on the collective forestland tenure reform and changes in forest resources[J]. Resources Science, 2019, 41(11): 2083-2093.]

[47] 吉登艳, 马贤磊, 石晓平. 林地产权对农户林地投资行为的影响研究: 基于产权完整性与安全性: 以江西省遂川县与丰城市为例[J]. 农业经济问题, 2015,36(3):54-61. [ Ji DY, Ma XL, Shi XP. The impact of forest property rights on forestland investments: From the perspective of property rights integrity and security: A case from Suichuan and Fengcheng of Jiangxi Province[J]. Issues in Agricultural Economy, 2015,36(3):54-61.] [Ji D Y, Ma X L, Shi X P. The impact of forest property rights on forestland investments: From the perspective of property rights integrity and security: A case from Suichuan and Fengcheng of Jiangxi Province[J]. Issues in Agricultural Economy, 2015, 36(3): 54-61.]

[48] 白若舒, 李红勋. 中国森林认证对林场可持续经营影响评价研究[J]. 生态经济, 2019,35(10):160-165. [ Bai RS, Li HX. Research on impact assessment of CFCC on sustainable management of forest farm[J]. Ecological Economy, 2019,35(10):160-165.] [Bai R S, Li H X. Research on impact assessment of CFCC on sustainable management of forest farm[J]. Ecological Economy, 2019, 35(10): 160-165.]

[49] 罗攀柱. 日本林业经营主体扶植政策展开过程及其对中国林业发展的启示[J]. 农业经济问题, 2018, (1):134-144. [ Luo PZ. The process of policy support implementation to Japanese forestry operators and its enlightenment to Chinese forestry development[J]. Issues in Agricultural Economy, 2018, (1):134-144.] [Luo P Z. The process of policy support implementation to Japanese forestry operators and its enlightenment to Chinese forestry development[J]. Issues in Agricultural Economy, 2018, (1): 134-144.]

[50] 杨扬, 李桦, 薛彩霞, 等. 林业产权、市场环境对农户不同生产环节林业投入的影响: 来自集体林改试点省福建林农的调查[J]. 资源科学, 2018,40(2):427-438.