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viii | |
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x | |
| Foreword |
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xi | |
| Preface |
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xiii | |
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1 | (10) |
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Background on British Columbia's Forestry Sector |
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4 | (4) |
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Silvicultural Investment and Institutions |
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8 | (1) |
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9 | (2) |
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Property Rights, Institutions and Market Failure |
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11 | (17) |
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The Notion of Property Rights |
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12 | (4) |
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Characterizing Property rights |
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12 | (2) |
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14 | (2) |
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The New Institutional Economics |
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16 | (8) |
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Coordination mechanisms: Public versus private provision |
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19 | (1) |
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Market failure and coordination mechanisms |
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20 | (4) |
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Market Failure and Property Rights: Further Thoughts |
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24 | (4) |
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Market Failure and Forestry |
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28 | (27) |
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Economic Incentives and Forest Management via Rotation Age |
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29 | (10) |
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Maximizing sustainable yield |
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30 | (1) |
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Maximizing benefits from a single cut: Fisher rotation age |
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31 | (1) |
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Faustmann or financial rotation age |
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32 | (2) |
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Hartman rotation age: Non-timber benefits |
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34 | (1) |
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Hartman-Faustmann rotation age |
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35 | (4) |
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Control: Regulation in Forestry |
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39 | (16) |
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Emergence and evolution of forestland ownership |
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43 | (4) |
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Institutions and BC's forestry sector |
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47 | (8) |
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Contracts, Information and Transaction Costs |
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55 | (26) |
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56 | (5) |
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Payment according to output |
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58 | (2) |
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Payment according to input |
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60 | (1) |
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The Problem of Information |
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61 | (6) |
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Transaction Cost Economics |
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67 | (10) |
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Definition and origin of the concept of transaction costs |
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67 | (2) |
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Sources and categories of transaction costs |
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69 | (1) |
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Bounded rationality and opportunism |
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70 | (1) |
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Incomplete contracting: negotiation costs and enforcement |
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71 | (2) |
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Framework for reducing transaction costs |
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73 | (3) |
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Transaction cost economics: application |
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76 | (1) |
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Contractual Relations in Forestry |
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77 | (4) |
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Organizations, Regulation and Policy Instruments |
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81 | (20) |
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Theory of the Firm and Organizations |
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81 | (4) |
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Public Regulation and Control |
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85 | (5) |
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Culture, Conventions and Norms |
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90 | (3) |
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Policy Instruments for Forest Management |
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93 | (5) |
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93 | (1) |
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AAC, ACE and timber supply |
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94 | (2) |
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96 | (2) |
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Sustainable Forestry and the New Institutional Economics |
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98 | (3) |
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The Silvicultural Contracting Sector |
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101 | (25) |
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Contractual Relationships in BC's Silviculture Sector |
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102 | (3) |
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BC's Silviculture Contracting Workforce |
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105 | (3) |
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BC Ministry of Forests' Silvicultural Contracting |
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108 | (1) |
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109 | (2) |
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111 | (6) |
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BC Forest Industry's Silvicultural Contracting |
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117 | (9) |
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Appendix: Chronology of Major Events and Policies Regarding BC's Silviculture |
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120 | (6) |
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Contracting Out or In--house Delivery? |
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126 | (15) |
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A Theory of Contractual Choices in Silvicultural Operations |
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128 | (3) |
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Modeling Contracting out or In--house Contractual Modes |
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131 | (3) |
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134 | (7) |
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How to Hire and Pay Silvicultural Workers? |
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141 | (19) |
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Organization of Silvicultural Operations |
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143 | (8) |
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The contract bidding process |
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143 | (2) |
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Hiring workers: payment schemes and management |
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145 | (6) |
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Methods of Rewarding Silvicultural Workers |
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151 | (4) |
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Empirical Evidence from a Survey of Forest Companies |
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155 | (5) |
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Silvicultural Investment and Institutional Restructuring |
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160 | (16) |
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Institutional Features of BC's Silvilculture Sector |
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160 | (3) |
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The State of BC's Silvicultural Investment |
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163 | (4) |
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Obstacles to Intenstive Silvicultural Investment |
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167 | (2) |
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Need for Institutional Restructuring |
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169 | (5) |
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174 | (2) |
| References |
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176 | (20) |
| Index |
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196 | |
