TURNING FARMERS INTO FORESTERS VIA MARKET LIBERALISATION
研究了英国农业中限制林地转为农地的管制措施如何影响林地面积和价格，发现砍伐管制可能减少而非保护林地，并削弱财政激励效果，建议政策制定者废除新林地的砍伐限制以扩大林地面积。
Reform of the Common Agricultural Policy and public concern over the environment have brought woodland into the public eye as an environment‐friendly alternative land use in British agriculture. Survey evidence indicates that whilst it is the inadequacy of the returns from woodland that acts as the principal deterrent to planting, there are also a number of other factors that discourage woodland adoption. Of these, the perceived lack of flexibility that is associated with woodland figures highly. In part, loss of flexibility occurs due to the strength of controls such as felling licences and Tree Preservation Orders that restrict the conversion of woodland back to agricultural land. This paper develops a simple comparative static model of the way in which such restrictions impact on the allocation and price of woodland vis‐à‐vis agricultural land. Where felling controls are in operation they may reduce as well as preserve the area of woodland, and retard the efficacy of financial incentives. In this light, policymakers may do well to abolish felling restrictions on new woodland (possibly in conjunction with enhanced woodland incentives generally) if expansion of the wooded area is an explicit objective of future agricultural policy.