Forest and Resources EconomicsA

Numbering Code G-AGR06 7FA83 LB43 Year/Term 2022 ・ First semester
Number of Credits 2 Course Type Lecture
Target Year Target Student
Language English Day/Period Wed.2
Instructor name MITANI YOUHEI (Graduate School of Agriculture Associate Professor)
Outline and Purpose of the Course A large part of the forestland is owned by nonindustrial private forest (NIPF) landowners. Voluntary incentives are the most common mechanism used to encourage conservation on privately owned land. One goal of this course is to explore NIPF owner participation in conservation incentive programs. This course provides an introduction of some recent analytical developments in the economic analysis of environmental issue, including discrete choice modeling, laboratory experiments, and impact evaluation. Also, this course proposes a behavioral economics approach to understanding NIPF owner's participation behavior. Through a series of exercises, I will provide you some basic research methods in economics, including writing literature review. You will learn an overview of recent research methods in applied economics and also get an overview of important lessons in forest conservation.
Course Goals This year’s course outline has yet to be finalized.
Schedule and Contents This year’s course outline has yet to be finalized. The following is the course outline from last year.
This course consists of lectures and exercises. The lectures provide methodological remarks (methods) and reviews of the previous literature (reviews). The reading list will be provided before the first day of the course. The literature is used as the basis for the lecture. The exercises provide opportunities for you to conduct research procedures and participate in some economic experiments. The lecture plan is:

(1) Spring Semester (First-half)
A. Behavioral and Experimental Economics Approach
Section 1: Introduction to behavioral and experimental economics (Method)
Section 2: Social preference general (Review)
Section 3: Mechanism design for forest conservation (Review)
Section 4: Social norm and social interaction for forest conservation (Review)
Section 5: Experimental design and its data analysis (Method)

Exercise 1: Journal article summary exercise
Exercise 2: Data analysis exercise
Exercise 3: Experiment design exercise and presentation

(2) Fall Semester (Second-half)
B. NIPF Owner's Behavior
Section 1: Theoretical framework & discrete choice modeling (Method)
Section 2: General empirical findings (Review)
Section 3: Incentive programs participation (Review)
Section 4: Applied econometrics (Method)

C. Conservation Program Evaluation (Evaluation Weeks 7-10)
Section 5: Cost-benefit analysis & stated preference methods (Method)
Section 6: Compensation & benefit (Review)
Section 7: Impact evaluation principal & empirics (Method & Review)
Section 8: Writing literature review in economics (Method)

Exercise 1: Journal article summary exercise
Exercise 2: Data analysis exercise
Exercise 3: Literature review exercise


Note: The detailed syllabus will be available on my website before the first day of the course.
Evaluation Methods and Policy This year’s course outline has yet to be finalized. The following is the course outline from last year.
Participation, Exercises, & Short Term Papers. Class participations are strongly recommended.
Course Requirements This year’s course outline has yet to be finalized. The following is the course outline from last year.
Intermediate Econometrics and Microeconomics (preferred). If you have any questions, you can reach me by email at yomitani at gmail.com.
Study outside of Class (preparation and review) This year’s course outline has yet to be finalized.
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