The impacts of county-level forestry, specifically bamboo, reforms on the local economy are examined. In the case of fresh bamboo shoots, by the end of the first phase of land reforms (1987), disincentives associated with the sharing of collective outputs, were eliminated; and allocation of labor and capital inputs reached near optimal. Industrial and market reforms created price incentives, an...

This paper models voters’ preferences over central versus local education policies when there are private alternatives. Education is financed by income taxes and individuals are mobile between communities. Public education levels are chosen by majority vote. Contrary to conventional wisdom, centralisation may benefit the rich and poor, while the middle class prefer decentralised education. The ...

Nagarkot is a popular holiday destination 32 km north-east from the capital city, Kathmandu. It is situated at the altitude of 7, 200 feet. The place is known specifically for its dawn time, for a beautiful view of sunrise over the Eastern Himalayas. The best time to visit Nagarkot would be between October and March. Monsoon clouds obstruct wonderful views between June and September. Nagarkot i...

This study assessed the economic impact of the potential reduction of timber supply to the local forest industry and the local economy from a proposed reservoir in Northeast Texas --Marvin Nichols I Reservoir. The study first evaluated the forested acres at the reservoir site and those under habitat mitigation requirements, providing a foundation for timber supply impact assessment. Then, the t...