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NATURAL RESOURCE SUPPLY CONSTRAINTS AND REGIONAL ECONOMIC ANALYSIS: A COMPUTABLE GENERAL EQUILIBRIUM APPROACH

Abstract

A computable general equilibrium model is used to estimate the impact a resource supply constraint, that restricts federal timber harvest, has on a timber dependent region. Impacts are compared to impacts generated from an input-output mode and indicate an upward bias in estimated income and employment losses using IO methods.Resource /Energy Economics and Policy,

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