Department of Forestry
 

Greg Amacher - The Julian N. Cheatham Endowed Professor
Forest and Natural Resource Economics
Professor of Natural Resource Economics

Teaching Responsibilities

  • FOR 3434 Forest Economics Field Laboratory
  • ECON 4014 Environmental and Natural Resource Economics
  • FOR 5415 Dynamic Optimization and Natural Resource Economics
  • FOR 3424 Forest and Resource Economics

Selected Scholarly Activities

  • Economics of Forest Resources,” by G. Amacher, M. Ollikainen, and E. Koskela, will be published by The MIT Press, Cambridge, MA, USA.  This graduate level textbook/research handbook surveys most areas comprising the field of forest resource economics, with special focus on advancements made within the last 30 years.  Both deterministic and stochastic models are covered, in addition to problems with special relevance to policy instruments.  The tentative publication date is May of 2009. 

Buy the book from Amazon.com at this link

Errata for Chapters 1-6

Preface; Chapter 1: A Brief History of Forest Economics Thought; Chapter 2: Faustmann Rotations Models; Chapter 3: Hartman Rotations Models; Chapter 4: Two Period Life Cycle Models; Chapter 5: Forest Policy Design; Chapter 6: Deforestation: Problems and Models; Chapter 7: Conservation of Biodiversity; Chapter 8: Forest Age Class Models; Chapter 9: Uncertainty in Two Period Models; Chapter 10: Catastrophic Risk; Chapter 11: Stochastic Rotations Models; Chapter 12: Dynamic Forest Models; Mathematics Appendix

****Check back later for a sample chapter****

  • The role of natural resources in mitigating political, environmental, and health shocks to extremely poor households in Southeastern Africa (2006 – 2011).  This collaborative effort funded by the National Science Foundation seeks to study the role of natural resources in mitigating political, environmental, and health shocks among extremely poor households in Mozambique and Uganda. Institutions involved include Virginia Tech, Woods Hole Research Center, Harvard Medical School, and Dartmouth University. One special focus is the revitalization of the Gorongosa National Park and its importance in alleviating shocks to subsistence households in both embedded and nearby village economies. Several PhD students will be involved in a multi-disciplinary setting that encompasses health professionals, geo-spatial experts, economists, historians, and ecologists.
  • Feedbacks among forestry, agriculture, and fire in Amazonia (2003 – 2008).  This project, funded by the National Science Foundation, is a multiyear research project that includes ecologists, economists, political scientists, and land use specialists from Virginia Tech, Woods Hole Research Center, Boston University, Yale University, IPAM (Brazil), and the Universidade Federal de Minas Gerais. The work focuses on development of models explaining deforestation, particularly through understanding the behavior of subsistence smallholders and patterning of forest industry expansion on new and future Amazon forest frontiers. We are ultimately interested in how these respond to various policy scenarios, market shifts, and government programs. The logging and smallholder models being developed at Virginia Tech will eventually be integrated into a spatially explicit model of development and logging expansion to predict patterns of deforestation over time.
  • Bio-energy and forests (2006-2009).  This is a multiyear collaboration between Virginia Tech, University of Florida, and the University of Arkansas, funded under the U.S. Department of Energy and U.S. Department of Agriculture Bio-energy Initiative. The purpose is to study incentives of biotechnology adoption on non-industrial forest land. The project involves understanding the incentives for landowners to adopt various forms of management to produce bio-energy alternatives, and integrating this into a land use model to evaluate the design and targeting of policy instruments to achieve various biotechnology production goals. The importance of risk in emerging markets and risks to biotechnological improvements will also be studied. Another important facet of the research is integrating the microeconomic aspects of landowner behavior with changes in regional economic indicators to estimate welfare changes from bio-energy adoption and application of policy instruments.
  • Economics of forest threats:  My work here covers multiple projects focusing on both private and public management of fuel reduction, fire prevention, and fire suppression, in both urban and rural interfaces, in addition to problems involving invasive species and other pests (such as Southern Pine beetle). The purpose is to determine not only the mechanisms explaining why landowners choose to undertake risk mitigation, but to also embed this behavior into models that facilitate the design of policies to reach various risk reduction goals. Other interests are to understand the relationship between neighboring landowners in targeting policy instruments, and to discover ways of estimating the social costs associated with private decisions as a precursor to designing the best types of policies when needed. 

Selected Publications (see vita for full listing)

  • Amacher, G., E. Koskela, and M. Ollikainen. “Deforestation and property rights risks. “Environment and Development Economics” (In Press)
  • Sullivan, J., and G. Amacher. “The social costs of mineland reclamation.” Land Economics (In Press)
  • Crowley, C., A. Malik, G. Amacher, and R. Haight.  “Adjacency externalities and forest fire prevention.” Land Economics (In Press)
  • Bowman, M., G. Amacher, and F. Merry. Fire use and Prevention by traditional households in the Brazilian Amazon. Ecological Economics (In Press)
  • Merry, F., G. Amacher, D. Nepstad, and E. Lima. Land values in frontier settlements of the Brazilian Amazon. World Development (In Press).
  • Amacher, G., E. Koskela, and M. Ollikainen. 2007. “Royalty reform and illegal reporting of harvest volumes under alternative penalty schemes” Environmental and Resource Economics 8:189-211.
  • Amacher, G., A. Malik, and R. Haight. 2006. “Reducing the social costs of forest fires.” Land Economics 82(3):367-383.
  • Kohlin, G., and G. Amacher. 2006. “Welfare implications of social forestry projects: the case of Orissa India.” American Journal of Agricultural Economics 87(4): 855-869.
  • Amacher, G., E. Koskela, and M. Ollikainen. 2005. “Quality competition and social welfare in markets with partial coverage: new results.” Bulletin of Economic Research 57(4):391-405.
  • Amacher, G., A. Malik, and R. Haight. 2005. “Don’t get burned: the importance of fire prevention in forest management.” Land Economics 81(2):284-302.
  • Amacher, G., A. Malik, and R. Haight. 2005. “Forest landowner decisions and the value of information under fire risk.” Canadian Journal of Forest Research 35: 2603-2615
  • Amacher, G., E. Koskela, and M. Ollikainen. 2004. “Forest rotations and stand interdependency: ownership structure and timing of decisions.” Natural Resource Modeling 17(1):1-45.
  • Ersado, L., G. Amacher, and J. Alwang. 2004. “Productivity and land enhancing technologies in Northern Ethiopia: health, public investments, and sequential adoption.” American Journal of Agricultural Economics 86(2):332-345.
  • Amacher, G., L. Ersado, D. Grebner, and W. Hyde. 2004. “Natural resources, microdams, and health in Tigray, Ethiopia.” Journal of Development Studies 40:122-145.
  • Amacher, G., Koskela, and M. Ollikainen. 2004. “Environmental quality competition and eco-labeling.” Journal of Environmental Economics and Management 47:284-306.
  • Merry, F., and G. Amacher. 2005. “Forest concessions and policy choices for the Brazilian Amazon.” Journal of Sustainable Forestry 20(2):15-44.
  • Amacher, G., E. Koskela, M. Ollikainen, and C. Conway. 2002. “Bequest intentions and forest landowners: theory and policy implications.” American Journal of Agricultural Economics 84:1103-1114
  • Amacher, G., and A. Malik. 2002. “Pollution taxes with endogenous technology choice.” Southern Economic Journal 68(4):891-917.
  • Amacher, G., E. Koskela, M. Ollikainen. 2002. “Optimal forest taxation in an overlapping generations model with timber bequests.” Journal of Environmental Economics and Management 44(2):346-369.
  • Amacher, G. 2002. “Forest taxation and many governments.” Forest Science 48(1):146-157.
  • Amacher, G., R. Brazee, and M. Witvliet. 2001. “Royalty systems, government revenues, and forest condition: an application from Malaysia.” Land Economics 77(2):300-313.
  • Brazee, R. and G. Amacher.  2000. "Duality and Faustmann: implications for policy."  Forest Science 46(1):132-138.
  • Amacher, G. and D. Hellerstien. 1999. “The error structure of time series cross section models with sporadic event timing and serial correlation.” Journal of Applied Econometrics 14:233-252.
  • Amacher, G. 1999. "Government preferences and public forest harvesting: A second best approach.” American Journal of Agricultural Economics 81(1):14-28.
  • Amacher, G., R. Brazee, E. Koskela, and M. Ollikainen. 1999. “Bequests, taxation, and short and long run timber supplies: an overlapping generations problem.” Environmental and Resource Economics 13:269-288.
  • Sullivan, J., and G. Amacher. 1999. “The design of forest subsidies in the Mississippi Delta: Linking landowner and regional effects.” Forest Science 45(3):381-393.
  • Amacher, G., and A. Malik. 1998. “Instrument choice when regulators and firms bargain.” Journal of Environmental Economics and Management 35(3):225-241.
  • Amacher, G. and R. Brazee. 1997. "Designing forest taxes with budget targets and varying government preferences." Journal of Environmental Economics and Management 32(3):323-340.
  • Amacher, G. and R. Brazee. 1997. "The second best efficiency of regressive forest taxes and the promotion of forest quality."  Canadian Journal of Forest Research 27(9):1503-1508.
  • Amacher, G., W. Hyde, and K. Kanel. 1996. "Household fuelwood demand and supply in Nepal's terai and mid-hills: choice between cash outlays and labor opportunity."  World Development 24(11):1725-1736.
  • Hyde, W., G. Amacher, and W. Magrath. 1996.  "Deforestation, scarce forest resources, and forest land use: theory, empirical evidence, and policy implications."  World Bank Research Observer 11(2):223-248.
  • Amacher, G. and A. Malik. 1996.  "Bargaining in environmental regulation and ideal regulator." Journal of Environmental Economics and Management 30(2):233-253

Editorships, Awards, and Honorary Appointments

  • Senior Editor, Natural Resource Modeling, (2004- 2007); Assoc. Ed (2007-)
  • Editor, Forest Science, (2001-2004)
  • Associate Editor, Journal of Forest Economics, (1999- )
  • Editorial Council, Journal of Environmental Economics and Management, (1999-
  • Associate Editor, Forest Science, (1999-2001)
  • Associate Researcher, Instituto de Pesquisa Ambiental da Amazônia (IPAM)
  • Honorary Adjunct Professor, Center for Chinese Agricultural Policy, Chinese Academy of Sciences
  • Past Visiting Scholar, University of Gothenberg Department of Environmental Economics (Sweden)
  • Past Visiting Scholar, University of Helsinki Department of Economics
  • Past Visiting Associate Professor, Virginia Commonwealth University Department of Economics
  • Adjunct Professor, Virginia Tech Department of Agricultural and Applied Economics and Department of Economics
  • 2003 Panhellenic Teaching Excellence Certificate
  • 2003 College of Natural Resources Excellence in Teaching Award