The profitability of the buffer stocks operated under the International Tin Agreements,1956–77

In this paper estimates are made of the profitability of the tin buffer stocks operated under the International Tin Agreements. The issue of buffer stock profitability is important because under UNCTAD's Common Fund proposals some funds will be raised from money or capital markets and commercially competitive rates of interest must be paid. If a buffer stock fails to be commercially profitable, these interest payments will have to be subsidized from governmental contributions or elsewhere. Although it does seem that the International Tin Agreements have been broadly self- financing, the limited influence that they have had on market price fluctuations still leaves open the question of their usefulness.     

External benefits of environmental regulation: Resource recovery and the utilisation of effluents

Summary Since 1977, stringent environmental regulation has been progressively imposed on Malaysia's most polluting industry, the palm oil mills. The impact of the regulation on international trade and producer welfare has been quite small compared to the relative benefits to society in terms of changes in the levels of dissolved oxygen in the industrial effluents. External benefits from pollution abatement have been derived. This paper presents a preliminary evaluation of the derived benefits which have a long- term potential of recycling valuable resources while maintaining competitiveness in the international palm oil trade.Dr Khalid Abdul Rahim is a member of faculty in the Department of Natural Resource Economics at the Universiti Pertanian Malaysia. Wan Mustafa Wan Ali is a research assistant in the Department. This paper is based on part of the "Intensification of Research in Priority Areas" (IRPA) project 1991–95, funded by the Government of Malaysia.     

Regional patterns of soil organic carbon stocks in China

Soil organic carbon (SOC) is of great importance in the global carbon cycle. Distribution patterns of SOC in various regions of China constitute a nation-wide baseline for studies on soil carbon changes. This paper presents an integrated and multi-level study on SOC stock patterns of China, and presents baseline SOC stock estimates by great administrative regions, river watersheds, soil type regions and ecosystem. The assignment is done by means of a recently completed 1: 1,000,000 scale soil database of China, which is the most detailed and reliable one in China at the present time. SOC densities of 7292 soil profiles collected across China in the middle of the 1980s were calculated and then linked to corresponding polygons in a digital soil map, resulting in a SOC Density Map of China on a 1: 1,000,000 scale, and a 1 km x 1 km grid map. Corresponding maps of administrative regions, river watersheds, soil types (ST), and ecosystems in China were also prepared with an identical resolution and coordinate control points, allowing GIS analyses. Results show that soils in China cover an area of 9.281 x 10(6)km(2) in total, with a total SOC stock of 89.14 Pg (1 Pg=10(15)g) and a mean SOC density of 96.0 t C/ha. Confidence limits of the SOC stock and density in China are estimated as [89.23 Pg, 89.08 Pg] and [96.143 t C/ha, 95.981 t C/ha] at 95% probability, respectively. The largest total SOC stock (23.60 Pg) is found in South-west China while the highest mean SOC density (181.9 t C/ha) is found in north-east China. The total SOC stock and the mean SOC density in the Yangtze river watershed are 21.05 Pg and 120.0 t C/ha, respectively, while the corresponding figures in the Yellow river watershed are 8.46 Pg and 104.3 t C/ha, respectively. The highest total SOC stocks are found in Inceptisols (34.39 Pg) with SOC density of 102.8 t C/ha. The lowest and highest mean SOC densities are found on Entisols (28.1 t C/ha), and on Histosols (994.728.1 t C/ha), respectively. Finally, the total SOC stock in shrub and forest ecosystem classes are 25.55 and 21.50 Pg, respectively; the highest mean SOC density (209.9 t C/ha) was recorded in the wetland ecosystem class and the lowest (29.0 t C/ha) in the desert ecosystem class. Among five forest ecosystem types, Evergreen conifer forest stores the highest SOC stock (6.81 Pg), and Deciduous conifer forest shows the highest SOC density (225.9 t C/ha). Figures of SOC stocks stratified by Administrative regions, river watersheds, soil types and ecosystem types presented in the study may constitute national-wide baseline for studies of SOC stock changes in various regions in the future.     

Beyond buffer zone protection: a comparative study of park and buffer zone products' importance to villagers living inside Royal Chitwan National Park and to villagers living in its buffer zone

Even after 30 years of strict de jure protection, today's de facto extraction of products from Nepal's Royal Chitwan National Park (RCNP) and their great economic importance to local households suggests that this reality should be explicitly internalised in managing this world heritage park. Several studies have quantified local people's use of protected areas and estimated the value of such areas to them. However, few studies incorporate economic analyses to investigate the effect of management interventions on local communities' resource use and collection behaviour. In Nepal, buffer zones and especially buffer zone community forestry are seen as means to define and demarcate places, where local people may legally extract goods that are either identical to or relevant substitutes for products that are collected in protected areas. The intention is to resolve park-people conflicts over resource use. This article presents the findings of an in-depth study of the importance of natural resources to the livelihoods of 18 households. One village was located inside RCNP with no realistic alternatives to Park resources, while the other is located in the buffer zone with equal distance to the Park, a national forest and their community forest. For each household, the collection of products, allocation of time, and purchase and sale of goods were recorded daily through 12 consecutive months and economic values were calculated on the basis of local market prices and recorded quantities. The study shows that products from RCNP are of great importance to the livelihoods of local people. Furthermore, we find that products collected in the national forest substitute products from the Park, while the substitution effect of the community forest is small. Accordingly, the study illustrates that, irrespective of buffer zone community forestry, there is still a gap between local people's need for supplementing natural resources and their rights to satisfy them on a legal basis, which is likely to be unsustainable in the longer term. This calls for a thorough evaluation of actual park-people relations and how these may be improved through local participation that goes beyond the current form of buffer zone community forestry and the admitted 7-14 annual days of open access grass cutting within the park.     

Efficacy of vegetated buffer strips for retaining Cryptosporidium parvum

Overland and shallow subsurface hydrologic transport of pathogenic Cryptosporidium parvum oocysts from cattle feces into surface drinking water supplies is a major concern on annual grasslands in California's central and southern Sierra Nevada foothills. Soil boxes (0.5 m wide x 1.1 m long x 0.3 m deep) were used to evaluate the ability of grass vegetated buffer strips to retain 2 x 10(8) spiked C. parvum oocysts in 200-g fecal deposits during simulated rainfall intensities of 30 to 47.5 mm/h over 2 h. Buffers were comprised of Ahwahnee sandy loam (coarse-loamy, mixed, active, thermic Mollic Haploxeralfs; 78:18:4 sand to silt to clay ratio; dry bulk density = 1.4 g/cm(3)) set at 5 to 20% land slope, and >/=95% grass cover (grass stubble height = 10 cm; biomass = 900 kg/ha dry weight). Total number of oocysts discharged from each soil box (combined overland and subsurface flow) during the 120-min simulation ranged from 1.5 x 10(6) to 23.9 x 10(6) oocysts. Observed overall mean log(10) reduction of total C. parvum flux per meter of vegetated buffer was 1.44, 1.19, and 1.18 for buffers at 5, 12, and 20% land slope, respectively. Rainfall application rate (mm/h) was strongly associated with oocyst flux from these vegetated buffers, resulting in a decrease of 2 to 4% in the log(10) reduction per meter buffer for every additional mm/h applied to the soil box. These results support the use of strategically placed vegetated buffers as one of several management strategies that can reduce the risk of waterborne C. parvum attributable to extensive cattle grazing on annual grassland watersheds.     

Regional development benefits of mineral projects

This paper discusses the development impact of mining and mineral processing on the regions in which they are located. The discussion is organized so as to be of relevance for policy formulation in resource-rich developing countries which consider the exploitation of their mineral wealth. The hypothesis is that mining technology, interpreted in a broad sense, has undergone a profound change since 1900. In consequence, experiences of mineralbased regional development in the industrialized countries around the turn of the century are of little relevance to the Third World in the 1980s. Contemporary mineral ventures have very weak regional development repercussions in the absence of forceful policies specifically directed towards the regional development goal.     

Costs and benefits of commodity control

The author considers the international commodity agreement as an economic instrument, and discusses its benefits and costs with respect to price stabilization and the building-up of buffer stocks. The author asserts that there is a wide range of economic arguments that can be employed to support the case for price stabilization as a form of commodity control. However, he argues that price stabilization is not desirable in all cases, because each commodity market is unique, and there can be certain costs associated with stabilization, in addition to the beneficial aspects. The feasibility of private financing of a part of the costs of buffer stock and export quota operations is also     

A spatial model approach for assessing windbreak growth and carbon stocks

Agroforestry, the deliberate integration of trees into agricultural operations, sequesters carbon (C) while providing valuable services on agricultural lands. However, methods to quantify present and projected C stocks in these open-grown woody systems are limited. As an initial step to address C accounting in agroforestry systems, a spatial Markov random field model for predicting the natural logarithm (log) of the mean aboveground volume of green ash ( Marsh.) within a shelterbelt, referred to as the log of aboveground volume, was developed using data from an earlier study and web-available soil and climate information. Windbreak characteristics, site, and climate variables were used to model the large-scale trend of the log of aboveground volume. The residuals from this initial model were correlated among sites up to 24 km from a point of interest. Therefore, a spatial dependence parameter was used to incorporate information from sites within 24 km into the prediction of the log of the aboveground volume. Age is an important windbreak characteristic in the model. Thus, the log of aboveground volume can be predicted for a given windbreak age and for values of other explanatory variables associated with a site of interest. Such predictions can be exponentiated to obtain predictions of aboveground volume for windbreaks without repeated inventory. With the capability of quantifying uncertainty, the model has the potential for large regional planning efforts and C stock assessments for many deciduous tree species used in windbreaks and riparian buffers once it is calibrated.     

Market efficiency,filter rules and buffer stock profitability

This paper uses a model of the optimum buffer stock as a ‘filter rule’ together with a financial model that can be used to assess the efficiency of international commodity markets. The approach is simpler to apply than many other methods which have hitherto been used and yields an economy in theoretical and computational effort. The arguments are applied as a case study to the international copper market. The main conclusion is that private storage is not under-provided for and that a public buffer stock agency would be unlikely to be self-financing.     

Assessing the benefits of community forests: an evaluation of the recreational use benefits of two urban fringe Woodlands

In 1989 the Countryside and Forestry Commissions launched a national programme to create Community Forests on the fringes of major towns and cities in England and Wales. The assumption that such forests will be of benefit to the community at large was tested by means of surveys of two existing multi‐purpose woodlands adjacent to major conurbations. Contingent valuation, travel cost and time cost methods of environmental valuation were used to estimate the existing user benefits of the two woodlands for recreation. The study highlights weaknesses in the travel cost approach when applied to recreational facilities located near urban fringe areas which can be accessed on foot. The results of the two surveys are discussed and compared with similar results for more rural woodlands/ forests. The study suggests that on social grounds at least the concept of Community Forests should be pursued with recreation benefits alone exceeding management costs by a factor of three.     

Effects of land use on soil inorganic carbon stocks in the Russian Chernozem

Little is known about changes in soil inorganic carbon (SIC) stocks with depth and with land use in grassland ecosystems. This study was conducted to determine SIC stocks under different management regimes in the Mollisol, one of the typical soils in grasslands. Four sites were sampled: a native grassland field (not cultivated for at least 300 yr), an adjacent 50-yr continuous fallow field, a yearly cut hay field in the V.V. Alekhin Central-Chernozem Biosphere State Reserve in the Kursk region of Russia, and a continuously cropped field in the Experimental Station of the Kursk Institute of Agronomy and Soil Erosion Control. All sampled soils were classified as fine-silty, mixed, frigid Pachic Hapludolls. Significant differences occurred in SIC stocks between cultivated and grassland soil. The inorganic carbon stocks in the top 2 m were 107 Mg ha(-1) for the native grassland, 91 Mg ha(-1) for the yearly cut hay field, 242 Mg ha(-1) for the continuously cropped field, and 196 Mg ha(-1) for the 50-yr continuous fallow. The SIC was in the form of calcium carbonate and was mostly stored below the 1-m depth. The largest difference between inorganic carbon stocks was observed between the continuously cropped field and native grassland. The increase in inorganic carbon in the continuously cropped field and continuous fallow was attributed to initial cultivation and fertilization. Soil inorganic carbon in Mollisols is not accounted for in the current global carbon estimates.     

Health benefits due to reductions of CO levels

A method is presented by which an upper limit of the adverse health effect of existing ambient CO concentrations on the U. S. population can be estimated. The method is based upon estimating the primary human physiological response to CO concentrations (COHb%) for the population in terms of person-hour-COHb>1.5% resulting from the time exposure of the population to CO concentrations in excess of the federally designated ambient air quality standard. The estimates of person-hour-COHb>1.5% are for exposures only to ambient CO concentrations and do not take into account the additional CO exposure for people who smoke or have occupational exposures.We estimate that there were up to 30.9×10⁹ person-hour-COHb>1.5% in 1973 due to ambient concentrations in excess of the ambient 8-hour CO standard, with approximately 5×10⁹ person-hour-COHb>1.5% occurring West of the Continental Divide and 25.9>10⁹ person-hour-COHb>1.5% occuring East of the Continental Divide; of these 21.3×10⁹ personhour-COHb>1.5% occurred in New York City. It was also estimated that a 60% reduction in 1973 ambient concentrations of CO (corresponding to an automotive emmision standard of less than 15 g/mile) would be needed to reduce to zero the person-hour-COHb>1.5%. The maximum estimated effects on the U.S. population of increases in ambient CO concentration above 1973 levels are also presented.     

Potential environmental benefits of ionophores in ruminant diets

A concern of the USEPA is the volatilization of NH3 from animal manure and CH4 produced from ruminal fermentation. Excess N in the environment has been associated with adverse effects on human health, and CH4 and N2O emissions are sources of greenhouse gases. The objectives of this paper are to summarize and quantify the benefits of ionophores, principally monensin, in decreasing NH3 and CH4 emissions to the environment and reducing resource utilization in cattle (Bos spp.) production. The data indicate that monensin in the diets of ruminants may decrease protein degradation in the rumen and may increase feed protein utilization by an average of 3.5 percentage units. These changes would have an effect in reducing N losses and decreasing fecal N and the amount of protein that must be fed to meet animal requirements. Additionally, CH4 is produced by enteric fermentation in ruminants, which is responsible for about 33 to 39% of CH4 emissions from agriculture. Ionophores can reduce CH4 production by 25% and decrease feed intake by 4% without affecting animal performance. The inclusion of monensin in beef and dairy cattle diets may benefit air quality by reducing CH4 and N emissions and water quality by reducing N in manure, which can potentially leave the farm through leaching into ground water and through runoff into surface water.     

Economic valuation of urban forest benefits in Finland

Urban development projects may cause loss of amenity values of green areas, which should be taken into consideration in planning. Therefore, quantitative information on residents' valuation concerning urban forests is needed for assessing urban land use. The purpose of this investigation was to study the valuation of urban forests in two different urban environments Joensuu and Salo, Finland. The aims were to study the attitudes towards and benefits related to the use of urban forests and, in particular, to measure the valuations in monetary terms using contingent valuation, i.e. measure the residents' willingness-to-pay for larger wooded recreation areas and for small forested parks. Urban forests were seen in both towns as clearly producing positive benefits rather than causing negative effects. The negative features of forests were related to the management of the areas rather than their existence. The main values were related to nature and social functions of forests. In contrast, timber production achieved a distinctively low priority in both study towns. The results stress the importance of defining urban forest policies for municipalities in Finland. More than two-thirds of the respondents were willing to pay for the use of recreation areas. Good location and active management raised the average WTP. Moreover, approximately half of the respondents were willing to pay for preventing construction in urban forests. The results also show that the monetary value of amenity benefits in recreation areas is much higher than the present maintenance costs. The examples concerning the advantageousness of construction on green areas suggest that a limit could be found where the infill of housing areas is not worthwhile from the point of view of society, if the losses of green space benefits are taken into account.     

Role of buffer strips in management of waterway pollution: A review

A buffer strip can perform a multitude of functions, and these include channel stability, a filter for sediment and nutrients, water purification (e.g., bacteria and pathogens), a nondisturbance area, and the provision of terrestrial and stream habitat. These functions are reviewed with specific application to Australian conditions, and methods for modeling their performance are outlined. The primary focus is on the use of buffer strips to minimize waterway pollution from diffuse sources since their use is often justified on this basis. Particular attention is given to the conditions under which a buffer strip will act as an effective filter and the conditions under which it will fail. Buffer strips are most effective when the flow is shallow (nonsubmerged), slow, and enters the buffer strip uniformly along its length. Their sediment trapping performance decreases as the sediment particle size decreases. Nutrients are often preferentially attached to fine sediment. As a result, buffer strips are better filters of sediment than of nutrients. Buffer strips should only be considered as a secondary conservation practice after controlling the generation of pollutants at their source and, to be effective, buffer strips should always be carefully designed, installed, and maintained.     

Steel all over the world: Estimating in-use stocks of iron for 200 countries

Industrialization and urbanization in the developing world have boosted steel demand during the recent two decades. Reliable estimates on how much steel is required for high economic development are necessary to better understand the future challenges for employment, resource management, capacity planning, and climate change mitigation within the steel sector. During their use phase, steel-containing products provide service to people, and the size of the in-use stock of steel can serve as an indicator of the total service level. We apply dynamic material flow analysis to estimate in-use stocks of steel in about 200 countries and identify patterns of how stocks evolve over time. Three different models of the steel cycle are applied and a full uncertainty analysis is conducted to obtain reliable stock estimates for the period 1700–2008.Per capita in-use stocks in countries with a long industrial history, e.g., the U.S, the UK, or Germany, are between 11 and 16 tons, and stock accumulation is slowing down or has come to a halt. Stocks in countries that industrialized rather recently, such as South Korea or Portugal, are between 6 and 10 tons per capita and grow fast. In several countries, per capita in-use stocks of steel have saturated or are close to saturation. We identify the range of saturation to be 13 ± 2 tons for the total per capita stock, which includes 10 ± 2 tons for construction, 1.3 ± 0.5 tons for machinery, 1.5 ± 0.7 tons for transportation, and 0.6 ± 0.2 tons for appliances and containers. The time series for the stocks and the saturation levels can be used to estimate future steel production and scrap supply.     

Integrating economic and biophysical data in assessing cost-effectiveness of buffer strip placement

The European Union Water Framework Directive (WFD) requires Member States to set water quality objectives and identify cost-effective mitigation measures to achieve "good status" in all waters. However, costs and effectiveness of measures vary both within and between catchments, depending on factors such as land use and topography. The aim of this study was to develop a cost-effectiveness analysis framework for integrating estimates of phosphorus (P) losses from land-based sources, potential abatement using riparian buffers, and the economic implications of buffers. Estimates of field-by-field P exports and routing were based on crop risk and field slope classes. Buffer P trapping efficiencies were based on literature metadata analysis. Costs of placing buffers were based on foregone farm gross margins. An integrated optimization model of cost minimization was developed and solved for different P reduction targets to the Rescobie Loch catchment in eastern Scotland. A target mean annual P load reduction of 376 kg to the loch to achieve good status was identified. Assuming all the riparian fields initially have the 2-m buffer strip required by the General Binding Rules (part of the WFD in Scotland), the model gave good predictions of P loads (345-481 kg P). The modeling results show that riparian buffers alone cannot achieve the required P load reduction (up to 54% P can be removed). In the medium P input scenario, average costs vary from ￡38 to ￡176 kg P at 10% and 54% P reduction, respectively. The framework demonstrates a useful tool for exploring cost-effective targeting of environmental measures.     

Application of a GIS-based stream buffer generation model to environmental policy evaluation

In this article a GIS method is presented for riparian environmental buffer generation. It integrates a scientifically tested buffer width delineation model into a GIS framework. Using the generally available data sets, it determines buffer widths in terms of local physical conditions and expected effectiveness. Technical burdens of data management, computation, and result presentation are handled by the GIS. The case study in which the method was used to evaluate the stream buffer regulations in a North Carolina county demonstrates its capability as a decision support tool to facilitate environmental policy formulation and evaluation, and environmental dispute resolution.     

Direct and indirect benefits of improving river quality: quantifying benefits and a case study of the River Klang,Malaysia

This paper describes the potential benefits to be gained from improving the quality of urban rivers and evaluates the methods commonly used to quantify such benefits. The difficulties encountered in quantifying non-use benefits in developing countries are discussed with particular reference to the River Klang that drains the urban conurbation of Kuala Lumpur in Malaysia, where as in many other locations in developing countries the only potential benefits are the most difficult to justify, namely indirect and non-use benefits.