17th Annual Meeting
Canadian Resource and Environmental Economics Study Group


17e rencontre annuelle du
Groupe d'étude canadien en économie des ressources naturelles et de l'environnement


Université d'Ottawa - University of Ottawa
Pavillon Desmarais Building
55 Laurier E., Ottawa (corner Nicolas st.)
12 au 14 octobre 2007 - October 12 to 14, 2007
CREE 2007 remercie ses commanditaires, soit Ressources Naturelles Canada et la Faculté des sciences sociales de l'Université d'Ottawa. 
CREE 2007 is sponsored by Natural Resources Canada and the Faculty of Social Sciences at the University of Ottawa.

Programme - Program

Each presentation is allocated a total time of 30 minutes:
 20 minute presentation, 5 minutes for the discussant and 5 minutes of open floor discussion.

Friday, October 12 / Vendredi 12 octobre

19h00-21h00

Cocktail and Registration / Accueil et inscription
Royal Oak Pub (downstairs)
61 Laurier Ave. East (between King Edward st and Cumberland st)

Saturday, October 13 / Samedi 13 octobre

8:00-8:30 Registration and continental breakfast  - Inscription et déjeuner continental
Pavillon Desmarais Building, 55 Laurier E., Ottawa (corner Nicolas st.)
08:30 - 10:00
DMS10161
(DMS=Desmarais)
SESSION Ia: Industrial Structure and Environmental Policy
Chair / Président : Gérard Gaudet (U de Montréal) 

André Grimaud (Toulouse U), Gilles Lafforgues (Toulouse U) and Bertrand Magné (Paul Scherrer Institute, Suisse)
Innovation markets in the policy appraisal of climate change mitigation
Discussant: Meredith Fowlie (U of Michigan)

Soham Baksi (U of Winnipeg) and Michael Benarroch (U of Winnipeg)
Production externalities, Environmental Taxes, and the Gains from Trade
Discussant: Stephan Schott (Carleton U)

Jean De Beir (U Evry-Val-d'Essonne), Mouez Fodha (U Paris 1 Panthéon-Sorbonne) and Francesco Magris (U Evry-Val-d'Essonne)
Life cycle of products and Endogenous fluctuations
Discussant: Rafat Alam (Grant Macewan College)

08:30 - 10:00
DMS1130
SESSION Ib: Non-Renewable Resources
Chair / Président : John Hartwick (Queen's U) 

Cees Withagen (Tilburg U), Alex Halsema (Vrije U Amsterdam) and Hassan Benchekroun (McGill U)
Oligopoly on the Market for a nonrenewable resource: open-loop and feedback Nash equilibrium
Discussant: Andrew Leach (U of Alberta)

Jason Stevens (Dalhousie U)
A Consumption Based Asset Pricing Approach to Non-Renewable Resource Extraction
Discussant: Nguyen Van Quyen (U d'Ottawa)

Jean-Pierre Amigues (Toulouse U), Ujjayant Chakravorty (U of Central Florida) and Michel Moreaux (Toulouse U)
Local vs Global regulation of Pollution with a Nonrenewable Resource
Discussant:John Janmaat (University of British Columbia) 


10:00 - 10:30 Coffee Break
Pause café

10:30 - 12:00
DMS1130
SESSION IIa: Environmental Regulation
Chair / Président : Pierre Lasserre (UQAM) 

Meredith Fowlie (U of Michigan)
Incomplete Environmental Regulation and Leakage
Discussant: Ross McKitrick (University of Guelph)

Stephan Schott (Carleton U)
Regulatory Coordiantion and Optimal Taxation of Polluters in Non-Competitive Markets
Discussant: Paul Missios (Ryerson U)

John Janmaat (University of British Columbia) and Arjan Ruijs (Wageningen U)
Fishing in a shallow Lake: A case for Effort Controls?
Discussant: Jianqiao Liu (University of Ottawa)

10:30 - 12:00
DMS10161
SESSION IIb: Valuation
Chair / Président :  Stephan Kroll (California State U, Sacramento)

Tritan H. Brown (U of Cambridge) and Ekin Birol (U of Cambridge)
Using a Choice Experiment to estimate the Economic Value of Environmentally Sustainable Management of the Great Lakes
Discussant: Christopher Bruce (U of Calgary)

Timothy Folkins (Environment Canada)
Benefits Assessment of Policy Induced Reductions of Tropospheric Ozone Levels to Canadian Crop Production
Discussant: Duncan Knowler (Simon Fraser U)

Olivier Beaumais (U de Rouen), D. Laroutis (U de Rouen) and R. Chakir (UMR - INRA) 
Wetland Preservation versus Wetland Conversion to Industrial Use: A Cost-Benefit Analysis Applied to the Seine Estuary (France)
Discussant: Pablo Benitez (Ministry of Environment of British Columbia)


12:00 - 13:30
DMS3120
Lunch - dîner

13:30 - 15:00
DMS1130
SESSION IIIa: Energy
Chair / Président : Leslie Shiell (U d'Ottawa)

Neil Wilmot (U of Wyoming) and Charles F. Mason (U of Wyoming)
Jump Processes in the Market for Crude Oil
Discussant: Margaret Insley (U of Waterloo)

John R. Boyce (U of Calgary) and Linda Nostbakken (Institute for Research in Economics and Business Administration, Norway)
Dynamically Efficient Contracting in Oil and Gas Field Exploration and Development
Discussant: Shengzu Wang (McGill U)

Alain Ayong Le Kama (U de Lille) and Mouez Fodha (U Paris 1 Panthéon-Sorbonne) 
Optimal Nuclear Waste Burying Policy under Uncertainty
Discussant: Skander ben Abdallah (U du Québec à Montréal)

13:30 - 15:00
DMS1110
SESSION IIIb: Trade, Investment and Environmental Policy
Chair / Président : Yazid Dissou (U d'Ottawa)

Emma Aisbett (U of California, Berkeley), Larry Karp (U of California, Berkeley) and Carol McAusland (U of Maryland)
Police-powers, regulatory takings and the efficient compensation of domestic and foreign investors
Discussant:Louis Hotte (U d'Ottawa)

Joel F. Bruneau (U of saskatchewan)
Economic Development, Composition of Manufacturing, and Pollution Intensity
Discussant: Sophie Bernard (Université d'Ottawa)

Ida Ferrara (York U), Paul Missios (Ryerson U) and Halis Murat Yildiz
Foreign Direct Investment and the Choice of Environment Policy
Discussant: Carol McAusland (U of Maryland)


15:00 - 15:30 Break
Pause 

15:30 - 17:00
DMS1130
SESSION IVa: Discounting and Open-Acces Resources
Chair / Président : Robert D. Cairns (McGill U)

Sjak Smulders (U of Calgary and Tilburg U)
How Discounting and Growth can be Good for the Environment
Discussant: Robert D. Cairns (McGill U)

Ning Qi (U of Guelph) and Patrick Martin (U of Guelph)
The Distributional gains from Regulating an Open Access Resource: A Dynamic Approach
Discussant: Ronan Congar (Université de Rouen)

Bin Hu (U of Guelph)
PV-optimality and sustainability revisited
Discussant: Leslie Shiell (U d'Ottawa)

CANCELLED Sophie Chemarin (École Polytechnique) and Caroline Orset (Toulouse School of Economics)

15:30 - 17:00
DMS1110
SESSION IVb: Climate Policies
Chair / Président

CANCELLED Olga Diukanova (Oxford Institute for Energy Studies)


18:30 Dinner reception - Réception souper
Café du Centre National des Arts - National Arts Center


Sunday, October 14 / Dimanche 14 octobre

8:30-9:00 Continental breakfast  - Déjeuner continental
Pavillon Desmarais Building, 55 Laurier E., Ottawa (corner Nicolas st.)
09:00 - 10:30
DMS1130
SESSION Va: Development and the Environment
Chair / Président : Morgane Chevé (Université du Havre)

Robert D. Cairns (McGill U)
On a Fallacy in National Accounting for a Cake-Eating Economy
Discussant: Bin Hu (U of Guelph)

Ngo Van Long (McGill U) and Shengzu Wang (McGill U)
Dynamic Resource Grabbing by Status-Conscious Agtents 
Discussant: Sjak Smulders (U of Calgary and Tilburg U)

Joan Canton (University of Ottawa) 
Redealing the cards: how an eco-industry modifies the political economy of environmental taxes

09:00 - 10:30
DMS1110
SESSION Vb: Agriculture and externalities
Chair / Président : Philippe Crabbé (U d'Ottawa)

Duncan Knowler (Simon Fraser U), Jay O'Keeffe (UNESCO-IHE) and Sarah Nathan (Simon Fraser U)
Valuing Ecosystem Services Associated with Biodiversity in the Black fly-Livestock System of South Africa
Discussant: Timothy Folkins (Environment Canada)

Ian Campbell (Agriculture and Agri-Food Canada/Agriculture et Agroalimentaire Canada)
Canadian Policy on Ecological Goods and Services Provided by Agriculture
Discussant: Philippe Crabbé (U d'Ottawa)

Glenn Sheriff (Columbia U) and Daniel Osgood (Columbia U)
Climate forecasts abd dynamic markets for credence goods: A shepherd's dilemma
Discussant: Ujjayant Chakravorty (U of Central Florida)

10:30 - 10:45 Break
Pause

10:45 - 12:15
DMS1130
SESSION VIa: Uncertainty and Resource Management
Chair / Président : Joan Canton (U d'Ottawa)

Skander ben Abdallah (U du Québec à Montréal), Pierre Lasserre (UQAM) and Don Morgan (British Columbia Ministry of Forests)
Real Option Approach in Forest Management to Protect an Endangered Species
Discussant: Alex Halsema (Vrije U Amsterdam)

Shan Chen (U of Waterloo) and Margaret Insley (U of Waterloo)
Regime switching in stochastic models of commodity prices: An application to the optimal tree harvesting problem
Discussant: Mouez Fodha (U Paris 1 Panthéon-Sorbonne)

Morgane Chevé (Université du Havre) and Ronan Congar (Université de Rouen)
Uncertainty in Natural Regeneration and the Robust Management of Environmental resources 
Discussant: Neil Wilmot (U of Wyoming)

10:45 - 12:15
DMS1110
SESSION VIb: Experimental Economics
Chair / Président : Joel F. Bruneau (U of saskatchewan)

Christopher Bruce (U of Calgary) and Jeremy Clark (U of Canterbury, NZ)
The efficiency of colaborative public policy making: An experimental test    APPENDICES
Discussant: Olivier Beaumais (U de Rouen)

Steffen Kallbekken (Center for International Climate and Environmental Research, Norway) and Stephan Kroll (California State U, Sacramento)
Do you not like Pigou, or do you not understand him? Tax aversion in the Lab
Discussant: Diane P. Dupont (Brock U)

Ian J. Bateman (U of East Anglia), Diane P. Dupont (Brock U) and Riccardo Scarpa (U of Waikato, NZ)
Preference Elicitation in Choice Experiments: Task Awareness and Learning
Discussant: Tritan H. Brown (U of Cambridge)


12:15 - 13:45
DMS3120
Lunch- dîner

13:45 - 15:15
DMS1130
SESSION VII: Trade and the Environment
Chair / Président : Randall Wigle (Wilfrid Laurier U)

Ida Ferrara (York U), Paul Missios (Ryerson U) and Halis Murat Yildiz
Static and Dynamic Implications of Trading Rules on the Environment
Discussant: Soham Baksi (U of Winnipeg)

Andrea Podhorsky (York U)
Environmental Labeling and International Trade
Discussant: Joel F. Bruneau (U of saskatchewan)

Alain-Désiré Nimubona (U of Waterloo)
Environmental taxation and Trade Liberalization in Environmental Goods and Services
Discussant: Adeyemi Esuola (Wilfrid Laurier University)

15:15
DMS1130
Closing words
Mots de la fin

15:45 Walk in Gatineau Parc (weather and numbers permitting)
Marche dans le parc de la Gatineau (si le temps et la demande le justifient)