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. Author manuscript; available in PMC: 2020 May 27.
Published in final edited form as: J For Econ. 2019 Aug 7;34:129–158. doi: 10.1561/112.00000445

Table 6:

Effect of a 10% change in each parameter on regional total carbon storage in 2090 in million tons C and as a % of the average baseline projection by 2090.

Region Delta (δ) (%) Pi (π) (%) Own-price elasticity Global Elasticity

Million tons C
Africa/Middle East 0.3, (3.8%) 0.2, (3.1%) 0.05, (0.7%) −0.09, (−1.1%)
Brazil 49.0, (8.2%) 25.7, (4.4%) 2.82, (0.5%) −5.18, (−0.9%)
Canada 4.1, (2.3%) 2.4, (1.3%) 0.37, (0.2%) −0.53, (−0.3%)
Central America 1.1, (5.8%) 0.6, (3.2%) 0.12, (0.6%) −0.20, (−1.1%)
China 2.3, (3.9%) 1.8, (3.0%) 0.42, (0.7%) −0.57, (−1.0%)
EU Annex I 2.5, (4.3%) 2.6, (4.5%) 0.70, (1.2%) −1.16, (−2.0%)
EU non-annex I 0.4, (4.0%) 0.5, (4.6%) 0.13, (1.3%) −0.21, (−2.2%)
East Asia 0.1, (1.7%) 0.1, (2.3%) 0.03, (0.9%) −0.05, (−1.6%)
Japan −0.1, (−0.1%) 0.1, (1.8%) 0.20, (2.9%) −0.24, (−3.6%)
Oceania 1.5, (3.7%) 0.6, (1.6%) 0.10, (0.3%) −0.13, (−0.3%)
Rest of SA 5.6, (5.8%) 7.6, (7.7%) −0.12, (−0.1%) −0.62, (−0.7%)
Russia 17.4, (4.0%) 13.8, (3.2%) 0.36, (0.1%) −0.61, (−0.1%)
SE Asia 6.7, (6.6%) 5.9, (5.9%) 0.17, (0.2%) −0.90, (−0.9%)
Sub-Saharan Africa 7.8, (7.1%) 5.3, (4.8%) −0.11, (−0.1%) −0.64, (−0.6%)
South Asia 0.2, (2.2%) 0.4, (3.7%) 0.11, (1.0%) −0.19, (−1.7%)
United States 1.5, (2.2%) 1.4, (2.2%) 0.48, (0.7%) −0.55, (−0.8%)