An Economic Explanation on the Development of Under-Forestry Economy
The development of under-forestry economy has attracted the attention of many scholars.Though scholars have studied the development of under-forestry economy from its implications,basic theory,development model,economic benefits,problems and suggestions,the researches on the basic theory (especially in economic theory) of under-forestry economy development is seemed inadequate.The paper uses property rights theory,externality theory and asymmetric information theory to explain the development of under-forestry economy and makes recommendations accordingly.
under-forestrythe development of under-forestry economyeconomic explanation