Abstract
The issue of the optimal thinning type has occupied foresters since the beginnings of modern forestry. Thinning from below and thinning from above represent the two extreme solutions in a continuum of thinning types. This paper provides a general economic analysis of the thinning intensity dependent on the social class and the decision between thinning from below, above or both ends. Therefore, a two-tiered even-aged forest stand is assumed, in which only a dominant and a suppressed class of trees can be distinguished. Optimal thinning intensities are derived for each cohort to maximize the land expectation value and analyzed in a comparative static analysis. The results provide a general insight into the thinning type decision and identify conditions under which a certain thinning type is likely to be optimal. The findings are discussed in comparison to existing literature.
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