Economics of Forestry

Abstract

The harvest rotation issue: M. Faustmann (1848), calculation of the value which forest land and immature stands possess for forestry B. Ohlin (1921), concerning the question of the rotation period in forestry W.R. Bentley, D.E. Teeguarden (1965), financial maturity - a theoretical review D. Klemperer (1976), impacts of tax alternatives on forest values and investments P.A. Samuelson (1976), economics of forestry in an evolving society J.S. Chang (1982), an economic analysis of forest taxation's impact on optimal rotation age W.J. Reed (1984), the effects of the risk of fire on the optimal rotation of a forest K-G. Lofgren (1985), effects on socially optimal rotation period in forestry of biotechnology improvements in the growth function R.J. Brazee, R. Mendelsohn (1988), timber harvesting with fluctuating prices E. Koskela (1989), forest taxation and timber supply under price uncertainty and perfect capital markets. Timber supply - planted forest and the optimal drawn-down: H.J. Vaux (1973), how much land do we need for timber growing M. Clawson (1979), forest in the long sweep of American history P. Berck (1979), the economics of timber - a renewable resource in the long run K.S. Lyon (1981), mining the forest and the time path of the price of timber K.S. Lyon, R.A. Sedjo (1983), an optimal control theory model to estimate the regional long-term supply of timber. Multiple use and nontimber outputs: R. Hartman (1976), harvesting decision when a standing forest has value S.K. Swallow, P.J. Parks, D. Wear (1990), policy relevant nonconvexities in the production of multiple forest benefits. Global issues: P.J. Parks, I.W. Hardie (1994), least cost forest carbon reserves - cost effective subsidies to convert marginal agriculture land to forests H.F. Hoen, B. Solberg (1994), potential and economic efficiency of carbon sequestration in forest biomass through silvicultural management G.C. Van Kooten, C.S. Binkley, G. Delcourt (1995), effect of carbon taxes and subsidies on optimal forest rotation age and supply of carbon services IPCC (2001), technical and economic potential of options to enhance, maintain and manage biological carbon reservoirs and geo-engineering L.A. Joyce, J.R. Mills, L.S. Heath, A.D. McGuire, R.W. Haynes, R.A. Birdsey (1995), forest sector impacts from changes in forest productivity under climate change C. Montgomery, G. Brown Jr, D.M. Adams (1994), the marginal cost of species preservation - the Northern Spotted Owl R.D. Simpson, R.A. Sedjo, J. Reid (1996), valuing biodiversity for pharmaceutical research.