Abstract
This study proposes a discrete optimal control model to obtain harvest strategies that maximize the net present value (NPV) of the timber harvested from uneven-aged Pinus nigra stands located in the Spanish Iberian System, between two stable positions. The model was constructed using an objective function that integrates financial data on the harvesting operations with a matrix model describing the population dynamics. The initial and final states are given by the stable diameter distribution of the stand, and the planning horizon is 70 years. The scenario analysis corresponding to the optimal solutions revealed that the stand diameter distribution does not deviate substantially from the equilibrium position over time and that the NPV for the optimal harvesting schedule was always greater than the NPV for the “sustainable/stable” harvesting strategy. The NPV increase for the different scenarios is between 5.36% and 14.43%, showing a greater increase in higher site index scenarios and higher recruitments.
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