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The forestry maximum principle

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  • Heaps, Terry

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  • Heaps, Terry, 1984. "The forestry maximum principle," Journal of Economic Dynamics and Control, Elsevier, vol. 7(2), pages 131-151, May.
    • Handle: RePEc:eee:dyncon:v:7:y:1984:i:2:p:131-151
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    Cited by:

    1. Fabbri, Giorgio & Faggian, Silvia & Freni, Giuseppe, 2015. "On the Mitra–Wan forest management problem in continuous time," Journal of Economic Theory, Elsevier, vol. 157(C), pages 1001-1040.
    2. Tahvonen, Olli & Salo, Seppo & Kuuluvainen, Jari, 2001. "Optimal forest rotation and land values under a borrowing constraint," Journal of Economic Dynamics and Control, Elsevier, vol. 25(10), pages 1595-1627, October.
    3. Sahashi, Yoshinao, 2002. "The convergence of optimal forestry control," Journal of Mathematical Economics, Elsevier, vol. 37(3), pages 179-214, May.
    4. John Livernois & Henry Thille & Xianqiang Zhang, 2006. "A test of the Hotelling rule using old‐growth timber data," Canadian Journal of Economics/Revue canadienne d'économique, John Wiley & Sons, vol. 39(1), pages 163-186, February.
    5. Zhang, Daowei, 2001. "Faustmann in an uncertain policy environment," Forest Policy and Economics, Elsevier, vol. 2(2), pages 203-210, June.
    6. Gardner Brown, 2000. "Renewable Natural Resource Management and Use Without Markets," Working Papers 0025, University of Washington, Department of Economics.
    7. Gardner M. Brown, 2000. "Renewable Natural Resource Management and Use without Markets," Journal of Economic Literature, American Economic Association, vol. 38(4), pages 875-914, December.
    8. Sahashi, Yoshinao, 2002. "Optimal forestry control with variable forest area," Journal of Economic Dynamics and Control, Elsevier, vol. 26(5), pages 755-796, May.
    9. Petri P Kärenlampi, 2019. "Wealth accumulation in rotation forestry – Failure of the net present value optimization?," PLOS ONE, Public Library of Science, vol. 14(10), pages 1-19, October.
    10. Terry Heaps, 2016. "Multiple Use Values and Convergence of Optimal Harvesting Policies," Discussion Papers dp16-09, Department of Economics, Simon Fraser University.
    11. González-González, José Mario & Vázquez-Méndez, Miguel Ernesto & Diéguez-Aranda, Ulises, 2022. "Multi-objective models for the forest harvest scheduling problem in a continuous-time framework," Forest Policy and Economics, Elsevier, vol. 136(C).
    12. KHAZRI, Olfa & LASSERRE, Pierre, 2008. "Forest Management : Are Double or Mixed Rotations Desirable?," Cahiers de recherche 12-2008, Centre interuniversitaire de recherche en économie quantitative, CIREQ.
    13. Callaway, J.M., 2000. "Assessing the Costs and Market Impacts of Carbon Sequestration, Climate Change and Acid Rain," Other publications TiSEM c58adec9-1535-46cf-b213-b, Tilburg University, School of Economics and Management.
    14. Ken-Ichi Akao, 2011. "Optimum forest program when the carbon sequestration service of a forest has value," Environmental Economics and Policy Studies, Springer;Society for Environmental Economics and Policy Studies - SEEPS, vol. 13(4), pages 323-343, December.
    15. Salo, Seppo & Tahvonen, Olli, 2002. "On Equilibrium Cycles and Normal Forests in Optimal Harvesting of Tree Vintages," Journal of Environmental Economics and Management, Elsevier, vol. 44(1), pages 1-22, July.
    16. Terry Heaps, 2014. "Convergence of Optimal Harvesting Policies to a Normal Forest," Discussion Papers dp14-01, Department of Economics, Simon Fraser University.
    17. Heaps, Terry, 2015. "Convergence of optimal harvesting policies to a normal forest," Journal of Economic Dynamics and Control, Elsevier, vol. 54(C), pages 74-85.
    18. Khazri, Olfa & Lasserre, Pierre, 2011. "Forest management: Are double or mixed rotations preferable to clear cutting?," Resource and Energy Economics, Elsevier, vol. 33(1), pages 155-171, January.
    19. Jette Bredahl Jacobsen & Frank Jensen & Bo Jellesmark Thorsen, 2018. "Forest Value and Optimal Rotations in Continuous Cover Forestry," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 69(4), pages 713-732, April.
    20. M.J. Penttinen, 2000. "Timber Harvesting with Variable Prices and Costs," Working Papers ir00045, International Institute for Applied Systems Analysis.
    21. Newman, D.H., 2002. "Forestry's golden rule and the development of the optimal forest rotation literature," Journal of Forest Economics, Elsevier, vol. 8(1), pages 5-27.
    22. B. White & P. J. Dawson, 1991. "A Dynamic Programming Model Of Early Potato Harvesting," Journal of Agricultural Economics, Wiley Blackwell, vol. 42(3), pages 325-339, September.
    23. Salo, Seppo & Tahvonen, Olli, 2003. "On the economics of forest vintages," Journal of Economic Dynamics and Control, Elsevier, vol. 27(8), pages 1411-1435, June.

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