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The effect of site quality on economically optimal stand management

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  • Marutani, Teruhiko
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    Bibliographic Info

    Article provided by Elsevier in its journal Journal of Forest Economics.

    Volume (Year): 16 (2010)
    Issue (Month): 1 (January)
    Pages: 35-46

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    Handle: RePEc:eee:foreco:v:16:y:2010:i:1:p:35-46

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    Related research

    Keywords: Even-aged stand Faustmann formula Natural resource management;

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    1. repec:ltr:wpaper:1989.01 is not listed on IDEAS
    2. Chang,Fwu-Ranq, 2004. "Stochastic Optimization in Continuous Time," Cambridge Books, Cambridge University Press, number 9780521834063, April.
    3. Gong, Peichen & Boman, Mattias & Mattsson, Leif, 2005. "Non-timber benefits, price uncertainty and optimal harvest of an even-aged stand," Forest Policy and Economics, Elsevier, vol. 7(3), pages 283-295, March.
    4. Harry R Clarke & William J. Reed, 1989. "The Tree-Cutting Problem in a Stochastic Environment: The case of Age Dependent Growth," Working Papers 1989.01, School of Economics, La Trobe University.
    5. Lu, Fadian & Gong, Peichen, 2005. "Adaptive thinning strategies for mixed-species stand management with stochastic prices," Journal of Forest Economics, Elsevier, vol. 11(1), pages 53-71, June.
    6. Samuelson, Paul A, 1976. "Economics of Forestry in an Evolving Society," Economic Inquiry, Western Economic Association International, vol. 14(4), pages 466-92, December.
    7. Reed, William J & Clarke, Harry R, 1990. "Harvest Decisions and Asset Valuation for Biological Resources Exhibiting Size-Dependent Stochastic Growth," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 31(1), pages 147-69, February.
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