IDEAS home Printed from https://ideas.repec.org/a/eee/forpol/v2y2001i2p157-166.html
   My bibliography  Save this article

Land expectation values for spruce and beech calculated with Monte Carlo modelling techniques

Author

Listed:
  • Dieter, Matthias

Abstract

No abstract is available for this item.

Suggested Citation

  • Dieter, Matthias, 2001. "Land expectation values for spruce and beech calculated with Monte Carlo modelling techniques," Forest Policy and Economics, Elsevier, vol. 2(2), pages 157-166, June.
  • Handle: RePEc:eee:forpol:v:2:y:2001:i:2:p:157-166
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S1389-9341(01)00045-4
    Download Restriction: Full text for ScienceDirect subscribers only
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Samuelson, Paul A, 1976. "Economics of Forestry in an Evolving Society," Economic Inquiry, Western Economic Association International, vol. 14(4), pages 466-492, December.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Staupendahl, Kai & Möhring, Bernhard, 2011. "Integrating natural risks into silvicultural decision models: A survival function approach," Forest Policy and Economics, Elsevier, vol. 13(6), pages 496-502, July.
    2. L. Ferreira & M. Constantino & J. Borges, 2014. "A stochastic approach to optimize Maritime pine (Pinus pinaster Ait.) stand management scheduling under fire risk. An application in Portugal," Annals of Operations Research, Springer, vol. 219(1), pages 359-377, August.
    3. Félix Bastit & David W. Shanafelt & Marielle Brunette, 2023. "Stability and resilience of a forest bio-economic equilibrium under natural disturbances," Working Papers of BETA 2023-18, Bureau d'Economie Théorique et Appliquée, UDS, Strasbourg.
    4. Thomas Knoke & Michael Weber, 2006. "Expanding Carbon Stocks in Existing Forests – A Methodological Approach for Cost Appraisal at the Enterprise Level," Mitigation and Adaptation Strategies for Global Change, Springer, vol. 11(3), pages 579-605, May.
    5. Accastello, Cristian & Blanc, Simone & Mosso, Angela & Brun, Filippo, 2018. "Assessing the timber value: A case study in the Italian Alps," Forest Policy and Economics, Elsevier, vol. 93(C), pages 36-44.
    6. Roessiger, Joerg & Griess, Verena C. & Härtl, Fabian & Clasen, Christian & Knoke, Thomas, 2013. "How economic performance of a stand increases due to decreased failure risk associated with the admixing of species," Ecological Modelling, Elsevier, vol. 255(C), pages 58-69.
    7. Knoke, Thomas & Gosling, Elizabeth & Thom, Dominik & Chreptun, Claudia & Rammig, Anja & Seidl, Rupert, 2021. "Economic losses from natural disturbances in Norway spruce forests – A quantification using Monte-Carlo simulations," Ecological Economics, Elsevier, vol. 185(C).
    8. Nürnberger, Karin & Hahn, Andreas & Jörg, Rößiger & Thomas, Knoke, 2013. "Unerwünschte Effekte der Einkommensteuergesetzgebung auf die Wahl waldbaulicher Alternativen: Eine Simulationsstudie aus der Sicht eines risikomeidenden Entscheiders," 53rd Annual Conference, Berlin, Germany, September 25-27, 2013 156102, German Association of Agricultural Economists (GEWISOLA).
    9. Friedrich, Stefan & Paul, Carola & Brandl, Susanne & Biber, Peter & Messerer, Katharina & Knoke, Thomas, 2019. "Economic impact of growth effects in mixed stands of Norway spruce and European beech – A simulation based study," Forest Policy and Economics, Elsevier, vol. 104(C), pages 65-80.
    10. Félix Bastit & Marielle Brunette & Claire Montagne-Huck, 2021. "Earth, wind and fire: A multi-hazard risk review for natural disturbances in forests," Working Papers of BETA 2021-25, Bureau d'Economie Théorique et Appliquée, UDS, Strasbourg.
    11. Thomas Knoke & Carola Paul & Elizabeth Gosling & Isabelle Jarisch & Johannes Mohr & Rupert Seidl, 2023. "Assessing the Economic Resilience of Different Management Systems to Severe Forest Disturbance," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 84(2), pages 343-381, February.
    12. Thiele, Jan C. & Nuske, Robert S. & Ahrends, Bernd & Panferov, Oleg & Albert, Matthias & Staupendahl, Kai & Junghans, Udo & Jansen, Martin & Saborowski, Joachim, 2017. "Climate change impact assessment—A simulation experiment with Norway spruce for a forest district in Central Europe," Ecological Modelling, Elsevier, vol. 346(C), pages 30-47.
    13. Fuchs, Jasper M. & v. Bodelschwingh, Hilmar & Lange, Alexander & Paul, Carola & Husmann, Kai, 2022. "Quantifying the consequences of disturbances on wood revenues with Impulse Response Functions," Forest Policy and Economics, Elsevier, vol. 140(C).
    14. Knoke, Thomas & Kindu, Mengistie & Jarisch, Isabelle & Gosling, Elizabeth & Friedrich, Stefan & Bödeker, Kai & Paul, Carola, 2020. "How considering multiple criteria, uncertainty scenarios and biological interactions may influence the optimal silvicultural strategy for a mixed forest," Forest Policy and Economics, Elsevier, vol. 118(C).
    15. Clasen, Christian & Griess, Verena C. & Knoke, Thomas, 2011. "Financial consequences of losing admixed tree species: A new approach to value increased financial risks by ungulate browsing," Forest Policy and Economics, Elsevier, vol. 13(6), pages 503-511, July.
    16. Petucco, Claudio & Andrés-Domenech, Pablo, 2018. "Land expectation value and optimal rotation age of maritime pine plantations under multiple risks," Journal of Forest Economics, Elsevier, vol. 30(C), pages 58-70.
    17. Hahn, W. Andreas & Härtl, Fabian & Irland, Lloyd C. & Kohler, Christoph & Moshammer, Ralf & Knoke, Thomas, 2014. "Financially optimized management planning under risk aversion results in even-flow sustained timber yield," Forest Policy and Economics, Elsevier, vol. 42(C), pages 30-41.
    18. J. Garcia-Gonzalo & T. Pukkala & J. Borges, 2014. "Integrating fire risk in stand management scheduling. An application to Maritime pine stands in Portugal," Annals of Operations Research, Springer, vol. 219(1), pages 379-395, August.
    19. 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.
    20. Härtl, Fabian & Knoke, Thomas, 2014. "The influence of the oil price on timber supply," Forest Policy and Economics, Elsevier, vol. 39(C), pages 32-42.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Ben Abdallah, Skander & Lasserre, Pierre, 2016. "Asset retirement with infinitely repeated alternative replacements: Harvest age and species choice in forestry," Journal of Economic Dynamics and Control, Elsevier, vol. 70(C), pages 144-164.
    2. Navarrete, Eduardo, 2012. "Modeling optimal pine stands harvest under stochastic wood stock and price in Chile," Forest Policy and Economics, Elsevier, vol. 15(C), pages 54-59.
    3. Sinha, Ankur & Rämö, Janne & Malo, Pekka & Kallio, Markku & Tahvonen, Olli, 2017. "Optimal management of naturally regenerating uneven-aged forests," European Journal of Operational Research, Elsevier, vol. 256(3), pages 886-900.
    4. M. Ali Khan & Adriana Piazza, 2010. "On uniform convergence of undiscounted optimal programs in the Mitra–Wan forestry model: The strictly concave case," International Journal of Economic Theory, The International Society for Economic Theory, vol. 6(1), pages 57-76, March.
    5. Yuri Biondi, 2009. "Capital budgeting under relational contracting: optimal ranking and duration criteria for schemes of concession, project-financing and public-private partnership," Post-Print hal-00404305, HAL.
    6. Nguyen, Trung Thanh & Nghiem, Nhung, 2016. "Optimal forest rotation for carbon sequestration and biodiversity conservation by farm income levels," Forest Policy and Economics, Elsevier, vol. 73(C), pages 185-194.
    7. Todorova, Tamara, 2013. "Solving optimal timing problems elegantly," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 4(6), pages 95-105.
    8. Couture, Stéphane & Reynaud, Arnaud, 2011. "Forest management under fire risk when forest carbon sequestration has value," Ecological Economics, Elsevier, vol. 70(11), pages 2002-2011, September.
    9. Tahvonen, Olli, 2016. "Economics of rotation and thinning revisited: the optimality of clearcuts versus continuous cover forestry," Forest Policy and Economics, Elsevier, vol. 62(C), pages 88-94.
    10. Morag F. Macpherson & Adam Kleczkowski & John Healey & Nick Hanley, 2015. "When to harvest? The effect of disease on optimal forest rotation," Discussion Papers in Environment and Development Economics 2015-19, University of St. Andrews, School of Geography and Sustainable Development.
    11. Ali Khan, M. & Piazza, Adriana, 2012. "On the Mitra–Wan forestry model: A unified analysis," Journal of Economic Theory, Elsevier, vol. 147(1), pages 230-260.
    12. Mario E Niklitschek & Eugenio Bobenrieth, 1992. "Incentivos Económicos para una Explotación Eficiente del Bosque," Latin American Journal of Economics-formerly Cuadernos de Economía, Instituto de Economía. Pontificia Universidad Católica de Chile., vol. 29(88), pages 463-480.
    13. 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.
    14. Xu, Ying & Amacher, Gregory S. & Sullivan, Jay, 2016. "Optimal forest management with sequential disturbances," Journal of Forest Economics, Elsevier, vol. 24(C), pages 106-122.
    15. Asante, Patrick & Armstrong, Glen W. & Adamowicz, Wiktor L., 2011. "Carbon sequestration and the optimal forest harvest decision: A dynamic programming approach considering biomass and dead organic matter," Journal of Forest Economics, Elsevier, vol. 17(1), pages 3-17, January.
    16. 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.
    17. Gardner Brown, 2000. "Renewable Natural Resource Management and Use Without Markets," Working Papers 0025, University of Washington, Department of Economics.
    18. Caparros, Alejandro & Jacquemont, Frederic, 2003. "Conflicts between biodiversity and carbon sequestration programs: economic and legal implications," Ecological Economics, Elsevier, vol. 46(1), pages 143-157, August.
    19. Creamer, Selmin F. & Genz, Alan & Blatner, Keith A., 2012. "The Effect of Fire Risk on the Critical Harvesting Times for Pacific Northwest Douglas-Fir When Carbon Price Is Stochastic," Agricultural and Resource Economics Review, Northeastern Agricultural and Resource Economics Association, vol. 41(3), pages 1-14, December.
    20. Viitala, Esa-Jussi, 2016. "Faustmann formula before Faustmann in German territorial states," Forest Policy and Economics, Elsevier, vol. 65(C), pages 47-58.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:forpol:v:2:y:2001:i:2:p:157-166. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/locate/forpol .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.