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Stationary Forestry with Human Interference

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  • Petri P. Kärenlampi

    (Faculty of Science, University of Eastern Finland, PO Box 111, FIN-80101 Joensuu, Finland)

Abstract

Here, we present stationarity criteria for forest stands and establish ecological embodiments using an empirical stand development model. We introduced human interference in terms of diameter-limit cutting. Financial sustainability was investigated as a function of the cutting limit diameter. It was found that nonoperative capitalization along with its appreciation rate dictates the sustainability of management practices. In the absence of nonoperative capitalization, stationary forestry produces high capital return rates at a rather small volume of growing trees. In the case of large but constant nonoperative capitalization, a large operative capitalization resulting in a large harvesting yield provides the best capital returns. A high nonoperative appreciation rate requires a small volume of growing trees.

Suggested Citation

  • Petri P. Kärenlampi, 2018. "Stationary Forestry with Human Interference," Sustainability, MDPI, vol. 10(10), pages 1-17, October.
  • Handle: RePEc:gam:jsusta:v:10:y:2018:i:10:p:3662-:d:175363
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    References listed on IDEAS

    as
    1. Chang, Sun Joseph & Deegen, Peter, 2011. "Pressler's indicator rate formula as a guide for forest management," Journal of Forest Economics, Elsevier, vol. 17(3), pages 258-266, August.
    2. 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.
    3. Pukkala, Timo, 2016. "Plenterwald, Dauerwald, or clearcut?," Forest Policy and Economics, Elsevier, vol. 62(C), pages 125-134.
    4. Chang, Sun Joseph & Gadow, Klaus V., 2010. "Application of the generalized Faustmann model to uneven-aged forest management," Journal of Forest Economics, Elsevier, vol. 16(4), pages 313-325, December.
    5. Rosa, Renato & Soares, Paula & Tomé, Margarida, 2018. "Evaluating the Economic Potential of Uneven-aged Maritime Pine Forests," Ecological Economics, Elsevier, vol. 143(C), pages 210-217.
    6. 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.
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    Cited by:

    1. 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.

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