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The Cost of Achieving Old-Growth Forest Structure

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  • Claire A. Montgomery
  • Greg S. Latta
  • Darius M. Adams

Abstract

Dwindling area of old-growth forest is of concern in many regions of the world. Forest reserves provide one solution. But highly productive timberlands are typically excluded from reserves due to cost. In this study, old-growth forest is defined by structural attributes believed to be important for old-growth-dependent wildlife species. Management practices are allowed that accelerate the development of these attributes while permitting timber harvest. A minimum area of old-growth forest is protected at any time, but the spatial location of old-growth can shift over time. We demonstrate our approach using a case study on private land in western Oregon.

Suggested Citation

  • Claire A. Montgomery & Greg S. Latta & Darius M. Adams, 2006. "The Cost of Achieving Old-Growth Forest Structure," Land Economics, University of Wisconsin Press, vol. 82(2), pages 240-256.
    • Handle: RePEc:uwp:landec:v:82:y:2006:i:2:p:240-256
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    References listed on IDEAS

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    1. Englin, Jeffrey & Mendelsohn, Robert, 1991. "A hedonic travel cost analysis for valuation of multiple components of site quality: The recreation value of forest management," Journal of Environmental Economics and Management, Elsevier, vol. 21(3), pages 275-290, November.
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    Cited by:

    1. Latta, Gregory S. & Adams, Darius M. & Bell, Kathleen P. & Kline, Jeffrey D., 2016. "Evaluating land-use and private forest management responses to a potential forest carbon offset sales program in western Oregon (USA)," Forest Policy and Economics, Elsevier, vol. 65(C), pages 1-8.
    2. Wilson, Jeffrey J. & Lantz, Van A. & MacLean, David A., 2010. "A benefit-cost analysis of establishing protected natural areas in New Brunswick, Canada," Forest Policy and Economics, Elsevier, vol. 12(2), pages 94-103, February.
    3. Crandall, Mindy S. & Adams, Darius M. & Montgomery, Claire A. & Smith, David, 2017. "The potential rural development impacts of utilizing non-merchantable forest biomass," Forest Policy and Economics, Elsevier, vol. 74(C), pages 20-29.
    4. Khajuria, Rajendra Prasad & Laaksonen-Craig, Susanna & Kant, Shashi, 2008. "A marginal cost analysis of trade-offs in old-growth preservation in Ontario," Forest Policy and Economics, Elsevier, vol. 10(5), pages 326-335, April.
    5. Latta, Gregory S. & Sjølie, Hanne K. & Solberg, Birger, 2013. "A review of recent developments and applications of partial equilibrium models of the forest sector," Journal of Forest Economics, Elsevier, vol. 19(4), pages 350-360.
    6. Miguel RIVIERE & Sylvain CAURLA, 2018. "Integrating non-timber objectives into bio-economic models of the forest sector: a review of recent innovations and current shortcomings," Working Papers of BETA 2018-26, Bureau d'Economie Théorique et Appliquée, UDS, Strasbourg.

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    More about this item

    JEL classification:

    • Q23 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Forestry

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