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Timber Harvest Adjacency Economies, Hunting, Species Protection, And Old Growth Value: Seeking The Optimum

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  • Rose, Steven K.
  • Chapman, Duane
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    Abstract

    Spatial forest management models recognize that nontimber benefits cat1 be influenced by the status of adjacent land. For instance, contiguous old growth provides habitat, aesthetic value, and environmental services. Conversely, edge areas provide forage and cover habitat for game and non-game wildlife. However, adjacency externalities are not limited to nontimber concerns. Larger harvest areas generate average cost savings as fixed harvesting costs are spread across greater acreage, a problem excluded from most literature on optimal harvesting. Hence, it is typical that economies and diseconomies of adjacency in harvesting occur simultaneously. This complicates the determination of optimal ecosystem management behavior, which recognizes timber, aesthetic, wildlife protection, and hunting values. This paper conceptually portrays economies of adjacency in competing objectives using multiple management strategies.

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    Bibliographic Info

    Paper provided by Cornell University, Department of Applied Economics and Management in its series Working Papers with number 7233.

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    Date of creation: 2000
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    Handle: RePEc:ags:cudawp:7233

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    Keywords: Resource /Energy Economics and Policy;

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    1. Bowes, Michael D. & Krutilla, John V., 1985. "Multiple use management of public forestlands," Handbook of Natural Resource and Energy Economics, in: A. V. Kneeseā€  & J. L. Sweeney (ed.), Handbook of Natural Resource and Energy Economics, edition 1, volume 2, chapter 12, pages 531-569 Elsevier.
    2. 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.
    3. Erickson, Jon D. & Chapman, Duane & Fahey, Timothy J. & Christ, Martin J., 1999. "Non-renewability in forest rotations: implications for economic and ecosystem sustainability," Ecological Economics, Elsevier, vol. 31(1), pages 91-106, October.
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