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The optimal single forest rotation under climatic fluctuation effect

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Author Info
Jia, Haili
Abstract

The stochastic impact of the "climatic fluctuation effect" is introduced in the traditional determinant timber growth model and optimal harvesting strategies are derived under different stochastic "climatic fluctuation effect" patterns. Results show that properties of different patterns significantly affect the forms of the optimal harvesting rules.

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File URL: http://purl.umn.edu/35443
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Publisher Info
Paper provided by Southern Agricultural Economics Association in its series 2006 Annual Meeting, February 5-8, 2006, Orlando, Florida with number 35443.

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Date of creation: 2006
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Handle: RePEc:ags:saeaso:35443

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Keywords: Resource /Energy Economics and Policy;

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  1. Thang, Tran Cong & Burton, Michael & Brennan, Donna, 2009. "Optimal replanting and cutting rule for coffee farmers in Vietnam," 2009 Conference (53rd), February 11-13, 2009, Cairns, Australia 47638, Australian Agricultural and Resource Economics Society. [Downloadable!]
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