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Economics of Forestry in an Evolving Society

In: Classic Papers in Natural Resource Economics

Citations

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Cited by:

  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. Price, Colin, 2018. "Declining discount rate and the social cost of carbon: Forestry consequences," Journal of Forest Economics, Elsevier, vol. 31(C), pages 39-45.
  3. Harry R. Clarke, 1988. "Product Rotations and the Economics of an Adaption-Flexible Manufacturing System," Australian Journal of Management, Australian School of Business, vol. 13(2), pages 319-331, December.
  4. Fabbri, Giorgio & Faggian, Silvia & Freni, Giuseppe, 2015. "On the Mitra–Wan forest management problem in continuous time," Journal of Economic Theory, Elsevier, vol. 157(C), pages 1001-1040.
  5. Olli Tahvonen, 2015. "Economics of Naturally Regenerating, Heterogeneous Forests," Journal of the Association of Environmental and Resource Economists, University of Chicago Press, vol. 2(2), pages 309-337.
  6. Jussi Lintunen & Aapo Rautiainen & Jussi Uusivuori, 2022. "Which Is more Important, Carbon or Albedo? Optimizing Harvest Rotations for Timber and Climate Benefits in a Changing Climate," American Journal of Agricultural Economics, John Wiley & Sons, vol. 104(1), pages 134-160, January.
  7. Viitala, Esa-Jussi, 2006. "An early contribution of Martin Faustmann to natural resource economics," Journal of Forest Economics, Elsevier, vol. 12(2), pages 131-144, June.
  8. Tamara Peneva Todorova, 2014. "The tragedy of the private: transaction cost considerations," International Journal of Social Economics, Emerald Group Publishing Limited, vol. 41(6), pages 482-492, June.
  9. Cacho, Oscar J. & Greiner, Romy & Fulloon, Lachlan, 2001. "An economic analysis of farm forestry as a means of controlling dryland salinity," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 45(2), pages 1-24.
  10. Todorova, Tamara, 2015. "The Transaction-Cost Roots of Market Failure," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 0(1(11)), pages 30-44.
  11. Ken-Ichi Akao, 2011. "Optimum forest program when the carbon sequestration service of a forest has value," Environmental Economics and Policy Studies, Springer;Society for Environmental Economics and Policy Studies - SEEPS, vol. 13(4), pages 323-343, December.
  12. Deegen Peter, 2013. "Die Stellung der Tharandter Theorien der forstlichen Nachhaltigkeit in Hayeks Klassifikation der Formen menschlicher Ordnung / The relation among the Tharandt-based theories of forest sustainability a," ORDO. Jahrbuch für die Ordnung von Wirtschaft und Gesellschaft, De Gruyter, vol. 64(1), pages 79-98, January.
  13. Goodnow, Robert & Sullivan, Jay & Amacher, Gregory S., 2008. "Ice damage and forest stand management," Journal of Forest Economics, Elsevier, vol. 14(4), pages 268-288, November.
  14. Anne Sophie Crépin, 2003. "Management Challenges for Multiple-Species Boreal Forests," Working Papers 2003.106, Fondazione Eni Enrico Mattei.
  15. Deegen, Peter & Halbritter, Andreas, 2018. "The pure market allocation of land between forestry and agriculture," Forest Policy and Economics, Elsevier, vol. 97(C), pages 122-131.
  16. Alvarez, Luis H. R. & Koskela, Erkki, 2005. "Wicksellian theory of forest rotation under interest rate variability," Journal of Economic Dynamics and Control, Elsevier, vol. 29(3), pages 529-545, March.
  17. Cacho, Oscar, 2001. "An analysis of externalities in agroforestry systems in the presence of land degradation," Ecological Economics, Elsevier, vol. 39(1), pages 131-143, October.
  18. Bhattacharyya, Rabindra N. & Snyder, Donald L., 1986. "Towards A More General Dynamic Economic Model Of The Optimal Rotation Of Forests," 1986 Annual Meeting, July 27-30, Reno, Nevada 278086, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
  19. Harou, Patrice A. & Zheng, Chinlong & Zhang, Daowei, 2013. "The Alternative Test in forestry," Forest Policy and Economics, Elsevier, vol. 34(C), pages 41-46.
  20. 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.
  21. Riera, Pere & Aranda, Leticia & Mavsar, Robert, 2007. "Efficiency and equity of forest policies: A graphic analysis using the partial equilibrium framework," Forest Policy and Economics, Elsevier, vol. 9(7), pages 852-861, April.
  22. Sahashi, Yoshinao, 2002. "The convergence of optimal forestry control," Journal of Mathematical Economics, Elsevier, vol. 37(3), pages 179-214, May.
  23. Hans Gottinger, 1991. "Stochastic models for capital growth," Journal of Economics, Springer, vol. 54(3), pages 267-281, October.
  24. Koster, Roman & Fuchs, Jasper M., 2022. "Opportunity costs of growing space – an essential driver of economical single-tree harvest decisions," Forest Policy and Economics, Elsevier, vol. 135(C).
  25. Khan, M. Ali & Piazza, Adriana, 2011. "Classical turnpike theory and the economics of forestry," Journal of Economic Behavior & Organization, Elsevier, vol. 79(3), pages 194-210, August.
  26. Michael Scorgie, 1997. "Progenitors of modern management accounting concepts and mensurations in pre-industrial England," Accounting History Review, Taylor & Francis Journals, vol. 7(1), pages 31-59.
  27. Tahvonen, Olli & Rautiainen, Aapo, 2017. "Economics of forest carbon storage and the additionality principle," Resource and Energy Economics, Elsevier, vol. 50(C), pages 124-134.
  28. Laia PIÉ DOLS & Maria LLOP LLOP, 2010. "Modelling a Reduction of Greenhouse Gases Emissions in the Catalan Economy: The NAMEA Approach," EcoMod2010 259600132, EcoMod.
  29. Gjolberg, Ole & Guttormsen, Atle G., 2002. "Real options in the forest: what if prices are mean-reverting?," Forest Policy and Economics, Elsevier, vol. 4(1), pages 13-20, May.
  30. Erickson, Jon D. & Chapman, Duane & Fahey, Timothy J. & Christ, Martin J., 1997. "Nonrenewability in Forest Rotations: Implications for Economic and Ecosystem Sustainability," Working Papers 127837, Cornell University, Department of Applied Economics and Management.
  31. Alvarez, Luis H R & Koskela, Erkki, 2003. "On Forest Rotation under Interest Rate Variability," International Tax and Public Finance, Springer;International Institute of Public Finance, vol. 10(4), pages 489-503, August.
  32. Hoel, Michael & Holtsmark, Bjart & Holtsmark, Katinka, 2014. "Faustmann and the climate," Journal of Forest Economics, Elsevier, vol. 20(2), pages 192-210.
  33. Alan Randall, 2021. "Resource Scarcity and Sustainability—The Shapes Have Shifted but the Stakes Keep Rising," Sustainability, MDPI, vol. 13(10), pages 1-16, May.
  34. Fernandez-Anaya, Guillermo & Alvarez-Ramirez, Jose & Ibarra-Valdez, Carlos, 2007. "On feedback and stable price adjustment mechanisms," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 377(1), pages 211-226.
  35. Peter Park & Edward Barbier & Joanne Burgess, 1998. "The Economics of Forest Land Use in Temperate and Tropical Areas," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 11(3), pages 473-487, April.
  36. 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.
  37. Morag F. Macpherson & Adam Kleczkowski & John R. Healey & Nick Hanley, 2018. "The Effects of Disease on Optimal Forest Rotation: A Generalisable Analytical Framework," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 70(3), pages 565-588, July.
  38. Gardner Brown, 2000. "Renewable Natural Resource Management and Use Without Markets," Working Papers 0025, University of Washington, Department of Economics.
  39. Langholtz, Matthew & Carter, Douglas R. & Rockwood, Donald L. & Alavalapati, Janaki R.R. & Green, Alex, 2005. "Effect of dendroremediation incentives on the profitability of short-rotation woody cropping of Eucalyptus grandis," Forest Policy and Economics, Elsevier, vol. 7(5), pages 806-817, August.
  40. Jeffrey Prestemon, 2000. "Public Open Access and Private Timber Harvests: Theory and Application to the Effects of Trade Liberalization in Mexico," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 17(4), pages 311-334, December.
  41. 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.
  42. Brazee, Richard J., 2018. "Impacts of declining discount rates on optimal harvest age and land expectation values," Journal of Forest Economics, Elsevier, vol. 31(C), pages 27-38.
  43. Braid, Ralph M., 2001. "Spatial Growth and Redevelopment with Perfect Foresight and Durable Housing," Journal of Urban Economics, Elsevier, vol. 49(3), pages 425-452, May.
  44. Gardner M. Brown, 2000. "Renewable Natural Resource Management and Use without Markets," Journal of Economic Literature, American Economic Association, vol. 38(4), pages 875-914, December.
  45. Wildberg, Johannes & Möhring, Bernhard, 2021. "Continuous timber harvest — Costly restriction or profitable solution?," Forest Policy and Economics, Elsevier, vol. 123(C).
  46. Parkatti, Vesa-Pekka & Tahvonen, Olli, 2021. "Economics of multifunctional forestry in the Sámi people homeland region," Journal of Environmental Economics and Management, Elsevier, vol. 110(C).
  47. Hean, Robyn L. & Cacho, Oscar J., 1999. "Optimal Management Of Giant-Clam Farming In Solomon Islands," Working Papers 12935, University of New England, School of Economics.
  48. 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.
  49. Gunalay, Y. & Kula, E., 2012. "Optimum cutting age for timber resources with carbon sequestration," Resources Policy, Elsevier, vol. 37(1), pages 90-92.
  50. Gong, Peichen & Löfgren, Karl-Gustaf, 2016. "Could the Faustmann model have an interior minimum solution?," Journal of Forest Economics, Elsevier, vol. 24(C), pages 123-129.
  51. 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.
  52. Mason Gaffney, 2008. "Keeping Land in Capital Theory: Ricardo, Faustmann, Wicksell, and George," American Journal of Economics and Sociology, Wiley Blackwell, vol. 67(1), pages 119-141, January.
  53. Hean, Robyn L. & Cacho, Oscar J., 2002. "Farming Giant Clams for the Aquarium and Seafood Markets: A Bioeconomic Analysis," 2002 Conference (46th), February 13-15, 2002, Canberra, Australia 125108, Australian Agricultural and Resource Economics Society.
  54. Jarisch, Isabelle & Bödeker, Kai & Bingham, Logan Robert & Friedrich, Stefan & Kindu, Mengistie & Knoke, Thomas, 2022. "The influence of discounting ecosystem services in robust multi-objective optimization – An application to a forestry-avocado land-use portfolio," Forest Policy and Economics, Elsevier, vol. 141(C).
  55. Zhou, Wei & Gao, Lan, 2016. "The impact of carbon trade on the management of short-rotation forest plantations," Forest Policy and Economics, Elsevier, vol. 62(C), pages 30-35.
  56. Sahashi, Yoshinao, 2002. "Optimal forestry control with variable forest area," Journal of Economic Dynamics and Control, Elsevier, vol. 26(5), pages 755-796, May.
  57. Tahvonen, Olli & Suominen, Antti & Malo, Pekka & Viitasaari, Lauri & Parkatti, Vesa-Pekka, 2022. "Optimizing high-dimensional stochastic forestry via reinforcement learning," Journal of Economic Dynamics and Control, Elsevier, vol. 145(C).
  58. 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.
  59. Stephen Marks, 2002. "Ntt Sandalwood: Roots Of Disaster," Bulletin of Indonesian Economic Studies, Taylor & Francis Journals, vol. 38(2), pages 223-240.
  60. Willassen, Yngve, 1998. "The stochastic rotation problem: A generalization of Faustmann's formula to stochastic forest growth," Journal of Economic Dynamics and Control, Elsevier, vol. 22(4), pages 573-596, April.
  61. Wu, Tong & Lawell, C.Y. Cynthia Lin & Just, David R. & Zhao, Jiancheng & Fei, Zhangjun & Wei, Qiang, 2022. "Optimal Forest Management for Interdependent Products: A Nested Dynamic Bioeconomic Model and Application to Bamboo," 2022 Annual Meeting, July 31-August 2, Anaheim, California 322164, Agricultural and Applied Economics Association.
  62. Janne Rämö & Olli Tahvonen, 2017. "Optimizing the Harvest Timing in Continuous Cover Forestry," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 67(4), pages 853-868, August.
  63. 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-00442716, HAL.
  64. Even Bjørnstad & Anders Skonhoft, 2002. "Wood Fuel or Carbon Sink? Aspects of Forestry in the Climate Question," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 23(4), pages 447-465, December.
  65. Adriana Piazza, 2009. "The optimal harvesting problem with a land market: a characterization of the asymptotic convergence," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 40(1), pages 113-138, July.
  66. Cerdá, Emilio & Martín-Barroso, David, 2013. "Optimal control for forest management and conservation analysis in dehesa ecosystems," European Journal of Operational Research, Elsevier, vol. 227(3), pages 515-526.
  67. 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.
  68. Mette Termansen, 2007. "Economies of scale and the optimality of rotational dynamics in forestry," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 37(4), pages 643-659, August.
  69. 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.
  70. Macpherson, Morag F. & Kleczkowski, Adam & Healey, John R. & Hanley, Nick, 2017. "Payment for multiple forest benefits alters the effect of tree disease on optimal forest rotation length," Ecological Economics, Elsevier, vol. 134(C), pages 82-94.
  71. Jones, Philip C. & Ohlmann, Jeffrey W., 2008. "Long-range timber supply planning for a vertically integrated paper mill," European Journal of Operational Research, Elsevier, vol. 191(2), pages 558-571, December.
  72. Jack Hirshleifer, 1985. "Investment Decision Criteria," UCLA Economics Working Papers 365, UCLA Department of Economics.
  73. Aino Assmuth & Janne Rämö & Olli Tahvonen, 2021. "Optimal Carbon Storage in Mixed-Species Size-Structured Forests," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 79(2), pages 249-275, June.
  74. David Ellerman, 2015. "On the Renting of Persons: The Neo-Abolitionist Case Against Today's Peculiar Institution," Economic Thought, World Economics Association, vol. 4(1), pages 1-20, March.
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