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The forestry maximum principle

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  • Heaps, Terry

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  • Heaps, Terry, 1984. "The forestry maximum principle," Journal of Economic Dynamics and Control, Elsevier, vol. 7(2), pages 131-151, May.
  • Handle: RePEc:eee:dyncon:v:7:y:1984:i:2:p:131-151
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    Citations

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    Cited by:

    1. Callaway, J.M., 2000. "Assessing the Costs and Market Impacts of Carbon Sequestration, Climate Change and Acid Rain," Other publications TiSEM c58adec9-1535-46cf-b213-b, Tilburg University, School of Economics and Management.
    2. 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.
    3. 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.
    4. Olfa Khazri & Pierre Lasserre, 2008. "Forest Management: are Double or Mixed Rotations Desirable?," CIRANO Working Papers 2008s-19, CIRANO.
    5. 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.
    6. Sahashi, Yoshinao, 2002. "The convergence of optimal forestry control," Journal of Mathematical Economics, Elsevier, vol. 37(3), pages 179-214, May.
    7. Salo, Seppo & Tahvonen, Olli, 2002. "On Equilibrium Cycles and Normal Forests in Optimal Harvesting of Tree Vintages," Journal of Environmental Economics and Management, Elsevier, vol. 44(1), pages 1-22, July.
    8. John Livernois & Henry Thille & Xianqiang Zhang, 2006. "A test of the Hotelling rule using old-growth timber data," Canadian Journal of Economics, Canadian Economics Association, vol. 39(1), pages 163-186, February.
    9. Terry Heaps, 2014. "Convergence of Optimal Harvesting Policies to a Normal Forest," Discussion Papers dp14-01, Department of Economics, Simon Fraser University.
    10. Zhang, Daowei, 2001. "Faustmann in an uncertain policy environment," Forest Policy and Economics, Elsevier, vol. 2(2), pages 203-210, June.
    11. Gardner Brown, 2000. "Renewable Natural Resource Management and Use Without Markets," Working Papers 0025, University of Washington, Department of Economics.
    12. Heaps, Terry, 2015. "Convergence of optimal harvesting policies to a normal forest," Journal of Economic Dynamics and Control, Elsevier, vol. 54(C), pages 74-85.
    13. Khazri, Olfa & Lasserre, Pierre, 2011. "Forest management: Are double or mixed rotations preferable to clear cutting?," Resource and Energy Economics, Elsevier, vol. 33(1), pages 155-171, January.
    14. 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.
    15. Sahashi, Yoshinao, 2002. "Optimal forestry control with variable forest area," Journal of Economic Dynamics and Control, Elsevier, vol. 26(5), pages 755-796, May.
    16. Jette Bredahl Jacobsen & Frank Jensen & Bo Jellesmark Thorsen, 2015. "Forest value and optimal rotations in continuous cover forestry," IFRO Working Paper 2015/08, University of Copenhagen, Department of Food and Resource Economics.
    17. M.J. Penttinen, 2000. "Timber Harvesting with Variable Prices and Costs," Working Papers ir00045, International Institute for Applied Systems Analysis.
    18. Newman, D.H., 2002. "Forestry's golden rule and the development of the optimal forest rotation literature," Journal of Forest Economics, Elsevier, vol. 8(1), pages 5-27.
    19. B. White & P. J. Dawson, 1991. "A Dynamic Programming Model Of Early Potato Harvesting," Journal of Agricultural Economics, Wiley Blackwell, vol. 42(3), pages 325-339.
    20. Salo, Seppo & Tahvonen, Olli, 2003. "On the economics of forest vintages," Journal of Economic Dynamics and Control, Elsevier, vol. 27(8), pages 1411-1435, June.

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