IDEAS home Printed from https://ideas.repec.org/a/eee/forpol/v20y2012icp89-98.html
   My bibliography  Save this article

An economic evaluation of strategies for transforming even-aged into near-natural forestry in a conifer-dominated forest in Denmark

Author

Listed:
  • Schou, Erik
  • Jacobsen, Jette Bredahl
  • Kristensen, Kristian Løkke

Abstract

Schemes for transformation of even-aged monoculture forest management regimes into near-natural regimes are currently applied throughout the Atlantic region of Europe. This is mainly due to poor ecological stability, low economic performance, and decrease in biodiversity in existing forests. In this study, we analysed the simultaneous transformation of adjacent even-aged stands (a forest division) into mixed conifer/broadleaved stands. The case area is found in a conifer-dominated Danish forest and consists primarily of Norway spruce, European beech, Douglas fir and Sitka spruce. An economic evaluation of several transformation strategies was carried out by simulation. An area based combined Markov chain and Dynamic yield table model was used. Analyses were conducted under risk of wind throw.

Suggested Citation

  • Schou, Erik & Jacobsen, Jette Bredahl & Kristensen, Kristian Løkke, 2012. "An economic evaluation of strategies for transforming even-aged into near-natural forestry in a conifer-dominated forest in Denmark," Forest Policy and Economics, Elsevier, vol. 20(C), pages 89-98.
  • Handle: RePEc:eee:forpol:v:20:y:2012:i:c:p:89-98
    DOI: 10.1016/j.forpol.2012.02.010
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S1389934112000445
    Download Restriction: Full text for ScienceDirect subscribers only

    File URL: https://libkey.io/10.1016/j.forpol.2012.02.010?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Ching-Rong Lin & Joseph Buongiorno, 1998. "Tree Diversity, Landscape Diversity, and Economics of Maple-Birch Forests: Implications of Markovian Models," Management Science, INFORMS, vol. 44(10), pages 1351-1366, October.
    2. Knoke, Thomas & Moog, Martin & Plusczyk, Niels, 2001. "On the effect of volatile stumpage prices on the economic attractiveness of a silvicultural transformation strategy," Forest Policy and Economics, Elsevier, vol. 2(3-4), pages 229-240, July.
    3. Knoke, Thomas & Seifert, Thomas, 2008. "Integrating selected ecological effects of mixed European beech–Norway spruce stands in bioeconomic modelling," Ecological Modelling, Elsevier, vol. 210(4), pages 487-498.
    4. Hartman, Richard, 1976. "The Harvesting Decision When a Standing Forest Has Value," Economic Inquiry, Western Economic Association International, vol. 14(1), pages 52-58, March.
    5. Zell, Jurgen & Hanewinkel, Marc & Seeling, Ute, 2004. "Financial optimisation of target diameter harvest of European beech (Fagus sylvatica) considering the risk of decrease of timber quality due to red heartwood," Forest Policy and Economics, Elsevier, vol. 6(6), pages 579-593, October.
    6. Reed, William J., 1984. "The effects of the risk of fire on the optimal rotation of a forest," Journal of Environmental Economics and Management, Elsevier, vol. 11(2), pages 180-190, June.
    7. Jacobsen, Jette Bredahl & Helles, Finn, 2006. "Adaptive and nonadaptive harvesting in uneven-aged beech forest with stochastic prices," Forest Policy and Economics, Elsevier, vol. 8(3), pages 223-238, April.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. M. Brunette & M. Hanewinkel & R. Yousefpour, 2020. "Risk aversion hinders forestry professionals to adapt to climate change," Climatic Change, Springer, vol. 162(4), pages 2157-2180, October.
    2. Julie Thomas & Marielle Brunette & Antoine Leblois, 2021. "Adapting forest management practices to climate change : Lessons from a survey of French private forest owners," Working Papers hal-03142772, HAL.
    3. Montagné-Huck, Claire & Brunette, Marielle, 2018. "Economic analysis of natural forest disturbances: A century of research," Journal of Forest Economics, Elsevier, vol. 32(C), pages 42-71.
    4. Marielle Brunette & Arnaud Dragicevic & Jonathan Lenglet & Alexandra Niedzwiedz & Vincent Badeau & Jean-Luc Dupouey, 2017. "Biotechnical portfolio management of mixed-species forests," Journal of Bioeconomics, Springer, vol. 19(2), pages 223-245, July.
    5. Knoke, Thomas & Kindu, Mengistie & Jarisch, Isabelle & Gosling, Elizabeth & Friedrich, Stefan & Bödeker, Kai & Paul, Carola, 2020. "How considering multiple criteria, uncertainty scenarios and biological interactions may influence the optimal silvicultural strategy for a mixed forest," Forest Policy and Economics, Elsevier, vol. 118(C).
    6. Strimbu, Bogdan M. & Paun, Mihaela & Montes, Cristian & Popescu, Sorin C., 2018. "A scalar measure tracing tree species composition in space or time," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 512(C), pages 682-692.
    7. Marielle Brunette & Robin Bourke & Marc Hanewinkel & Rasoul Yousefpour, 2018. "Adaptation to climate change in forestry: a multiple correspondence analysis (MCA)," Post-Print hal-02620990, HAL.
    8. Jette Bredahl Jacobsen & Frank Jensen & Bo Jellesmark Thorsen, 2018. "Forest Value and Optimal Rotations in Continuous Cover Forestry," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 69(4), pages 713-732, April.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Mats, Andersson & Gong, Peichen, 6. "Risk Preferences, Risk Perceptions and Timber Harvest Decisions – An Empirical Study of NIPF Owners in Northern Sweden," Scandinavian Forest Economics: Proceedings of the Biennial Meeting of the Scandinavian Society of Forest Economics, Scandinavian Society of Forest Economics, issue 42, April.
    2. Roessiger, Joerg & Griess, Verena C. & Härtl, Fabian & Clasen, Christian & Knoke, Thomas, 2013. "How economic performance of a stand increases due to decreased failure risk associated with the admixing of species," Ecological Modelling, Elsevier, vol. 255(C), pages 58-69.
    3. Andersson, Mats & Gong, Peichen, 2010. "Risk preferences, risk perceptions and timber harvest decisions -- An empirical study of nonindustrial private forest owners in northern Sweden," Forest Policy and Economics, Elsevier, vol. 12(5), pages 330-339, June.
    4. Couture, Stéphane & Reynaud, Arnaud, 2011. "Forest management under fire risk when forest carbon sequestration has value," Ecological Economics, Elsevier, vol. 70(11), pages 2002-2011, September.
    5. Rakotoarison, Hanitra & Loisel, Patrice, 2016. "The Faustmann model under storm risk and price uncertainty: A case study of European beech in Northwestern France," MPRA Paper 85114, University Library of Munich, Germany.
    6. Roosen, Jutta & Hennessy, David A., 2001. "An Equilibrium Analysis Of Antibiotics Use And Replanting Decisions In Apple Production," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 26(2), pages 1-15, December.
    7. Warziniack, Travis & Sims, Charles & Haas, Jessica, 2019. "Fire and the joint production of ecosystem services: A spatial-dynamic optimization approach," Forest Policy and Economics, Elsevier, vol. 107(C), pages 1-1.
    8. Xu, Ying & Amacher, Gregory S. & Sullivan, Jay, 2016. "Optimal forest management with sequential disturbances," Journal of Forest Economics, Elsevier, vol. 24(C), pages 106-122.
    9. Brunette, Marielle & Couture, Stéphane & Langlais, Eric, 2007. "Hedging Strategies in Forest Management," MPRA Paper 5228, University Library of Munich, Germany.
    10. Roosen, Jutta, 1999. "Economic analysis of pesticide regulation in the U.S. apple industry," ISU General Staff Papers 1999010108000013606, Iowa State University, Department of Economics.
    11. Kant, Shashi, 2003. "Extending the boundaries of forest economics," Forest Policy and Economics, Elsevier, vol. 5(1), pages 39-56, January.
    12. Amacher, Gregory S. & Malik, Arun S. & Haight, Robert G., 2005. "Nonindustrial private landowners, fires, and the wildland-urban interface," Forest Policy and Economics, Elsevier, vol. 7(5), pages 796-805, August.
    13. Gregory S. Amacher & Arun S. Malik & Robert G. Haight, 2005. "Not Getting Burned: The Importance of Fire Prevention in Forest Management," Land Economics, University of Wisconsin Press, vol. 81(2).
    14. Patrice Loisel & Marielle Brunette & Stéphane Couture, 2020. "Insurance and Forest Rotation Decisions Under Storm Risk," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 76(2), pages 347-367, July.
    15. Stéphane S. Couture & Marie-Josée Cros & Régis Sabbadin, 2014. "Risk preferences and optimal management of uneven-aged forests in the presence of climate change: a Markov decision process approach," Post-Print hal-02741407, HAL.
    16. Loisel, Patrice, 2020. "Under the risk of destructive event, are there differences between timber income based and carbon sequestration based silviculture?," Forest Policy and Economics, Elsevier, vol. 120(C).
    17. 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.
    18. Yu, Zhihan & Ning, Zhuo & Chang, Wei-Yew & Chang, Sun Joseph & Yang, Hongqiang, 2023. "Optimal harvest decisions for the management of carbon sequestration forests under price uncertainty and risk preferences," Forest Policy and Economics, Elsevier, vol. 151(C).
    19. Hennessy, David A. & Roosen, Jutta, 1999. "An Equilibrium Analysis Of The Impact Of Antibiotics Bans On Investment In Apple Orchards," 1999 Annual meeting, August 8-11, Nashville, TN 21698, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    20. Alvarez, Luis H.R. & Koskela, Erkki, 2007. "Taxation and rotation age under stochastic forest stand value," Journal of Environmental Economics and Management, Elsevier, vol. 54(1), pages 113-127, July.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:forpol:v:20:y:2012:i:c:p:89-98. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/locate/forpol .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.