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Discount rate and harvest policy: implications for Baltic forestry


  • Brukas, Vilis
  • Jellesmark Thorsen, Bo
  • Helles, Finn
  • Tarp, Peter


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  • Brukas, Vilis & Jellesmark Thorsen, Bo & Helles, Finn & Tarp, Peter, 2001. "Discount rate and harvest policy: implications for Baltic forestry," Forest Policy and Economics, Elsevier, vol. 2(2), pages 143-156, June.
  • Handle: RePEc:eee:forpol:v:2:y:2001:i:2:p:143-156

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    References listed on IDEAS

    1. Samuelson, Paul A, 1976. "Economics of Forestry in an Evolving Society," Economic Inquiry, Western Economic Association International, vol. 14(4), pages 466-492, December.
    2. 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.
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    Cited by:

    1. AlekneviÄ ienÄ—, Vilija & StonÄ iuvienÄ—, Neringa & ZinkeviÄ ienÄ—, DanutÄ—, 2013. "Determination of the fair value of a multifunctional family farm: a case study," Studies in Agricultural Economics, Research Institute for Agricultural Economics, vol. 115(3), December.
    2. 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.
    3. repec:eee:forpol:v:83:y:2017:i:c:p:58-69 is not listed on IDEAS
    4. Sandulescu, Emil & Wagner, John E. & Pailler, Sharon & Floyd, Donald W. & Davis, Craig J., 2007. "Policy analysis of a government-sanctioned management plan for a community-owned forest in Romania," Forest Policy and Economics, Elsevier, vol. 10(1-2), pages 14-24, December.
    5. Schou, Erik & Thorsen, Bo Jellesmark & Jacobsen, Jette Bredahl, 2015. "Regeneration decisions in forestry under climate change related uncertainties and risks: Effects of three different aspects of uncertainty," Forest Policy and Economics, Elsevier, vol. 50(C), pages 11-19.
    6. 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.
    7. Vedel, Suzanne Elizabeth & Jacobsen, Jette Bredahl & Thorsen, Bo Jellesmark, 2015. "Forest owners' willingness to accept contracts for ecosystem service provision is sensitive to additionality," Ecological Economics, Elsevier, vol. 113(C), pages 15-24.
    8. Nijnik, Maria, 2004. "To an economist's perception on sustainability in forestry-in-transition," Forest Policy and Economics, Elsevier, vol. 6(3-4), pages 403-413, June.

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