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Optimal Management Of A Forest/Wildlife System With Bilateral Externalities

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  • Ready, Richard C.
  • Bergland, Olvar
  • Romstad, Eirik

Abstract

Browsing by large ungulate wildlife species damages valuable trees, but increases the productivity of the wildlife stock. The optimal management of trees and wildlife involves a tradeoff between these two impacts, as well as correct timing of tree harvests from each forest stand. For a model of moose and pine in Norway, it is found that harvest of adjacent forest stands should be adjusted over time to bring the stands into synch. Doing so maximizes the moose productivity boost that occurs immediately following harvest of mature trees, and protects the young trees from overbrowsing by spreading out the browsing pressure among more young trees. This result is, however, sensitive to the specification of the relationship between forage availability and moose productivity.

Suggested Citation

  • Ready, Richard C. & Bergland, Olvar & Romstad, Eirik, 2001. "Optimal Management Of A Forest/Wildlife System With Bilateral Externalities," 2001 Annual meeting, August 5-8, Chicago, IL 20561, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
  • Handle: RePEc:ags:aaea01:20561
    DOI: 10.22004/ag.econ.20561
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    References listed on IDEAS

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    1. Stephen K. Swallow & Piyali Talukdar & David N. Wear, 1997. "Spatial and Temporal Specialization in Forest Ecosystem Management Under Sole Ownership," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 79(2), pages 311-326.
    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.
    3. Swallow Stephen K. & Wear David N., 1993. "Spatial Interactions in Multiple-Use Forestry and Substitution and Wealth Effects for the Single Stand," Journal of Environmental Economics and Management, Elsevier, vol. 25(2), pages 103-120, September.
    4. Swallow, Stephen K. & Parks, Peter J. & Wear, David N., 1990. "Policy-relevant nonconvexities in the production of multiple forest benefits," Journal of Environmental Economics and Management, Elsevier, vol. 19(3), pages 264-280, November.
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