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A Bioeconomic Approach to Sustainable Forest Management in the Colombian Amazon

Author

Listed:
  • Castellanos, Yuli

    (University of Los Andes)

  • Renau, Jorge Marco

    (University of Los Andes)

Abstract

Sustainable Forest Management (SFM) is based on a rational planning process for forest supply and norms and regulations for the protection and sustainability of natural forests. In Colombia, SFM has been identified as a strategy to avoid deforestation and to favor the economy of households living in forests. However, timber harvesting of natural forests is currently carried out as a subsistence activity, generating low income and negative impacts on ecosystems. This study develops a discrete time bioeconomic model for SFM, with an objective function that is based on the economic impact on timber extraction yields of three commercial species, Achapo (Cedrelinga cateniformis), Cabuyo (Eschweilera coriacea) and Dormidero negro (Parkia discolor), located in the Guaviare region (Colombian Amazon). Our results show that the maximum benefits from sustainable forest harvesting of the three species are achieved in a 25 year span, with net benefits per hectare of USD 498.3, for a planning horizon of 50 years. Sustainable forest harvesting was found to be robust with respect to a number of assumptions in the model. These results provide a scientific basis for harvesting authorizations and permits. Policy implications are discussed.

Suggested Citation

  • Castellanos, Yuli & Renau, Jorge Marco, 2023. "A Bioeconomic Approach to Sustainable Forest Management in the Colombian Amazon," EfD Discussion Paper 23-13, Environment for Development, University of Gothenburg.
    • Handle: RePEc:hhs:gunefd:2023_013
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    References listed on IDEAS

    as
    1. Simeon K. Ehui & Thomas W. Hertel, 1989. "Deforestation and Agricultural Productivity in the Côte d'Ivoire," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 71(3), pages 703-711.
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    3. Matta, Jagannadha & Alavalapati, Janaki & Tanner, George, 2007. "A framework for developing marked-based policies to further biodiversity on non-industrial private forests (NIPF)," Forest Policy and Economics, Elsevier, vol. 9(7), pages 779-788, April.
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    5. Edward Barbier & Michael Rauscher, 1994. "Trade, tropical deforestation and policy interventions," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 4(1), pages 75-90, February.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Bioeconomy; Ecosystem services; Forest policy; Optimal control; Social welfare; Tropical forest conservation;
    All these keywords.

    JEL classification:

    • L73 - Industrial Organization - - Industry Studies: Primary Products and Construction - - - Forest Products
    • O13 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Agriculture; Natural Resources; Environment; Other Primary Products
    • Q23 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Forestry
    • Q57 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Ecological Economics
    • R14 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Land Use Patterns

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