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Forestry's golden rule and the development of the optimal forest rotation literature

Citations

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Cited by:

  1. Staupendahl, Kai & Möhring, Bernhard, 2011. "Integrating natural risks into silvicultural decision models: A survival function approach," Forest Policy and Economics, Elsevier, vol. 13(6), pages 496-502, July.
  2. Sauter, Philipp A. & Mußhoff, Oliver & Möhring, Bernhard & Wilhelm, Stefan, 2016. "Faustmann vs. real options theory – An experimental investigation of foresters’ harvesting decisions," Journal of Forest Economics, Elsevier, vol. 24(C), pages 1-20.
  3. Kurt L. Helmes & Richard H. Stockbridge, 2010. "Thinning and harvesting in stochastic forest models," Post-Print hal-00753039, HAL.
  4. Miguel A. Lejeune & Janne Kettunen, 2017. "Managing Reliability and Stability Risks in Forest Harvesting," Manufacturing & Service Operations Management, INFORMS, vol. 19(4), pages 620-638, October.
  5. Rosa, Renato & Soares, Paula & Tomé, Margarida, 2018. "Evaluating the Economic Potential of Uneven-aged Maritime Pine Forests," Ecological Economics, Elsevier, vol. 143(C), pages 210-217.
  6. Williams, Byron K., 2009. "Markov decision processes in natural resources management: Observability and uncertainty," Ecological Modelling, Elsevier, vol. 220(6), pages 830-840.
  7. Creamer, Selmin F. & Genz, Alan & Blatner, Keith A., 2012. "The Effect of Fire Risk on the Critical Harvesting Times for Pacific Northwest Douglas-Fir When Carbon Price Is Stochastic," Agricultural and Resource Economics Review, Northeastern Agricultural and Resource Economics Association, vol. 41(3), pages 1-14, December.
  8. Price, Colin & Sjølie, Hanne Kathrine & Caurla, Sylvain & Yousefpour, Rasoul & Meilby, Henrik, 2020. "Optimal rotations with declining discount rate: incorporating thinning revenues and crop formation costs in a cross-European comparison," Forest Policy and Economics, Elsevier, vol. 118(C).
  9. Lien, G. & Stordal, S. & Hardaker, J.B. & Asheim, L.J., 2007. "Risk aversion and optimal forest replanting: A stochastic efficiency study," European Journal of Operational Research, Elsevier, vol. 181(3), pages 1584-1592, September.
  10. Helmes, Kurt L. & Stockbridge, Richard H., 2011. "Thinning and harvesting in stochastic forest models," Journal of Economic Dynamics and Control, Elsevier, vol. 35(1), pages 25-39, January.
  11. Chang, Sun Joseph, 2020. "Twenty one years after the publication of the generalized Faustmann formula," Forest Policy and Economics, Elsevier, vol. 118(C).
  12. Dragicevic, Arnaud & Lobianco, Antonello & Leblois, Antoine, 2016. "Forest planning and productivity-risk trade-off through the Markowitz mean-variance model," Forest Policy and Economics, Elsevier, vol. 64(C), pages 25-34.
  13. McIntosh, Michael G. & Zhang, Daowei, 2024. "Faustmann formula and its use in forest asset valuation: A review and a suggestion," Forest Policy and Economics, Elsevier, vol. 160(C).
  14. Meilby, Henrik & Brazee, Richard J., 12. "Sustainibility and Long-term Dynamics of Forests: Methods and Metrics for Detection of Convergence and Stationarity," Scandinavian Forest Economics: Proceedings of the Biennial Meeting of the Scandinavian Society of Forest Economics, Scandinavian Society of Forest Economics, issue 40, May.
  15. Chen, Susan Sou-I, 2010. "Hedonic Valuation of Timber Stands in the Great Lakes Northern Forests," Graduate Research Master's Degree Plan B Papers 98072, Michigan State University, Department of Agricultural, Food, and Resource Economics.
  16. Pedro Cosme da Costa Vieira, 2008. "Integrating fire risk into the management of forests," FEP Working Papers 290, Universidade do Porto, Faculdade de Economia do Porto.
  17. Harou, Patrice A. & Zheng, Chinlong & Zhang, Daowei, 2013. "The Alternative Test in forestry," Forest Policy and Economics, Elsevier, vol. 34(C), pages 41-46.
  18. Gregory, S. Amacher & Christine Conway, M. & Sullivan, Jay & Gregory, S. Amacher, 2003. "Econometric analyses of nonindustrial forest landowners: Is there anything left to study?," Journal of Forest Economics, Elsevier, vol. 9(2), pages 137-164.
  19. Morag F. Macpherson & Adam Kleczkowski & John R. Healey & Nick Hanley, 2018. "The Effects of Disease on Optimal Forest Rotation: A Generalisable Analytical Framework," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 70(3), pages 565-588, July.
  20. Wang, Zanxin & Calderon, Margaret M. & Carandang, Myrna G., 2006. "Effects of resin tapping on optimal rotation age of pine plantation," Journal of Forest Economics, Elsevier, vol. 11(4), pages 245-260, January.
  21. Restrepo, Héctor I. & Orrego, Sergio A., 2015. "A comprehensive analysis of teak plantation investment in Colombia," Forest Policy and Economics, Elsevier, vol. 57(C), pages 31-37.
  22. Morag F. Macpherson & Adam Kleczkowski & John Healey & Nick Hanley, 2015. "When to harvest? The effect of disease on optimal forest rotation," Discussion Papers in Environment and Development Economics 2015-19, University of St. Andrews, School of Geography and Sustainable Development.
  23. Amacher, Gregory S. & Brazee, Richard J. & Deegen, Peter, 2011. "Faustmann continues to yield," Journal of Forest Economics, Elsevier, vol. 17(3), pages 231-234, August.
  24. 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.
  25. 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.
  26. Shackleton, Mark B. & Sødal, Sigbjørn, 2010. "Harvesting and recovery decisions under uncertainty," Journal of Economic Dynamics and Control, Elsevier, vol. 34(12), pages 2533-2546, December.
  27. Guo, Christopher & Costello, Christopher, 2013. "The value of adaption: Climate change and timberland management," Journal of Environmental Economics and Management, Elsevier, vol. 65(3), pages 452-468.
  28. Foppert, John D., 2024. "The discount rate differential required for harvesting-by-dice-rolling to outperform optimal rotation planning," Forest Policy and Economics, Elsevier, vol. 160(C).
  29. Chladna, Zuzana, 2007. "Determination of optimal rotation period under stochastic wood and carbon prices," Forest Policy and Economics, Elsevier, vol. 9(8), pages 1031-1045, May.
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