Remunerating nature conservation in central European forests: scope and limits of the Faustmann-Hartman approach
Author
Abstract
Suggested Citation
Download full text from publisher
As the access to this document is restricted, you may want to search for a different version of it.
References listed on IDEAS
- Snyder, Donald L. & Bhattacharyya, Rabindra N., 1990. "A more general dynamic economic model of the optimal rotation of multiple-use forests," Journal of Environmental Economics and Management, Elsevier, vol. 18(2), pages 168-175, March.
- Bowes, Michael D. & Krutilla, John V., 1985. "Multiple use management of public forestlands," Handbook of Natural Resource and Energy Economics, in: A. V. Kneese† & J. L. Sweeney (ed.), Handbook of Natural Resource and Energy Economics, edition 1, volume 2, chapter 12, pages 531-569, Elsevier.
- 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.
- Provencher Bill, 1995. "Structural Estimation of the Stochastic Dynamic Decision Problems of Resource Users: An Application to the Timber Harvest Decision," Journal of Environmental Economics and Management, Elsevier, vol. 29(3), pages 321-338, November.
- G. Cornelis van Kooten & Clark S. Binkley & Gregg Delcourt, 1995. "Effect of Carbon Taxes and Subsidies on Optimal Forest Rotation Age and Supply of Carbon Services," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 77(2), pages 365-374.
- Kristin M. Jakobsson & Andrew K. Dragun, 1996. "Contingent Valuation and Endangered Species," Books, Edward Elgar Publishing, number 1120.
- Reed, William J., 1993. "The decision to conserve or harvest old-growth forest," Ecological Economics, Elsevier, vol. 8(1), pages 45-69, August.
- Thomas A. Thomson, 1992. "Optimal Forest Rotation When Stumpage Prices Follow a Diffusion Process," Land Economics, University of Wisconsin Press, vol. 68(3), pages 329-342.
- Samuelson, Paul A, 1976.
"Economics of Forestry in an Evolving Society,"
Economic Inquiry, Western Economic Association International, vol. 14(4), pages 466-492, December.
- Paul A. Samuelson, 1971. "Economics of Forestry in an Evolving Society," Palgrave Macmillan Books, in: Chennat Gopalakrishnan (ed.), Classic Papers in Natural Resource Economics, chapter 14, pages 304-333, Palgrave Macmillan.
- Jeroen C.J.M. van den Bergh (ed.), 1999. "Handbook of Environmental and Resource Economics," Books, Edward Elgar Publishing, number 801.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- Knoke, Thomas & Moog, Martin, 2005. "Timber harvesting versus forest reserves--producer prices for open-use areas in German beech forests (Fagus sylvatica L.)," Ecological Economics, Elsevier, vol. 52(1), pages 97-110, January.
- Doring, Ralf & Egelkraut, Thorsten M., 2008. "Investing in natural capital as management strategy in fisheries: The case of the Baltic Sea cod fishery," Ecological Economics, Elsevier, vol. 64(3), pages 634-642, January.
- Juutinen, Artti, 2008. "Old-growth boreal forests: Worth protecting for biodiversity?," Journal of Forest Economics, Elsevier, vol. 14(4), pages 242-267, November.
- 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.
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.- 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.
- 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.
- Stéphane Couture & Arnaud Reynaud, 2009. "Forest Management Under Fire Risk When Forest Carbon Sequestration Has Value," LERNA Working Papers 09.09.285, LERNA, University of Toulouse.
- Couture, Stéphane & Reynaud, Arnaud, 2009. "Forest Management under Fire Risk when Forest Carbon Sequestration Has Value," TSE Working Papers 09-005, Toulouse School of Economics (TSE).
- 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.
- Morag F. Macpherson & Adam Kleczkowski & John R. Healey & Nick Hanley, 2016. "Payment for Multiple Forest Benefits Alters the Effect of Tree Disease on Optimal Forest Rotation Length," Discussion Papers in Environment and Development Economics 2016-05, University of St. Andrews, School of Geography and Sustainable Development.
- Alvarez, Luis H. R. & Koskela, Erkki, 2005.
"Wicksellian theory of forest rotation under interest rate variability,"
Journal of Economic Dynamics and Control, Elsevier, vol. 29(3), pages 529-545, March.
- Luis H. R. Alvarez & Erkki Koskela, 2001. "Wicksellian Theory of Forest Rotation under Interest Rate Variability," CESifo Working Paper Series 606, CESifo.
- Gong, Peichen & Boman, Mattias & Mattsson, Leif, 2005. "Non-timber benefits, price uncertainty and optimal harvest of an even-aged stand," Forest Policy and Economics, Elsevier, vol. 7(3), pages 283-295, March.
- Luis H. R. Alvarez & Erkki Koskela, 2003. "A General Approach to the Stochastic Rotation Problem with Amenity Valuation," CESifo Working Paper Series 857, CESifo.
- Asante, Patrick & Armstrong, Glen W. & Adamowicz, Wiktor L., 2011. "Carbon sequestration and the optimal forest harvest decision: A dynamic programming approach considering biomass and dead organic matter," Journal of Forest Economics, Elsevier, vol. 17(1), pages 3-17, January.
- Tahvonen, Olli & Salo, Seppo, 1999. "Optimal Forest Rotation within SituPreferences," Journal of Environmental Economics and Management, Elsevier, vol. 37(1), pages 106-128, January.
- Hoel, Michael & Holtsmark, Bjart & Holtsmark, Katinka, 2014.
"Faustmann and the climate,"
Journal of Forest Economics, Elsevier, vol. 20(2), pages 192-210.
- Michael Hoel & Bjart Holtsmark & Katinka Holtsmark, 2012. "Faustmann and the Climate," Discussion Papers 701, Statistics Norway, Research Department.
- Hoel, Michael & Holtsmark, Bjart & Holtsmark, Katinka, 2012. "Faustmann and the Climate," Memorandum 26/2012, Oslo University, Department of Economics.
- Michael Hoel & Bjart Holtsmark & Katinka Holtsmark, 2012. "Faustmann and the Climate," CESifo Working Paper Series 3951, CESifo.
- Yoshimoto, Atsushi & Shoji, Isao, 1998. "Searching for an optimal rotation age for forest stand management under stochastic log prices," European Journal of Operational Research, Elsevier, vol. 105(1), pages 100-112, February.
- Nghiem Thi Hong Nhung, 2016. "Optimal Forest Management for Carbon Sequestration: A Case Study of Eucalyptus urophylla and Acacia mangium in Yen Bai Province, Vietnam," EEPSEA Research Report rr2016046, Economy and Environment Program for Southeast Asia (EEPSEA), revised Apr 2016.
- Anne Sophie Crépin, 2003. "Management Challenges for Multiple-Species Boreal Forests," Working Papers 2003.106, Fondazione Eni Enrico Mattei.
- Sahashi, Yoshinao, 2002. "The convergence of optimal forestry control," Journal of Mathematical Economics, Elsevier, vol. 37(3), pages 179-214, May.
- Tee, James & Scarpa, Riccardo & Marsh, Dan & Guthrie, Graeme, 2012.
"Valuation of Carbon Forestry and the New Zealand Emissions Trading Scheme: A Real Options Approach Using the Binomial Tree Method,"
2012 Conference, August 18-24, 2012, Foz do Iguacu, Brazil
131066, International Association of Agricultural Economists.
- Tee, James & Scarpa, Riccardo & Marsh, Dan & Guthrie, Graeme, 2012. "Valuation of Carbon Forestry and the New Zealand Emissions Trading Scheme: A Real Options Approach Using the Binomial Tree Method," 2012 Conference, August 18-24, 2012, Foz do Iguacu, Brazil 123665, International Association of Agricultural Economists.
- Ning, Zhuo & Hou, Yuke & Xu, Xia, 2024. "Optimized strategies for nitrogen fertilizer application in Populus plantations in the context of climate change mitigation," Forest Policy and Economics, Elsevier, vol. 159(C).
- Parkatti, Vesa-Pekka & Tahvonen, Olli, 2021.
"Economics of multifunctional forestry in the Sámi people homeland region,"
Journal of Environmental Economics and Management, Elsevier, vol. 110(C).
- Parkatti, Vesa-Pekka & Tahvonen, Olli, 2020. "Economics of Multifunctional Forestry in the Sámi People Homeland Region," FACTS: Firms And Cities Towards Sustainability 308021, Fondazione Eni Enrico Mattei (FEEM) > FACTS: Firms And Cities Towards Sustainability.
- Vesa-Pekka Parkatti & Olli Tahvonen, 2020. "Economics of Multifunctional Forestry in the Sámi People Homeland Region," Working Papers 2020.25, Fondazione Eni Enrico Mattei.
- Wise, Russell M. & Cacho, Oscar J., 2008. "Bioeconomic meta-modelling of Indonesian agroforests as carbon sinks," 2008 Conference (52nd), February 5-8, 2008, Canberra, Australia 6772, Australian Agricultural and Resource Economics Society.
- Cacho, Oscar, 2001. "An analysis of externalities in agroforestry systems in the presence of land degradation," Ecological Economics, Elsevier, vol. 39(1), pages 131-143, October.
- Ben Abdallah, Skander & Lasserre, Pierre, 2017.
"Forest land value and rotation with an alternative land use,"
Journal of Forest Economics, Elsevier, vol. 29(PB), pages 118-127.
- Skander Ben Abdallah & Pierre Lasserre, 2016. "Forest Land Value and Rotation with an Alternative Land Use," CIRANO Working Papers 2016s-38, CIRANO.
- Köthke, Margret & Dieter, Matthias, 2010. "Effects of carbon sequestration rewards on forest management--An empirical application of adjusted Faustmann Formulae," Forest Policy and Economics, Elsevier, vol. 12(8), pages 589-597, October.
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:2:y:2001:i:2:p:117-131. 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.