About optimal harvesting policies for a multiple species forest without discounting
Author
Abstract
Suggested Citation
DOI: 10.1007/s00712-010-0134-3
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
- William A. Brock & Mukul Majumdar, 2015.
"On Characterizing Optimal Competitive Programs in Terms of Decentralizable Conditions,"
World Scientific Book Chapters, in: Mukul Majumdar (ed.), Decentralization in Infinite Horizon Economies, chapter 3, pages 46-57,
World Scientific Publishing Co. Pte. Ltd..
- Brock, William A. & Majumdar, Mukul, 1988. "On characterizing optimal competitive programs in terms of decentralizable conditions," Journal of Economic Theory, Elsevier, vol. 45(2), pages 262-273, August.
- Tapan Mitra & Henry Y. Wan, 1985. "Some Theoretical Results on the Economics of Forestry," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 52(2), pages 263-282.
- 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.
- David Gale, 1967. "On Optimal Development in a Multi-Sector Economy," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 34(1), pages 1-18.
- Salo, Seppo & Tahvonen, Olli, 2002. "On Equilibrium Cycles and Normal Forests in Optimal Harvesting of Tree Vintages," Journal of Environmental Economics and Management, Elsevier, vol. 44(1), pages 1-22, July.
- Mitra, Tapan & Wan, Henry Jr., 1986. "On the faustmann solution to the forest management problem," Journal of Economic Theory, Elsevier, vol. 40(2), pages 229-249, December.
- Rose-Anne Dana & Cuong Le Van & Tapan Mitra & Kazuo Nishimura (ed.), 2006. "Handbook on Optimal Growth 1," Springer Books, Springer, number 978-3-540-32310-5, February.
- Mitra, Tapan, 2004. "Intergenerational Equity and the Forest Management Problem," Working Papers 04-17, Cornell University, Center for Analytic Economics.
- Seppo Salo & Olli Tahvonen, 2004. "Renewable Resources with Endogenous Age Classes and Allocation of Land," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 86(2), pages 513-530.
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.- Ali Khan, M. & Piazza, Adriana, 2012. "On the Mitra–Wan forestry model: A unified analysis," Journal of Economic Theory, Elsevier, vol. 147(1), pages 230-260.
- Khan, M. Ali & Piazza, Adriana, 2011.
"Classical turnpike theory and the economics of forestry,"
Journal of Economic Behavior & Organization, Elsevier, vol. 79(3), pages 194-210, August.
- M. Ali Khan & Adriana Piazzaz, 2009. "Classical Turnpike Theory and the Economics of Forestry," Discussion Papers Series 397, School of Economics, University of Queensland, Australia.
- Fabbri, Giorgio & Faggian, Silvia & Freni, Giuseppe, 2015.
"On the Mitra–Wan forest management problem in continuous time,"
Journal of Economic Theory, Elsevier, vol. 157(C), pages 1001-1040.
- Silvia Faggian & Giorgio Fabbri & Giuseppe Freni, 2013. "On the Mitra--Wan Forest Management Problem in Continuous Time," Working Papers 2013:28, Department of Economics, University of Venice "Ca' Foscari".
- Giorgio Fabbri & Silvia Faggian & Giuseppe Freni, 2015. "On the Mitra–Wan forest management problem in continuous time," Post-Print hal-01615431, HAL.
- Giorgio FABBRI & Silvia FAGGIAN & Giuseppe FRENI, 2014. "On the Mitra-Wan Forest Management Problem in Continuous Time," LIDAM Discussion Papers IRES 2014011, Université catholique de Louvain, Institut de Recherches Economiques et Sociales (IRES).
- Giorgio Fabbri & Silvia Faggian & Giuseppe Freni, 2014. "On The Mitra-Wan Forest Management Problem in Continuous Time," Documents de recherche 14-04, Centre d'Études des Politiques Économiques (EPEE), Université d'Evry Val d'Essonne.
- Tahvonen, Olli & Rautiainen, Aapo, 2017. "Economics of forest carbon storage and the additionality principle," Resource and Energy Economics, Elsevier, vol. 50(C), pages 124-134.
- Khan, M. Ali, 2016. "On a forest as a commodity and on commodification in the discipline of forestry," Forest Policy and Economics, Elsevier, vol. 72(C), pages 7-17.
- Adriana Piazza, 2009. "The optimal harvesting problem with a land market: a characterization of the asymptotic convergence," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 40(1), pages 113-138, July.
- Coordes, Renke, 2016. "The emergence of forest age structures as determined by uneven-aged stands and age class forests," Journal of Forest Economics, Elsevier, vol. 25(C), pages 160-179.
- M. Ali Khan & Adriana Piazza, 2010. "On uniform convergence of undiscounted optimal programs in the Mitra–Wan forestry model: The strictly concave case," International Journal of Economic Theory, The International Society for Economic Theory, vol. 6(1), pages 57-76, March.
- Laukkanen, Matti & Tahvonen, Olli, 2023. "Wood product differentiation in age-structured forestry," Resource and Energy Economics, Elsevier, vol. 73(C).
- Lintunen, Jussi & Uusivuori, Jussi, 2014.
"On The Economics of Forest Carbon: Renewable and Carbon Neutral But Not Emission Free,"
Climate Change and Sustainable Development
165755, Fondazione Eni Enrico Mattei (FEEM).
- Jussi Lintunen & Jussi Uusivuori, 2014. "On The Economics of Forest Carbon: Renewable and Carbon Neutral But Not Emission Free," Working Papers 2014.13, Fondazione Eni Enrico Mattei.
- Ken-Ichi Akao, 2011. "Optimum forest program when the carbon sequestration service of a forest has value," Environmental Economics and Policy Studies, Springer;Society for Environmental Economics and Policy Studies - SEEPS, vol. 13(4), pages 323-343, December.
- Piazza, Adriana & Roy, Santanu, 2015. "Deforestation and optimal management," Journal of Economic Dynamics and Control, Elsevier, vol. 53(C), pages 15-27.
- Silvia Faggian & Giuseppe Freni, 2015. "A Ricardian Model of Forestry," Working Papers 2015:12, Department of Economics, University of Venice "Ca' Foscari", revised 2015.
- Kuusela, Olli-Pekka & Lintunen, Jussi, 2020. "Modeling market-level effects of disturbance risks in age structured forests," Forest Policy and Economics, Elsevier, vol. 118(C).
- Lintunen, Jussi & Uusivuori, Jussi, 2016. "On the economics of forests and climate change: Deriving optimal policies," Journal of Forest Economics, Elsevier, vol. 24(C), pages 130-156.
- Salo, Seppo & Tahvonen, Olli, 2003. "On the economics of forest vintages," Journal of Economic Dynamics and Control, Elsevier, vol. 27(8), pages 1411-1435, June.
- Nguyen, Trung Thanh & Nghiem, Nhung, 2016. "Optimal forest rotation for carbon sequestration and biodiversity conservation by farm income levels," Forest Policy and Economics, Elsevier, vol. 73(C), pages 185-194.
- Moriguchi, Kai & Ueki, Tatsuhito & Saito, Masashi, 2020. "Establishing optimal forest harvesting regulation with continuous approximation," Operations Research Perspectives, Elsevier, vol. 7(C).
- 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.
- Roberto Cominetti & Adriana Piazza, 2009. "Asymptotic Convergence of Optimal Policies for Resource Management with Application to Harvesting of Multiple Species Forest," Mathematics of Operations Research, INFORMS, vol. 34(3), pages 576-593, August.
More about this item
Keywords
Existence of optimal programs; Golden-rule stock; Maximal; optimal and minimal value loss programs; Asymptotic stability; Forest management; Environmental economics; C62; D90; Q23;All these keywords.
JEL classification:
- C62 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Existence and Stability Conditions of Equilibrium
- D90 - Microeconomics - - Micro-Based Behavioral Economics - - - General
- Q23 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Forestry
Statistics
Access and download statisticsCorrections
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:kap:jeczfn:v:100:y:2010:i:3:p:217-233. 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: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.