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The Optimal Forest Rotation with Evolving Prices

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  • David H. Newman
  • Charles B. Gilbert
  • William F. Hyde

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Suggested Citation

  • David H. Newman & Charles B. Gilbert & William F. Hyde, 1985. "The Optimal Forest Rotation with Evolving Prices," Land Economics, University of Wisconsin Press, vol. 64(4), pages 347-353.
  • Handle: RePEc:uwp:landec:v:64:y:1985:i:4:p:347-353
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    Citations

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    Cited by:

    1. Ben Abdallah, Skander & Lasserre, Pierre, 2016. "Asset retirement with infinitely repeated alternative replacements: Harvest age and species choice in forestry," Journal of Economic Dynamics and Control, Elsevier, vol. 70(C), pages 144-164.
    2. Ken Stollery, 2001. "Climate Change and Optimal Rotation in a Flammable Forest," Working Papers 01001, University of Waterloo, Department of Economics, revised Jan 2001.
    3. Zhang, Daowei, 2001. "Faustmann in an uncertain policy environment," Forest Policy and Economics, Elsevier, vol. 2(2), pages 203-210, June.
    4. 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.
    5. 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.
    6. Melstrom, Richard T. & Salau, Kehinde Rilwan & Shanafelt, David W., 2019. "The Optimal Timing of Reintroducing Captive Populations Into the Wild," Ecological Economics, Elsevier, vol. 156(C), pages 174-184.
    7. Halbritter, Andreas & Deegen, Peter, 2011. "Economic analysis of exploitation and regeneration in plantations with problematic site productivity," Journal of Forest Economics, Elsevier, vol. 17(3), pages 319-334, August.
    8. Rakotoarison, Hanitra & Loisel, Patrice, 2016. "The Faustmann model under storm risk and price uncertainty: A case study of European beech in Northwestern France," MPRA Paper 85114, University Library of Munich, Germany.
    9. Garcia, Marissa C. & Lee, Donna J., 1998. "Public Forest Resource Management In The Philippines: Timber Production, Externalities, And Agricultural Expansion," 1998 Annual meeting, August 2-5, Salt Lake City, UT 20972, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    10. Maria A. Cunha‐e‐Sá & Sofia F. Franco, 2017. "The Effects of Development Constraints on Forest Management at the Urban‐Forest Interface," American Journal of Agricultural Economics, John Wiley & Sons, vol. 99(3), pages 614-636, April.
    11. Sedjo, Roger & Sohngen, Brent, 1996. "A Comparison of Timber Models for Use in Public Policy Analysis," RFF Working Paper Series dp-96-12, Resources for the Future.
    12. Cunha-e-Sá, Maria A. & Rosa, Renato & Costa-Duarte, Clara, 2013. "Natural carbon capture and storage (NCCS): Forests, land use and carbon accounting," Resource and Energy Economics, Elsevier, vol. 35(2), pages 148-170.
    13. Wu, Tong & Lawell, C.Y. Cynthia Lin & Just, David R. & Zhao, Jiancheng & Fei, Zhangjun & Wei, Qiang, 2022. "Optimal Forest Management for Interdependent Products: A Nested Dynamic Bioeconomic Model and Application to Bamboo," 2022 Annual Meeting, July 31-August 2, Anaheim, California 322164, Agricultural and Applied Economics Association.
    14. Skander BEN ABDALLAH & Pierre LASSERRE, 2015. "Optimum Forest Rotations of Alternative Tree Species," Cahiers de recherche 06-2015, Centre interuniversitaire de recherche en économie quantitative, CIREQ.
    15. M.J. Penttinen, 2000. "Timber Harvesting with Variable Prices and Costs," Working Papers ir00045, International Institute for Applied Systems Analysis.
    16. 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.
    17. Gan, Jianbang & Kolison, Stephen H. & Colletti, Joe P., 2001. "Optimal forest stock and harvest with valuing non-timber benefits: a case of US coniferous forests," Forest Policy and Economics, Elsevier, vol. 2(2), pages 167-178, June.

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