Options for maintaining forest productivity after natural disturbance: A principal–agent approach

Historically, British Columbia mandated silvicultural outcomes on public forestland because timber had a sufficiently high value to produce high resource rents. The mountain pine beetle altered the value of pine, reducing rents and impacting the silvicultural re-imbursement of regulated practices. As a result, forest companies continuing to log stands of damaged pine seek to meet the minimum regulatory regeneration outcomes at lowest possible costs.

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Year of publication:	2013
Authors:	Bogle, Tim ; Kooten, G. Cornelis van
Published in:	Forest Policy and Economics. - Elsevier, ISSN 1389-9341. - Vol. 26.2013, C, p. 138-144
Publisher:	Elsevier
Subject:	Forest productivity \| Silvicultural strategies \| Principal–agent relations \| Public ownership of forestland

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Type of publication:	Article
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10010869406