We present an analytical model for determination of the economically optimal harvest age of a forest stand considering timber value, and the value of carbon fluxes in living biomass, dead organic matter, and wood products pools. Through comparative statics analysis, we find that consideration of...

Carbon sequestration in forests is being considered as a mechanism to slow or reverse the trend of increasing concentrations of carbon dioxide in the atmosphere. We present results from a dynamic programming model used to determine the optimal harvest decision for a forest stand in the boreal...