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Despite considerable interest in the potential for forests to sequester carbon, the impact of carbon management on the provision of timber and non-timber resources has received relatively little attention in the literature. The introduction of value for stored carbon may result in modifications...
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Despite considerable interest in the potential for forests to sequester carbon, the impact of carbon management on the provision of timber and non-timber resources has received relatively little attention in the literature. The introduction of value for stored carbon may result in modifications...
Persistent link: https://www.econbiz.de/10005070244
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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...
Persistent link: https://www.econbiz.de/10010572990
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...
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