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We study the optimal hardwood tree planting decision on reclaimed surface coal mines in the Appalachian region using a mine operator-focused, expected cost model that recognizes costs of preparing the site for tree planting, unit costs of planting seedlings, and opportunity costs of...
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Forest management that reduces southern pine beetle (SPB) risk benefits not only the landowners, but all who draw benefits from southern pine forests, including other owners whose risk is reduced by landscape-wide efforts. One such practice is pre-commercial thinning (PCT) of pine stands, which...
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This study models the timber market entry decisions of nonindustrial private landowners. It involves examining reservation prices both for harvesting timber from existing forest land and for afforestation of marginal agricultural and abandoned land. An important conclusion drawn from these...
Persistent link: https://www.econbiz.de/10009433736
A model of mineland restoration is presented to show the wedge between mine operator and social planner decisions and social costs of current instruments. We find, first, mine operator efforts may not match socially optimal levels and consequently generate relatively high social costs, second,...
Persistent link: https://www.econbiz.de/10008518854
Individual landowners may capture non-timber benefits from both their own forested parcels and adjacent parcels owned by different landowners. These benefits may affect incentives for landowners to cooperate in their forest management decisions. Landowner survey data is used to examine...
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