Since the year 2018, the yield and management situation in German forest enterprises is characterized by extreme weather events (storms, draught) and, consequently, bark beetle calamities, leading to a significant above-average occurrence of damaged timber. In addition to processing the damaged...

Forests cover over 40% of the EU's land surface, and they are essential for the health and well-being of all Europeans. We depend on them for the air we breathe and the water we drink, and their rich biodiversity and unique natural system are a home and habitat for most species found on land...

Under the European Green Deal, the EU biodiversity strategy for 2030 sets a path for the recovery of Europe's biodiversity, including its forest biodiversity. The biodiversity strategy for 2030 highlights the importance of sustainably managing forests as a nature-based solution in the fight...

Under the European Green Deal, the EU biodiversity strategy for 2030 sets a path for the recovery of Europe's biodiversity, including its forest biodiversity. The biodiversity strategy for 2030 highlights the importance of sustainably managing forests as a nature-based solution in the fight...

Ecosystems are likely to be severely affected by climate change. While the literature on this subject focuses primarily on climate variable means, increasing evidence has been gathered on the importance of changes in climate variability in determining ecosystem impacts. In this context, forests...

Lebanon's forest landscapes are unique in the Mediterranean region and, over the centuries, have provided multiple socioeconomic, cultural, and environmental benefits. However, societal changes have had a significant impact on these landscapes, putting them at risk of further degradation....

Abstract In the US South, private forest landowners own the majority of timberland, therefore, understanding timber supply behavior of these landowners is a fundamental forest economic question. This study estimates the pine stumpage supply equations and elasticities of private landowners in...

This paper aims at building a theoretical framework to examine the impact of development pressure on private owner’s forest management practices, namely, on regeneration and conversion cut dates. As the rent for developed land is rising over time, our model creates the possibility of switching...

In the current paper we examine the role of forest carbon sequestration benefits in optimal forest management. When carbon benefits are considered not only the forested area is relevant, but also the flow of carbon between land and the atmosphere through the carbon cycle. To account for all...

Abstract The distribution of trees and access to nature is rarely equitable across urban neighbourhoods. This injustice is present in many cities, and its origins are predominantly rooted in enduring procedural and recognitional injustices. The purpose of this research was to systematically...

Spending time in a forest benefits human health and well-being. Based on the forest spatial types (forest interior and forest edge spaces), landscape elements (architecture, water and roads) and forest stands (coniferous, broadleaf and bamboo forests), this study used the Short-version Revised...

A correct aggregation of stakeholders’ preferences is a vital aspect in solving problems associated with natural resources. In fact, there is no one solution that permits the incorporation of those preferences into techniques that, in turn, may address multiple objectives in the management of...

The purpose of this study is to understand the legal and policy constraints and opportunities in each of the 17-carbon fund (CF) countries affecting women's land and forest tenure. The study also explores women's ability to exercise land and forest rights in statutory and customary systems; how...

"Forestry Economics introduces students and practitioners to the economics of managing forests and forest enterprises. The book adopts the approach of managerial economics textbooks and applies this to the unique problems and production processes faced by managers of forests and forest...

"Forestry Economics introduces students and practitioners to the economics of managing forests and forest enterprises. The book adopts the approach of managerial economics textbooks and applies this to the unique problems and production processes faced by managers of forests and forest...

Forestry investment involves long time horizons, and planting decisions must be made amidst a range of uncertainties. In the context of these uncertainties, we analyse investment decisions that involve plantation of existing grazing land in exotic versus indigenous forest species. We discuss how...

In this study, we argue that while community forest management is effective in protecting forest resources as argued by Ostrom, it may fail to provide proper incentives to take care of such resources because of collective sharing of benefits of forest management. This study proposes a mixed...

Papers on optimal harvesting regimes for maximizing land expectation value (LEV) that compare different logging practices often ignore differences in variable costs and in damages on the residual stand between logging practices. We use data on a multi-age, multi-species forest in East-Kalimantan...

The paper presents an adjusted Faustmann Rule for optimal harvest of a forest when there is a social cost of carbon emissions. The theoretical framework takes account of the dynamics and interactions of forests’ multiple carbon pools and assumes an infinite time horizon. Our paper provides a...

The paper uses both the single rotation and ongoing rotation framework to study the impact of yield tax, lump-sum tax, cash flow tax and tax on interest rate earnings on the privately optimal rotation period when forest value growth is stochastic and forest owners are either risk neutral or risk...

We propose a framework with endogenous allocation of land between agricultural production, sustainable forest management, and unsustainable forest exploitation in the form of illegal logging to explore deforestation and agricultural and timber supplies when property rights are insecure....

In this paper, we rank the relative importance of the exogenous parameters upon the optimal harvesting size in a stochastic rotation problem. We show that when the tree growth follows geometric Brownian motion, the harvesting size is most elastic to the harvesting cost, followed by the interest...

The current literature on optimal forest rotation makes the unrealistic assumption of constant interest rate though harvesting decisions of forest stands are typically subject to long time horizons. We apply the Wicksellian single rotation framework to cover the unexplored case of variable and...

This paper extends the Hartman model to study the optimal rotation age of two interdependent stands when the stream of amenities produced from the two stands may be complements or substitutes, both in space and over time. In the presence of stand interdependence both the ownership structure and...

The current literature on optimal forest rotation makes the assumption of constant interest rate. However, the irreversible harvesting decisions of forest stands are typically subject to relatively long time horizons over which interest rates do fluctuate considerably. In this paper we apply the...

"Forestland investment has surged in the past few decades as a result of land ownership change in the forestry industry. Timberland investment and management organizations and real estate investment trusts have bought up land and resources which were divested by vertically integrated forest...

Introduction to Forestland Investment -- Optimal Forest Rotation -- Timberland Appraisal -- Return Drivers of Timberland Investment -- Property and Income Tax of Timberland -- Portfolio Theory and Asset Pricing Models -- Timberland Index Construction Methods and Results -- Financial Analysis of...

The inclusion of environmental clauses in Preferential Trade Agreements (PTAs) enables to incorporate specific rules on forest governance and Sustainable Forest Management (SFM) and to promote the implementation of forests-related Multilateral Environmental Agreements (MEAs). This tendency might...