Full text of this article is only available in PDF format.

E. A. Martin Hagfors (email)

On the economic objectives of the commercial use of forest

Hagfors E. A. M. (1929). On the economic objectives of the commercial use of forest. Acta Forestalia Fennica vol. 35 no. 3 article id 7258. https://doi.org/10.14214/aff.7258

Abstract

The article has two parts: the first are the common principles of forestry and forest economics and the second part presents different theories of forest economics. The aim of the study is to find out how the best possible economic result can be achieved from forest management and use of forest resources.

The first part presents the economic foundations of forestry; the division between following the concept of economic profitability in forestry and forest management; concepts of capital and operating result in forestry; and productivity and profitability. It discusses the idea of economy as a dynamic entity instead of static.

In the second part the different economic theories related to forestry and forest economics are presented. Theory on the highest interest on forest capital, theory of sustained yield management system, land rent theory, theory on forest profitability and dynamic economic theory are discussed.      

The PDF contains a summary in Finnish.

Keywords
forestry; profitability; forest economics; forest economy; economic theory

Published in 1929

Views 1282

Available at https://doi.org/10.14214/aff.7258 | Download PDF

Creative Commons License CC BY-SA 4.0

Register
Click this link to register to Silva Fennica.
Log in
If you are a registered user, log in to save your selected articles for later access.
Contents alert
Sign up to receive alerts of new content

Your selected articles
Your search results
Hagfors E. A. M., (1939) Critical views on the economic theory on forestr.. Acta Forestalia Fennica vol. 47 no. 2 article id 7342
Hagfors E. A. M., (1936) Monographic studies on theory of forestry, part .. Acta Forestalia Fennica vol. 42 no. 7 article id 7324
Hagfors E. A. M., (1929) On the economic objectives of the commercial use.. Acta Forestalia Fennica vol. 35 no. 3 article id 7258
Hagfors E. A. M., (1929) Paper on essence of forestry Acta Forestalia Fennica vol. 34 no. 36 article id 7249