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Articles containing the keyword 'stumpage longevity'

Category : Article

article id 5273, category Article

Raymond K. Omwami. (1986). A theory of stumpage appraisal. Silva Fennica vol. 20 no. 3 article id 5273. https://doi.org/10.14214/sf.a15452

Keywords: silviculture; growing stock; stumpage prices; forest economy; stumpage longevity; bilateral monopoly; rational expectations

Abstract | View details | Full text in PDF | Author Info

This paper is a theoretical study of what is considered to constitute the proper perception of time in forest economics and management. A stumpage appraisal model that recognizes the influence of time is developed within the framework of a national aggregate economy. To demonstrate how a socially optimal land for timber production may be determined in a given nation, a stock-supply model is derived. The stumpage appraisal rule of development determines the market stumpage price that maintains a state of balance between timber production and other land use activities.

The PDF includes an abstract in Finnish.

Omwami, E-mail: ro@mm.unknown

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Jonsson M., (2008) Live-storage of Picea abies for two summers afte.. Silva Fennica vol. 42 no. 3 article id 246 (remove) | Edit comment

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