Log prices can be volatile and hard to predict from month to month. For those tasked with managing timberland investments and the marketing of logs, however, short run predictions of price could be useful. This study shows that Douglas-fir log prices can be predicted with reasonable accuracy using...

Drought is a source of stress that affects forest growth, resulting in financial losses for forest owners and amenity losses for society. Due to climate change, such natural events will be more frequent and intense in the future. In this context, the objective of this paper is to compare, from an...

As a long-term investment, timberland investments offer financial benefits including portfolio diversification, attractive risk/return profile, an inflation hedge, and the potential of cash flow. Based on interviews with experts regarding ranges of input parameters used in single-hectare financial...

In this study, the hybrid approach of the analytic hierarchy process (AHP) and the multi-objective optimization on the basis of ratio analysis (MOORA) was used in order to select the most suitable softwood timber for construction. Douglas fir (Pseudotsuga menziesii), lodgepole pine (Pinus concorta...

After 31 years of follow-up, an experiment comparing three contrasting technical itineraries on Douglas-fir (final densities of 800 to 100 stems/ha at 48 years) makes it possible to judge the influence of silviculture on the dendrometric parameters of stand: little effect on the height and the...

Productive Norway spruce forests in mountainous growing areas are expected to be affected by increasing climate-driven disturbances, which will most likely result in a reduction of their economic performance. This study seeks to compare the potential of currently discussed management options aiming ...

Conserving forests to provide ecosystem services and biodiversity will be a key environmental challenge as society strives to adapt to climate change. The ecosystem services and biodiversity that forests provide will be influenced by the behaviors of numerous individual private landowners as they...

In British Columbia, the primary forest sector is a leading contributor to the provincial economy, so understanding the determinants of log supply in BC is important for policy. In their analysis, Sun et al. 2015 estimated log supply elasticities using panel data across eight forest districts in...

Controlling the long-term effect of management on the quantity and properties of individual boards is a fundamental challenge for silviculture. Within this basic study on Douglas-fir, we have investigated the sensitivity of the net present value (NPV) to three most common planting densities and a...

Christmas tree sales are considerable throughout the United States. Understanding the drivers of purchase for Christmas trees is critical for producers and stakeholders within states with tree production. Using data from a choice experiment in combination with latent class modeling, we find that...