Accurately estimating the forest farmers' protection costs for forest ecosystem services has become a hot issue in ecological economics. In this research, we propose a novel method of using an auction price model to evaluate the forest ecosystem services. We establish a functional relationship...

Improving the efficiency of the forestry sector will have an important impact on our possibility to attain long-term sustainability and mitigate climate change. In this study, attainable, and sustainable, efficiency improvements in the harvesting of forest products are analyzed using Data...

We examine the effect of forest taxes on the optimal harvest decision and the forest land value using an adaptive optimization framework - the stand is harvested when the stumpage price is equal or higher than an age-dependent reservation price. We prove that the site value tax or site productivity ...

In the coming decades, climate change is projected to cause carbon dioxide fertilization effects in pine forests in the US Southeast. Resulting changes in pine (loblolly) growth will impact forest markets and regional carbon sequestration. We examine this impact in the context of baseline demand...

A harvest scheduling model when the natural risk is not only dependent on the age of the forest stand but also on the stock density is presented in this paper. In addition, damages to human lives, human health and infrastructure caused by natural risks are incorporated. Using a conditional current...

The sources of raw wood for industries in Iran are forest, imports, wood cultivation and garden waste. However, Restrictions on imports and bans on logging in forest areas in recent years have caused greater attention to wood cultivation and in particular to poplar cultivation. Despite the...

China's importance to the U.S. forestry sector and the disruptive effect of retaliatory tariffs raises questions about how U.S. forest products compete in the Chinese market. The goal of this study was to estimate China's lumber and log import demand and assess how tariffs affect the...

Forests have two notable economic roles in the future: providing renewable raw material and storing carbon to mitigate climate change. The pricing of forest carbon leads to longer rotation times and consequently larger carbon stocks, but also exposes landowners to a greater risk of forest damage....

Secondary vegetation is the land use that has increased the most in the Brazilian Amazon in recent years. Approximately 49% of the increase in the total area since the mid-2000s was due to forest regeneration. In this context, the present study aimed to evaluate how environmental policies and...

Timberland ownership has drastically changed in the United States since the 1980s, driven by the divestitures of vertically integrated forest products companies. Having sold their timberland, forest products companies have exposed themselves more to the risk of raw material supply. To hedge against ...