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Non-timber Values and the Optimal Forest Rotation: An Application to the Southern Forest of Tasmania

Citation

Campbell, H and Jennings, SM, Non-timber Values and the Optimal Forest Rotation: An Application to the Southern Forest of Tasmania, The Economic Record, 80, (251) pp. 387-393. ISSN 0013-0249 (2004) [Refereed Article]


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Copyright Statement

The definitive published version is available online at: http://interscience.wiley.com

DOI: doi:10.1111/j.1475-4932.2004.00196.x

Abstract

The present paper examines the optimal use of a site containing standing timber, taking account of both timber and non-timber values. Using a site in the southern forest of Tasmania for illustrative purposes, it calculates the relationships between age of stand, extent of timber and non-timber values and optimal cutting age. It finds that, for a stand with moderate potential environmental benefits, there is a period of its life during which it is optimal to log. This segment narrows, and eventually disappears, as potential environmental benefits increase.

Item Details

Item Type:Refereed Article
Research Division:Economics
Research Group:Applied Economics
Research Field:Environment and Resource Economics
Objective Division:Economic Framework
Objective Group:Microeconomics
Objective Field:Microeconomics not elsewhere classified
Author:Jennings, SM (Dr Sarah Jennings)
ID Code:31571
Year Published:2004
Web of Science® Times Cited:2
Deposited By:Economics and Finance
Deposited On:2004-08-01
Last Modified:2010-06-18
Downloads:0

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