Multiple Species Boreal Forests – What Faustmann Missed Export

@article{citeulike:2006527, abstract = {Abstract\ \ Recent research in natural sciences shows that the dynamics in boreal forests are much more complex than what many models traditionally used in forestry economics reflect. This essay analyzes some challenges of accounting for such complexity. It shows that the optimal harvesting strategy for forest owners is history dependent and for some states of the forest, more than one strategy may be optimal.This paper confirms earlier literature on shallow lakes and coral reefs and shows that this kind of phenomena seem much more common than previously thought. They are valid for a wide range of ecosystems that cover large surfaces and they do not depend on the choice of some specific function to model the non-linearity. There are also indications that theses results could be obtained even for resources with concave growth if at least one species with non-linear growth affects their dynamics.}, author = {Cr\'{e}pin, Anne-Sophie}, citeulike-article-id = {2006527}, citeulike-linkout-0 = {http://dx.doi.org/10.1023/B:EARE.0000007352.02799.0e}, day = {10}, doi = {10.1023/B:EARE.0000007352.02799.0e}, journal = {Environmental and Resource Economics}, keywords = {forest, multiple, points, skiba, steady-states, thresholds}, month = {December}, number = {4}, pages = {625--646}, posted-at = {2007-11-28 18:17:02}, priority = {5}, title = {Multiple Species Boreal Forests – What Faustmann Missed}, url = {http://dx.doi.org/10.1023/B:EARE.0000007352.02799.0e}, volume = {26}, year = {2003} }

TY - JOUR ID - citeulike:2006527 L3 - citeulike-article-id:2006527 N2 - Abstract  Recent research in natural sciences shows that the dynamics in boreal forests are much more complex than what many models traditionally used in forestry economics reflect. This essay analyzes some challenges of accounting for such complexity. It shows that the optimal harvesting strategy for forest owners is history dependent and for some states of the forest, more than one strategy may be optimal.This paper confirms earlier literature on shallow lakes and coral reefs and shows that this kind of phenomena seem much more common than previously thought. They are valid for a wide range of ecosystems that cover large surfaces and they do not depend on the choice of some specific function to model the non-linearity. There are also indications that theses results could be obtained even for resources with concave growth if at least one species with non-linear growth affects their dynamics. IS - 4 JF - Environmental and Resource Economics EP - 646 TI - Multiple Species Boreal Forests – What Faustmann Missed VL - 26 SP - 625 KW - forest KW - multiple KW - points KW - skiba KW - steady-states KW - thresholds AU - Crépin, Anne-Sophie PY - 2003/12/10/ UR - http://dx.doi.org/10.1023/B:EARE.0000007352.02799.0e ER -