A dynamical approach to the legal and illegal logging of forestry population and conservation using taxation

Over-harvesting of forestry resource, primarily trees, through illegal logging has been exceptionally regular for decades. In the context of this worldwide issue, a mathematical model considering the joined impact of legal and illegal logging of trees from forestry biomass using delay-driven ordinary differential equations is proposed. For the set of equations, we have taken immature, mature forestry biomass, and industrial densities as three state variables. Additionally, the effect of time-lag for the conversion of immature forestry biomass to mature forestry biomass is considered. System boundedness, feasible equilibrium analysis and the stability of all the feasible equilibria is examined using the differential equation theory. From the detailed analysis of the system, it is observed that with the delay in time, the system bifurcates as it reaches the critical threshold. While without the delay, the system is asymptotically stable. Biologic and bio-economic results of the system are also interpreted for the optimal equilibrium solutions. The optimal path is obtained by constructing the Hamiltonian, which is further solved using Pontryagin”s principle associated with the control problem. Further, numerical simulation is also provided in support of analytical results. Moreover, the normalized forward sensitivity index is used to analyze the parameter sensitivity.