This paper studies optimal forest policies in an overlapping generations forest economy with one-sided altruism and public goods, where timber and monetary bequests can be made across generations. We extend the existing economics literature by demonstrating that timber bequests can dominate money bequests in many situations, and that timber bequests may even be operative in dynamically ineffici...

Biological invasions of forests by non-indigenous organisms present a complex, persistent, and largely irreversible threat to forest ecosystems around the globe. Rigorous assessments of the economic impacts of introduced species, at a national scale, are needed to provide credible information to policy makers. It is proposed here that microeconomic models of damage due to specific invading orga...

Negotiation, reconciliation of multiple scales through both ecological and social dimensions and minimization of power imbalances are considered critical challenges to overcome for effective governance of forest restoration. Finding the right mix of “command and control” in forest restoration vs. “environmental governance”, which includes non-state actors, regulatory flexibility, and market bas...

This paper presents a short-term analysis of recent timber trends in China, focusing on timber markets and trade, and on forest-related policies. Firstly, trends in China’s timber supply and demand are described highlighting the sharp increase in log imports, especially from Russia. Secondly, the key policy trends that have a#ected China’s domestic timber market, including trade policy, forest ...

In many cases it is under legislative mandate to manage publicly owned forest resources for multiple uses (i.e., timber production, hunting, grazing). Forest resources have some particular characteristics which make rather difficult their management. In fact they are a typical example of a joint production (market and social goods) and therefore every management policy must face tradeoffs betwe...

This paper identifies 10 common 'mistakes' in developing and using forest biodiversity indicators from the standpoint of making better forest management choices. The mistakes relate to a failure to clarify the values-basis for indicator selection and a failure to integrate science and values to design indicators that are concise, relevant and meaningful to decision makers. The combined effects ...

Using a landscape simulation model, we examined ecological and economic implications of forest policies designed to emulate the historical fire regime across the 2 × 106 ha Oregon Coast Range. Simulated policies included two variants of the current policy and three policies reflecting aspects of the historical fire regime. Policy development was guided by the management intentions of four owner...