We provide a multi-factor real option model for a single harvest and then for perpetual forest harvesting, which extends the Faustmann (1849) approach to infinite rotations with multi-factor uncertainty. We examine separately forest growth and timber prices (and eventually credits/penalties for CO2 uptake/release upon harvest), so the forester can focus on critical exogenous and partially endog...

The problem of optimal forest rotation in a nonstationary environment can, general, not be solved analytically. Even qualitatively characterizing how the solution changes over time is only possible some special cases. In this paper, we consider an approximation true to problem. We derive approximate harvesting rule by solving sequence stationary problems that assume growth conditions at point w...

This paper analyzes socially optimal forest taxation when the government has a binding tax revenue requirement. In the Faustmann model the optimal design of forest taxation consists of non-distortionary taxes, such as site productivity tax, site value tax or profit tax. A combination of distortionary unit (or yield) tax and timber tax can also be used to collect the tax revenue in a non-distort...

In recent years, forest management has moved towards a landscape approach reflecting a mix of social, environmental and economic values. In this paper, we evaluate the effect on harvesting decisions of the spatial attributes of communal forests in Galicia. We first model the forest landscape management problem within a bioeconomic framework, which allows the identification of optimal clear-cutt...

Using a hypothetic southern pine plantation in the state of Georgia United States, benefit-cost analysis forest carbon is conducted for landowners voluntary market. With values being defined by marginal growth, it found that inclusion into objective function usually leads to longer rotations and higher total profits. In our baseline analysis, rotation age increases four years when both timber a...

در این تحقیق به مقایسه تحلیلی و عددی آبشار جریان برگشتی مدل R با آبشارهای Q QI سیستم‌­های چندجزیی پایدار پرداخته می‌­شود. راستا برای اولین بار کدهای جهت طراحی منظور کد نرم‌افزار متلب نوشته شده‌­اند. نتایج نشان می‌­دهد که دو جزء 1k 2k از خوراک Nc جزء، تعداد معدودی قابل تعریف است همگی حالات خاصی می­‌باشد. هم‌­چنین یافته‌­ها مجموع مقدار برش جزیی همیشه برابر یک است. طریق داده می‌­شود صورتی میانگین ...

The Faustmann formula, equivalent to the land expectation value (LEV), yields present value, starting with bare land, of an infinite series future timber rotations for a stand. If this formula is used find rotation age that maximizes lower annual harvest will result when compared maximum sustained yield (MSY) regime ownership many stands. However, LEV strongly preferred by economists. This vs. ...

با توجه به رشد بالای جمعیت در جهان و نیاز اطمینان از امنیت غذایی، افزایش تولید واحد سطح محصولات زراعی به‌منزلة راهبردی اساسی حل مسئلة تأمین غذا به‌شمار می‌رود. سوی دیگر، وجود محدودیت زیرکشت پایین‌بودن میانگین عملکرد برخی کشاورزی مانند گندم کشور، محصول می‌تواند راهکاری عملی پاسخ کشور محسوب شود. یکی مهم‌ترین بیماری‌های فوزاریوم است که، نقش پیش‌بینی این بیماری جلوگیری کاهش بهره‌وری محصول، مدل‌هایی...