Ebook: Recent Accomplishments in Applied Forest Economics Research

The papers in this book were 'in a preliminary version' presented at an international con­ ference May 21-25, 2002 in Gilleleje, Denmark. It was a joint event, namely the biennial meeting of the Scandinavian Society of Forest Economics and the 3rd Berkeley-KVL Con­ ference. The Scandinavian Society of Forest Economics (SSFE) was established in 1958 as a forum for forest economists in the Nordic countries to meet and exchange ideas on research and education. Alternating between Denmark, Finland, Norway and Sweden, biennial ordinary meetings have taken place ever since. The number of participants has increased from 10-15 in the first decade to more than 80 in 2002. In the last two decades prominent researchers from outside Scandinavia have been invited to present papers at the biennial meetings and also to participate in ad hoc working groups. The Berkeley-KVL part of the conference is based on a research collaboration between The Royal Veterinary and Agricultural University (KVL), Copenhagen, University of Cali­ fornia at Berkeley, and Oregon State University. It was initiated in 1993 within the frame­ work of a research programme at KVL: 'Stochastic Decision Analysis in Forest Manage­ ment' and since 1996 extended to the programme 'Economic Optimisation of Multiple-Use Forestry and Other Natural Resources'.

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This volume comprises eighteen papers, dealing with the application of economics in forest resource management, wood processing industry and the forest products markets. Within these fields, many different subjects are treated, all of them relevant to current discussions of how to use forests and to some extent also other natural resources. Some subjects are treated at the micro- or owner level, others at the macro- or country, or even higher level, implying forest policy aspects. Many different analytical methods are represented, for example, deterministic and stochastic analysis, single- and multi-objective decision making, discounting, simulation, operations research methods, time-series analysis, Data Envelopment Analysis.

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This volume comprises eighteen papers, dealing with the application of economics in forest resource management, wood processing industry and the forest products markets. Within these fields, many different subjects are treated, all of them relevant to current discussions of how to use forests and to some extent also other natural resources. Some subjects are treated at the micro- or owner level, others at the macro- or country, or even higher level, implying forest policy aspects. Many different analytical methods are represented, for example, deterministic and stochastic analysis, single- and multi-objective decision making, discounting, simulation, operations research methods, time-series analysis, Data Envelopment Analysis.
Content:
Front Matter....Pages i-xii
Front Matter....Pages 1-1
The economics of transformation from even-aged to uneven-aged forestry....Pages 3-17
Re-examining the theories supporting the so-called Faustmann formula....Pages 19-38
The Volvo Theorem: From myth to behavior model....Pages 39-48
Adaptive spatial harvest planning under risk of windthrow....Pages 49-61
An econometric analysis of differences in stumpage values using micro-level harvesting data....Pages 63-71
Afforestation as a real option: Choosing among options....Pages 73-80
The value of urban afforestation: A hedonic pricing case....Pages 81-90
Comparison of multi-criteria optimization techniques for selection of conservation areas....Pages 91-102
DEA based yardstick competition in natural resource management....Pages 103-125
Front Matter....Pages 127-127
A multi-output restricted profit function for Norwegian sawmilling....Pages 129-139
The use of sawnwood within the end-use and producer sectors in former West Germany....Pages 141-152
Backward vertical integration in the Swedish forest sector — six case studies....Pages 153-164
Front Matter....Pages 165-165
The impact of government investment assistance on forest investment and timber supply....Pages 167-179
Preservation and employment....Pages 181-192
Issues and prospects in global forest sector modeling....Pages 193-205
Inventory and price movements of coniferous sawnwood in Europe....Pages 207-218
Quality dimensions of wood products — perceptions of German organisational customers....Pages 219-226
Analysis of trade in non-timber forest products....Pages 227-239
Back Matter....Pages 241-248

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This volume comprises eighteen papers, dealing with the application of economics in forest resource management, wood processing industry and the forest products markets. Within these fields, many different subjects are treated, all of them relevant to current discussions of how to use forests and to some extent also other natural resources. Some subjects are treated at the micro- or owner level, others at the macro- or country, or even higher level, implying forest policy aspects. Many different analytical methods are represented, for example, deterministic and stochastic analysis, single- and multi-objective decision making, discounting, simulation, operations research methods, time-series analysis, Data Envelopment Analysis.
Content:
Front Matter....Pages i-xii
Front Matter....Pages 1-1
The economics of transformation from even-aged to uneven-aged forestry....Pages 3-17
Re-examining the theories supporting the so-called Faustmann formula....Pages 19-38
The Volvo Theorem: From myth to behavior model....Pages 39-48
Adaptive spatial harvest planning under risk of windthrow....Pages 49-61
An econometric analysis of differences in stumpage values using micro-level harvesting data....Pages 63-71
Afforestation as a real option: Choosing among options....Pages 73-80
The value of urban afforestation: A hedonic pricing case....Pages 81-90
Comparison of multi-criteria optimization techniques for selection of conservation areas....Pages 91-102
DEA based yardstick competition in natural resource management....Pages 103-125
Front Matter....Pages 127-127
A multi-output restricted profit function for Norwegian sawmilling....Pages 129-139
The use of sawnwood within the end-use and producer sectors in former West Germany....Pages 141-152
Backward vertical integration in the Swedish forest sector — six case studies....Pages 153-164
Front Matter....Pages 165-165
The impact of government investment assistance on forest investment and timber supply....Pages 167-179
Preservation and employment....Pages 181-192
Issues and prospects in global forest sector modeling....Pages 193-205
Inventory and price movements of coniferous sawnwood in Europe....Pages 207-218
Quality dimensions of wood products — perceptions of German organisational customers....Pages 219-226
Analysis of trade in non-timber forest products....Pages 227-239
Back Matter....Pages 241-248
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