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- W1930451710 abstract "Even-aged stands or plantations have been the most common stand type in forest economics research. This is not surprising because the majority of active silviculture in traditional forestry countries has been based on the even-aged management system. Parallel to the ‘normal forest’ concept of even-aged forestry, the sustainable diameter distribution of uneven-aged stands has a considerable research history. The advent of more flexible stand management principles, such as Continuous Cover Forestry or Any-aged Management, calls for more careful economic analysis of stand management options.It is usually assumed in even-aged management that the economic analysis of one rotation can be done without any dependence to a previous or subsequent rotation. The lack of distinct rotations and vulnerability to improper cuttings causes uneven-aged economics to be much more sustainability oriented. To avoid forest mining’, the value o f a regime can be determined only subject to some sustainable stand structure in the long run. A general investment model covers all the different silvicultural systems. The uneven-aged structure calls for the following economic problems: A optimal static steady state structure and harvest (no reference to a present stand) B optimal static steady state structure that is attained after a predefined number of time periods and harvests (conversion period) C optimal dynamic steady state that is attained after an optimal conversion period with a given number of time periods and harvests A few observations on the economics of uneven-aged management can be stated: The equilibrium structures for static (A, B) and dynamic (C) steady states may be different. The value of C is greater than A or B because C is a less constrained regime. The longer the conversion period in B, the higher the value. The conversion from an initial stand to the steady state may exhibit a pulse over time in the diameter distribution. When the economics of different silvicultural systems are compared, the analysis needs to cover the value of the ending inventory (the value of a steady state) and the costs and revenues during the conversion period as well as the invested capital as land and growing stock." @default.
- W1930451710 created "2016-06-24" @default.
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- W1930451710 date "2002-01-01" @default.
- W1930451710 modified "2023-09-27" @default.
- W1930451710 title "Economic Evaluation of Uneven-aged Management" @default.
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- W1930451710 doi "https://doi.org/10.1007/978-94-015-9886-6_20" @default.
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