Optimum forest rotation in an imperfect stumpage market with a changing demand function.

The behavior of optimum lengths of forest rotation periods under conditions of imperfect markets and nonconstant real price behavior for stumpage was examined to determine the proper evaluation criteria. It was found that optimum rotation periods decrease as the real price of stumpage increases exp...

Full description

Bibliographic Details

Published in:	Land Economics Vol. 67; pp. 240 - 255
Main Authors:	Sandhu, Gurmit S., Phillips, William E.
Format:	Article
Published:	University of Wisconsin Press May 1991
Subjects:	Forest management Mathematical models Forests & forestry > Economic aspects Timber Prices
Online Access:	View this record in EBSCOhost