Shows how neo-classical economic principles can be used to analyse forest policy issues in several countries, including timber production and markets, multiple use forestry, and valuation of non-market benefits.
Contributors. Preface. 1. Introduction; E.O. Sills, K.L. Abt. 2. Global Forests; J.P. Siry, F.W. Cubbage. 3. Private Forests; F.W. Cubbage, A.G. Snider, K.L. Abt, R.J. Moulton. I: Timber Production and Markets. 4. Optimal Stand Management; K.L. Abt, J.P. Prestemon. 5. Forest Production; J.P. Siry, F.W. Cubbage, E.O. Sills. 6.Financial Analysis of Timber Investments; F.C. Zinkhan, F.W. Cubbage. 7. Timber Production Efficiency Analysis; D.R. Carter, J.P. Siry. 8. Aggregate Timber Supply; D.N. Wear, S.K. Pattanyak. 9. Timber Demand; R.C. Abt, S. Ahn. 10. Structure and Efficiency of Timber Markets; B.C. Murray, J.P. Prestemon. 11. International Trade in Forest Products; J.P. Prestemon, J. Buongiorno, D.N. Wear, J.P. Siry. II: Multiple Products from Forests. 12. Public Timber Supply under Multiple-Use Management; D.N. Wear. 13. Economics of Forest Carbon Sequestration; B.C. Murray. 14. Timber and Amenities on Nonindustrial Private Forest Land; S.K. Pattanayak, K.L. Abt, T.P. Holmes. 15. Nontimber Forest Products in the Rural Household Economy; E.O. Sills, S. Lele, T.P. Holmes, S.K. Pattanayak. 16. Agroforestry Adoption by Smallholders; D.E. Mercer, S.K. Pattanayak. III: Non-Market Valuation. 17. Contingent Valuation of Forest Ecosystem Protection; R.A. Kramer, T.P. Holmes, M. Haefele. 18. Stated Preference Methods for Valuation of Forest Attributes; T.P. Holmes, K.J. Boyle. 19. Estimating Forest Recreation Demand Using Count Data Models; J.E. Englin, T.P. Holmes. E.O. Sills. 20. Forest Ecosystem Services as Production Inputs; S.K. Pattanayak, D.T. Butry.
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