Spatial and temporal specialization of forest ecosystem management under sole ownership.

From: American Journal of Agricultural Economics | Date: May 1, 1997| Author: Swallow, Stephen K.; Talukdar, Piyali; Wear, David N. | Copyright information

"Ecosystem management" complicates forest management considerably. In this paper we extend the economic analysis of forestry to capture both the temporal and the spatial dimensions, allowing optimization of timber harvest decisions throughout an ecosystem. Dynamic programming simulations illustrate the implications for the simplest ecosystem, consisting of two forest management units. Results indicate that explicit recognition of ecological interactions, even between identical forest stands, ...

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