Theory and Application of Forest Economics

by Colin Price

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Afforestation and deforestation represent major and dramatic transformations in the pattern of land use throughout the world. These frequently controversial changes are often presented as a confrontation between economic, social and environmental forces. "Forest Economics" shows that economics has a crucial role to play in forestry. The author begins by examining the influence of profit-maximizing on considers silvicultural decision-making. It proceeds from optimal rotation dete rmination, via selection of spacing and thinning regimes, to crop improvement and protection decisions, and choice between silvicultural systems. Part 3 is concerned largely with the rationale and applications of cost-benefit analysis. It considers in detail both the evaluation of the social benefits and costs of forestry, and the pricing of factors of production in developing economies. The book's concluding section discusses the role of forestry in the generation of national and regional employment,in state involvement in forestry,in world timber prices and the interpretation of forestry policy at local level. managers,economists, forest managers, land use policy makers and those with an interest in the economic basis of forestry.
  • ISBN10 0631153659
  • ISBN13 9780631153658
  • Publish Date 11 May 1989
  • Publish Status Out of Print
  • Out of Print 11 September 1992
  • Publish Country GB
  • Publisher John Wiley and Sons Ltd
  • Imprint Blackwell Publishers
  • Format Hardcover
  • Pages 416
  • Language English