Optimal Thinning within the Faustmann Approach

  • Renke Coordes

Table of contents

  1. Front Matter
    Pages I-XV
  2. Renke Coordes
    Pages 1-8
  3. Renke Coordes
    Pages 9-33
  4. Renke Coordes
    Pages 35-53
  5. Renke Coordes
    Pages 55-144
  6. Renke Coordes
    Pages 145-216
  7. Renke Coordes
    Pages 217-219
  8. Back Matter
    Pages 221-246

About this book

Introduction

Forest stands are thinned all over the world. Yet, there was hitherto no consistent theory which allowed deriving unambiguous conditions for thinnings as the harvest of trees prior to the rotation age. Renke Coordes closes this gap by proposing a new, more general view on the Faustmann model as the basic investment model in forest resource economics. With the introduction of mutual interdependencies between the trees growing in a stand and the opportunity to harvest trees prior to the rotation age, optimal thinning regimes can be derived and analyzed. The implications of the proposed model are thoroughly discussed against the background of practical forest management decisions. The author closes with adaptations to the problems of the management of mixed, multiple-use and uneven-aged stands and entire forests. In this way, a unified perspective on the management of forests as natural resources is offered.

 Contents

  • Impact of thinnings on the timber growth in forest stands
  • Investment models for thinning decisions in forest stands
  • Analysis of the optimality and relevance of thinning regimes in forest stands
  • Conclusions on the management of mixed and uneven-aged stands and forests

 Target Groups

  • Researchers and students in the fields of forest science and resource economics
  • Practitioners in the fields of forest management and resource management

 About the Author

Renke Coordes is Research Assistant and Lecturer at the Institute of Forest Economics and Forest Management Planning of the university Technische Universität Dresden.

Keywords

forest management forest science resource economics thinnings in forest stands timber growth theory

Authors and affiliations

  • Renke Coordes
    • 1
  1. 1.und Forstliche RessourcenökonomieTechnische Universität Dresden ForstpolitikTharandtGermany

Bibliographic information

  • DOI https://doi.org/10.1007/978-3-658-06959-9
  • Copyright Information Springer Fachmedien Wiesbaden 2014
  • Publisher Name Springer Vieweg, Wiesbaden
  • eBook Packages Biomedical and Life Sciences
  • Print ISBN 978-3-658-06958-2
  • Online ISBN 978-3-658-06959-9
  • About this book
Industry Sectors
Biotechnology