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Optimal Thinning within the Faustmann Approach

  • Book
  • © 2014

Overview

Authors:
  1. Renke Coordes

    1. und Forstliche Ressourcenökonomie, Technische Universität Dresden Forstpolitik, Tharandt, Germany

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  • Publication in the field of technical and natural sciences

  • Includes supplementary material: sn.pub/extras

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Table of contents (6 chapters)

  1. Front Matter

    Pages I-XV
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  2. Problem

    • Renke Coordes
    Pages 1-8

  3. Timber Growth Theory

    • Renke Coordes
    Pages 9-33

  4. Investment Model

    • Renke Coordes
    Pages 35-53

  5. Analysis

    • Renke Coordes
    Pages 55-144

  6. Discussion and Conclusions

    • Renke Coordes
    Pages 145-216

  7. Summary

    • Renke Coordes
    Pages 217-219

  8. Back Matter

    Pages 221-246
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Keywords

About this book

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.

Authors and Affiliations

  • und Forstliche Ressourcenökonomie, Technische Universität Dresden Forstpolitik, Tharandt, Germany

    Renke Coordes

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.

Bibliographic Information

  • Book Title: Optimal Thinning within the Faustmann Approach

  • Authors: Renke Coordes

  • DOI: https://doi.org/10.1007/978-3-658-06959-9

  • Publisher: Springer Vieweg Wiesbaden

  • eBook Packages: Biomedical and Life Sciences, Biomedical and Life Sciences (R0)

  • Copyright Information: Springer Fachmedien Wiesbaden 2014

  • Softcover ISBN: 978-3-658-06958-2Published: 25 August 2014

  • eBook ISBN: 978-3-658-06959-9Published: 13 August 2014

  • Edition Number: 1

  • Number of Pages: XV, 246

  • Number of Illustrations: 15 b/w illustrations

  • Topics: Forestry Management, Environmental Management

  • Industry Sectors: Biotechnology

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