Abstract
Forest economics’ existence as a distinct subdiscipline is usually attributed to the unique characteristics of the forest resource (Gregory 1987). The issues of longer production period, opportunity cost of land, and trees as factory and product, along with Faustmann’s subsequent insight, are generally the beginning and end of the forest economics section of broader resource economics courses. Thus, the focus of forest economics has been understandably supply-sided. Once the assessment of forest resources goes beyond stand management to include prices and markets, however, demand analysis plays an equally important role.
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Abt, R.C., Ahn, S. (2003). Timber Demand. In: Sills, E.O., Abt, K.L. (eds) Forests in a Market Economy. Forestry Sciences, vol 72. Springer, Dordrecht. https://doi.org/10.1007/978-94-017-0219-5_9
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DOI: https://doi.org/10.1007/978-94-017-0219-5_9
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