THE COMPARATIVE STATICS OF THE FAUSTMANN MODEL OF FOREST MANAGEMENT

The solution to the problem of how long a present valve maximizing forester should let trees grow has a long history in the literature of economics and forestry. Until recently, however, the comparative statics of the forestry problem when there are two decision variables, an initial input at the time of regeneration of the stand and the rotation period, had not been investigated. In this paper we offer a generalization, clarification, and extension of some recent works in this area.


Issue Date:
1983
Publication Type:
Working or Discussion Paper
PURL Identifier:
http://purl.umn.edu/14215
Total Pages:
36
Series Statement:
Staff Paper P83-23




 Record created 2017-04-01, last modified 2017-08-23

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