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Keywords: even-aged stand
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Journal Articles
Journal:
Journal of Forest Economics
Journal of Forest Economics (2010) 16 (1): 35–46.
Published: 01 January 2010
... individually exhibit non-monotonicity to the increase in site quality. 03 09 2008 08 05 2009 © 2009 Elsevier GmbH 2009 Elsevier GmbH Licensed re-use rights only Even-aged stand Faustmann formula Natural resource management C61 D21 Q23 At present, timber is receiving...
Journal Articles
Journal:
Journal of Forest Economics
Journal of Forest Economics (1999) 5 (3): 413–439.
Published: 31 December 1999
...Peichen Gong The optimal harvest decision policy for even-aged stand management when timber price follows a first-order autoregressive process is investigated. It is proved that the expected present value of an even-aged stand at any age is an increasing and convex function of the timber price...
