On the base of analysis of the existing management system of the forestry sector symptoms of deepening crisis in forestry management, forests and forest industry in the years after 1997 are identified. They are systemized and directions of their removal are suggested. The main conclusion, which...

This article reviews the development of interest in the relationship between forestry and rural development in developed countries and, using evidence from recent research in Europe, suggests a need for a widening of the methods by which economic impacts are investigated. This need for a...

The aim of the paper is to identify factors, affecting innovation activities of enterprises in Bulgarian wood processing. The database used and the methodology applied are developed by R. Chobanova on the base of OECD Oslo manual requirements. The results presented concern: a) internal and...

The paper presents data on the forest resource development in Bulgaria during the 20th century, as well as contemporary challenges. It is summarized that during the last 14 years, forestry in Bulgaria has passed through numeral structural and economic changes, directed to its adaptation to...

This article has made an attempt to assess the prospect of sustainable forest management for an emerging economy, like India, where the area under forest coverage has gone up marginally over the last three decades in spite of population growth and rapid urbanization. A conscious attempt towards...

Improving information about individual opportunity costs of deforestation agents has the potential to increase the efficiency of REDD when it takes the form of a payment for environmental services scheme. However, objectives pursued in REDD projects may vary across policy makers. Within a...

We conduct a social dilemma experiment in which real-world leaders can punish group members as a third party. Despite facing an identical environment, leaders are found to take remarkably different punishment approaches. The different leader types revealed experimentally explain the relative...

The paper provides a continuous-time version of the discrete-time Mitra–Wan model of optimal forest management, where trees are harvested to maximize the utility of timber flow over an infinite time horizon. The available trees and the other parameters of the problem vary continuously with...

National-level strategies for reducing emissions from deforestation and degradation (REDD), financed by international transfers, have begun to emerge. A three-sector model is developed to explore the economy-wide effects of two policies implemented by a government participating in REDD that...

This paper extends the forestry maximum principle of Heaps (1984) to allow the benefits of harvesting to be the utility of the volume of the wood harvested as in Mitra and Wan (1985, 1986). Unlike those authors, however, time is treated as a continuous rather than as a discrete variable....