Non-timber benefits (NTBs) are increasingly being compared with timber values in the crafting of multifunctional forest policies. Since most NTBs are non-marketable goods, special valuation methods are developed for their evaluation. Due to cost and time requirements, it is neither feasible nor...

This paper examines factors determining willingness to contribute to collective forest management at Godere Forest Priority Area in the Gambela Region of Ethiopia. Using data collected from 160 households, we tested a number of hypotheses. Results show that households that perceived destruction,...

This paper analyzes socially optimal forest taxation when the government has a binding tax revenue requirement. In the Faustmann model the optimal design of forest taxation consists of non-distortionary taxes, such as site productivity tax, site value tax or profit tax. A combination of...

Previous studies have reported significant gains from adaptive harvest strategies when future timber prices are uncertain. For the final harvest decision in even-aged stand management, the adaptive strategy typically means that a stand is harvested only when the timber price is high, whereas low...

Economic optimization of silvicultural strategies is usually based maximization of (expected) present value, prices and costs being based on historical information. However, in some cases forest owners may have strong opinions regarding the character of future timber markets, conflicting with...

The following paper presents a detailed insight about the situation of the forest management in the diversity within the Mediterranean Forests, and their response to different problems, in order to allow the development and application of a forest management model. Therefore, a survey was...

The issues of sustainability, efficiency, and profitability in private forestry dominated debate on Finnish and Swedish forest policy throughout the 20th century. The management and utilization of private forests have been significant for these countries since more than half of productive forest...