In general most nature-based recreational goods and benefits are considered positive externalities of production, as they are usually not subject to trade. So far, a low degree of rivalry among most user groups and legally defined rights has secured these benefits as almost a public good. Yet,...

A matrix growth model suitable for analysis of uneven-aged forest management is developed based on recursive equations represented on matrix form. The equations consist of transition probabilities forming part of application of Markov chain theory, which describe growth between diameter classes,...

In this study we analyse economic aspects of conversion of even-aged beech (Fagus sylvatica L.) stands to near-natural, uneven-aged forests. Growth is modelled using a matrix approach based on a new distance-independent individual tree growth model developed for beech in Denmark. The analyses...

Near natural forest management is performed by use of domestic tree species that are able to regenerate naturally. One of the long-term key objectives is to achieve more structural richness in the form of uneven-aged mixed species forests dependent on so-called forest development types that are...

Within conservation literature increasing attention is on conservation opportunity valuing actual implementation. Previously focus has been on conservation priority among areas with the highest biological value or lowest cost. However, when nature management has to take place on private land...

This paper examines attributes that influence the price on hunting leases in Denmark. Landowners have the right to hunt on their land and the possibility to lease out this hunting right. The lease of hunting rights contributes to the landowners’ income and in order to optimize total income it...

In 1989 the Danish Parliament announced it an official goal of the forest policy to double the Danish forest area in 60-100 years. One of the goals of this policy was to improve the recreational possibilities for the urban population. Therefore focus has been on furthering public afforestation...

In this short paper I analyse the development of returns to forest land in Denmark for the period 1947 to 2007. The data used are fairly unique time series of forest enterprises annual accounts in combination with property value assessments over the entire period. They allow for a dissection of...