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Notes: Uneven-Aged Stand Management and the Value of Forest Land

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A matrix growth model of a selection forest is used to investigate the Land Expectation Value of forest land managed under an uneven-aged management system. The Land Expectation Value is the present value of harvests during a conversion from the existing stand structure to an economically superior stand structure plus the discounted sum of all future yields once the conversion has been completed. The Land Expectation Value is demonstrated to be dependent on the initial stand structure and the length of the conversion period. Forest Values are calculated giving the total value of land and growing stock. Forest Sci. 31:116-121.

Keywords: Investment-effecient stand; land expectation value

Document Type: Miscellaneous

Affiliations: Assistant Professor, School of Forest Resources, Penn State University

Publication date: March 1, 1985

More about this publication?
  • Forest Science is a peer-reviewed journal publishing fundamental and applied research that explores all aspects of natural and social sciences as they apply to the function and management of the forested ecosystems of the world. Topics include silviculture, forest management, biometrics, economics, entomology & pathology, fire & fuels management, forest ecology, genetics & tree improvement, geospatial technologies, harvesting & utilization, landscape ecology, operations research, forest policy, physiology, recreation, social sciences, soils & hydrology, and wildlife management.
    Forest Science is published bimonthly in February, April, June, August, October, and December.

    2015 Impact Factor: 1.702
    Ranking: 16 of 66 in forestry

    Also published by SAF:
    Journal of Forestry
    Other SAF Publications
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