Wildfire Impacts on the Present Net Value of Timber Stands: Illustrations in the Northern Rocky Mountains
Authors: Mills, Thomas J.; Flowers, Patrick J.
Source: Forest Science, Volume 32, Number 3, 1 September 1986 , pp. 707-724(18)
Publisher: Society of American Foresters
Abstract:Change in the present net value of the timber resource as a result of a wildfire is a primary input into the determination of economically efficient fire management programs. A procedure was developed to estimate the change in present net value of timber outputs, termed here "net value change." The timber net value change was then estimated for a large number of hypothetical fire situations in the northern Rocky Mountains to determine how fire situation characteristics affect net value change. Each hypothetical fire situation was described by eight variables: timber management emphasis or objective, cover type, stand size, productivity class, slope class, roading, percent mortality, and fire size. The mean net value change for poletimber stands was greater ($289 per acre burned) than the net value change for seedling and sapling ($148 per acre burned) or sawtimber stands ($133 per acre burned). The timber net value change varied considerably about these means, however, depending on the value of the variables that describe the fire situation. Forest Sci. 32:707-724.
Document Type: Journal Article
Affiliations: Economist, Montana Department of Lands, Division of Forestry, Missoula, MT
Publication date: September 1, 1986
- 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.
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