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More on Forest Regulation: An LP Perspective

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Abstract:

Optimal solutions to some 2500 linear programming formulations were compared to examine the impact of forest regulation constraints. The solutions demonstrate that regulation can be expensive, with no simple rules available to describe how a regulated forest can best be achieved or what rotation age should be used for the regulated forest. The optimal rotation age can be longer or shorter than the Faustmann rotation, but results strongly suggest that the optimal rotation will be close to the Faustmann rotation if long conversion periods are used. The cost of regulation can be sensitive to the length of the conversion period, the initial age distribution of the forest, stability constraints on harvests during the conversion period, and the range of management options and rotation ages possible. Large cost savings are sometimes possible with relatively small increases in the length of the conversion period. The need to hold land idle during the conversion period can substantially increase the cost of regulation. FOR. SCI. 39(2):321-347.

Keywords: Faustmann formula; harvest scheduling; linear programming

Document Type: Journal Article

Affiliations: Research Associate, Department of Forest Resources, University of Minnesota, 115 Green Hall, 1530 North Cleveland Avenue, St Paul, MN 55108

Publication date: 1993-05-01

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

    Average time from submission to first decision: 62.5 days*
    June 1, 2016 to Feb. 28, 2017

    Also published by SAF:
    Journal of Forestry
    Other SAF Publications
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