Differences in Silvicultural Investment Under Various Types of Forest Tenure in British Columbia

Authors: Zhang, Daowei; Pearse, Peter H.

Source: Forest Science, Volume 42, Number 4, 1 November 1996 , pp. 442-449(8)

Publisher: Society of American Foresters

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Abstract:

This paper presents empirical evidence on the relationship between forest tenure and investment in silviculture. Silvicultural activities and expenditures on a large number of recently logged tracts in British Columbia, under four distinct forms of tenure, are assessed using a silvicultural investment model based on the conventional theory of capital. The empirical results indicate that silvicultural investment is correlated with security of tenure, and the level of investment under the most secure form--private land--is more than 67% greater than that under the least secure form--Forest Licences. For. Sci. 42(4):442-449.

Keywords: Economic incentives; policy; property rights; timber

Document Type: Journal Article

Affiliations: Professor of Forestry at the University of British Columbia, Vancouver, B.C. Canada, V6T 1Z4

Publication date: November 1, 1996

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.
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