Forestry's golden rule and the development of the optimal forest rotation literature

Author: Newman D.H.^{1, *}

Source: Journal of Forest Economics, Volume 8, Number 1, May 2002 , pp. 5-27(23)

Publisher: Urban & Fischer

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Abstract:

In this paper, a discussion of the development of the optimal forest rotation literature and an extensive bibliography is presented. The body of literature has grown at an almost constant rate for the past two decades, with no apparent let-up likely. A total of 313 published works have appeared in books and over sixty journals, with individuals contributing to this body of work. Developed from the relatively simple question of the determination of the value of timberland, the optimal rotation literature has grown into a mature discussion that embodies a full range of issues and topics.

Keywords: Faustmann; timber harvest; forest management

Language: English

Document Type: Research article

Affiliations: 1: Warnell School of Forest Resources, University of Georgia, Athens, USA *

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