Bequests, Credit Rationing and in situ Values in the Faustmann-Pressler-Ohlin Forestry Model

DOI10.1111/1467-9442.00136zbMATH Open0919.90043OpenAlexW1964614025MaRDI QIDQ4244615FDOQ4244615

Authors: O. Tahvonen 

Publication date: 31 May 1999

Published in: Scandinavian Journal of Economics (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1111/1467-9442.00136

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zbMATH Keywords

forestryoptimal stopping timeoptimal aging processrotation model

Mathematics Subject Classification ID

Environmental economics (natural resource models, harvesting, pollution, etc.) (91B76) Economic growth models (91B62) Application models in control theory (93C95)

Cited In (8)

• Optimal forestry contract with interdependent costs
• Optimal forest policies in an overlapping generations economy with timber and money bequests.
• A point-input, point-output forest as a microprototype for capital accounting
• Taxation and rotation age under stochastic forest stand value
• Optimal forest rotation and land values under a borrowing constraint.
• The convergence of optimal forestry control
• OPTIMAL CHOICE BETWEEN EVEN- AND UNEVEN-AGED FORESTRY
• FOREST ROTATIONS AND STAND INTERDEPENDENCY: OWNERSHIP STRUCTURE AND TIMING OF DECISIONS

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