On the economics of forest vintages

DOI10.1016/S0165-1889(02)00065-9zbMath1178.91144OpenAlexW2066556627MaRDI QIDQ951365

Olli Tahvonen, Seppo Salo

Publication date: 24 October 2008

Published in: Journal of Economic Dynamics \& Control (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/s0165-1889(02)00065-9

zbMATH Keywords

vintage capitalendogenous cyclesFaustmann rotation

Mathematics Subject Classification ID

Environmental economics (natural resource models, harvesting, pollution, etc.) (91B76)

Related Items (18)

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Cites Work

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• The economics of forestry when the rate of harvest is constrained
• Vintage capital, investment, and growth
• Replacement echoes in the vintage capital growth model
• Numerical solution by iterative methods of a class of vintage capital models
• On equilibrium cycles and normal forests in optimal harvesting of tree vintages
• Some Theoretical Results on the Economics of Forestry
• Optimal Growth, Resource Amenities and the Preservation of Natural Environments
• OPTIMAL HARVESTING MODELS IN FOREST MANAGEMENT - A SURVEY
• Revisiting the Mitra-Wan Tree Farm
• Optimal forest rotation and land values under a borrowing constraint.

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