http://www.auburn.edu/~polyama/msc/thes.pdf Valuation of Forest in Ukraine In this master thesis there's a good introduction to what Faustmanns Rule is...
someone feel like writing it clearly in the wikipedia?
- http://research.yale.edu/CCR/environment/papers/touze-montero_termansen.pdf The Faustmann Model as a Special Case
Abstract The Faustmann framework has been extensively used to deal with the rotation problem in forest economics. This paper considers the rotation problem using a
general bioeconomic model which allows for cyclical dynamics as optimal forest policies.
Constraining this general bioeconomic model to represent a clear-cutting regime, we show
that the Faustmann-Hartman result arises as a special case. I'm not sure if this paper has been published in some journal...
- http://eaere2004.bkae.hu/download/paper/viitalapaper.pdf Does Faustmann Rotation Apply to Fully Regulated Forests?
Abstract
Forest economics literature contains two lines of research in which the Faustmann
rotation is taken to be invalid for continuous harvesting, i.e. for normal or fully
regulated forests. As alternatives, "a marginal model for divisible forest capital" and "a
regular profit model for timber production" have been proposed and applied. On the
other hand, recent forest economics has provided vast evidence that the Faustmann
rotation is the long term stationary state in rotation models with multiple age-classes. In
this paper we attempt to clear up this contradiction in the literature by showing that the
two approaches deviating from the Faustmann approach yield the same rotation period.
The deviation is due to the fact that the models are based on incorrect formulas for the
value of a normal forest.
Key words: Faustmann model, normal forest, regulated forest, optimal rotation
- http://www.wrm.org.uy/plantations/material/book.html
Plantations are not forests (English, Spanish and Portuguese)
World Rainforest Movement
October 2003
This book gathers a selection of articles published in the monthly electronic
bulletin of the World Rainforest Movement (WRM), addressing the issues of
plantations and the struggles developed at the local and global levels against
them.
- http://www.forest.org
start
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