Coping with non-timber benefits in forest Management: an economic perspectiveAndersson Mats, Kindstrand Claes, Boman Mattias, Mattsson Leif, Gong Peichen
AbstractDuring the last four to five decades there has been an increasing awareness in Sweden that forests provide not only timber but non-timber benefits as well. Accordingly, there has been a growing interest to also involve non-timber benefits in the forest management. To do so is, however, not a straightforward task. In this paper we review economic aspects of how to cope with non-timber benefits in forest management, and we provide a selection of related research of importance in this context. Balancing different forest functions requires attention to externalities and all forest goods involved, as well as to economic efficiency and equity in allocations. The analytical framework for multiple-use forest management includes models that can be divided with regard to stratification of the stand, number of stands and number of periods. A complete analysis calls for a lot of empirical information, e.g. on the economic values or shadow prices of the different forest goods, costs for and cost-efficiency in forestry’s consideration to non-timber demands, and preferences among forest owners in the multiple-use of their forests.
Keywordscost-efficiency; economics; multiple-stand; multiple-use; single-stand; two-period; valuation
Publisher: Institutionen för skogsekonomi
Swedish University of Agricultural Sciences, Department of Forest Economics
UKÄ Subject classification
Economics and Business
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