The optimal single forest rotation under climatic fluctuation effect

Haili Jia

No 35443, 2006 Annual Meeting, February 5-8, 2006, Orlando, Florida from Southern Agricultural Economics Association

Abstract: The stochastic impact of the "climatic fluctuation effect" is introduced in the traditional determinant timber growth model and optimal harvesting strategies are derived under different stochastic "climatic fluctuation effect" patterns. Results show that properties of different patterns significantly affect the forms of the optimal harvesting rules.

Keywords: Resource/Energy; Economics; and; Policy (search for similar items in EconPapers)
Pages: 13
Date: 2006
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Persistent link: https://EconPapers.repec.org/RePEc:ags:saeaso:35443

DOI: 10.22004/ag.econ.35443

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