On the optimization of legislative periods — Similarities to the optimization of rotation periods

Robert Kaiser, Matthias Bösch and Martin Moog

Forest Policy and Economics, 2013, vol. 27, issue C, 1-7

Abstract: The optimal length of legislative periods has been debated extensively throughout history. This study examines the applicability of models known from forestry and forest economics for optimizing rotation periods (Faustmann formula) and deciding whether a forest stand has reached maturity (Pressler's ‘indicator percent’) to the field of politics. After drawing possible analogies between optimizing rotation periods (or investment cycles) and optimizing election periods it is investigated whether empirical evidence exists for the alleged analogies in European democracies.

Keywords: Faustmann formula; Pressler's indicator percent; Rotation period; Legislative period (search for similar items in EconPapers)
Date: 2013
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:forpol:v:27:y:2013:i:c:p:1-7

DOI: 10.1016/j.forpol.2012.10.006

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