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A dynamic bioeconomic analysis of mountain pine beetle epidemics

Charles Sims, David Aadland () and David Finnoff

Journal of Economic Dynamics and Control, 2010, vol. 34, issue 12, 2407-2419

Abstract: In this paper, we develop a bioeconomic model of timber harvesting that includes dynamic interactions between mountain pine beetle (MPB) and a lodgepole pine forest with a disaggregated size structure. The model is used to investigate the consequences of alternative public management strategies on forest dynamics in the presence of MPB outbreaks. Management practices similar to those commonly practiced are shown to increase the severity of MPB cycles. Centrally coordinated forest management can eliminate MPB cycles and lessen the impacts of MPB outbreaks with only small reductions in the long-run stock of adult trees.

Keywords: Mountain; pine; beetle; Cycles; Stock; externality; Public; forest; management (search for similar items in EconPapers)
Date: 2010
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Citations: View citations in EconPapers (17)

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Journal of Economic Dynamics and Control is currently edited by J. Bullard, C. Chiarella, H. Dawid, C. H. Hommes, P. Klein and C. Otrok

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