Integrating selected ecological effects of mixed European beech–Norway spruce stands in bioeconomic modelling

Thomas Knoke and Thomas Seifert

Ecological Modelling, 2008, vol. 210, issue 4, 487-498

Abstract: The simplicity of many bioeconomic models has been criticised several times, due to their lack of realism resulting from a deterministic nature and a single-species focus. In this context it was interesting to test the financial sensitivity of bioeconomic modelling against fairly well documented ecological effects in mixed forests. For this purpose our study linked existing results of ecological research with bioeconomic modelling. The presented methodological approach could not only show the importance of considering ecological effects in bioeconomic models; it in fact enabled prioritising ecological research from a financial point of view.

Keywords: Mixing tree species; Ecological interdependence; Risk compensation; Ecosystem resistance; Volume growth; Timber quality; Financial modelling; Profitability (search for similar items in EconPapers)
Date: 2008
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (14)

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0304380007004206
Full text for ScienceDirect subscribers only

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:ecomod:v:210:y:2008:i:4:p:487-498

DOI: 10.1016/j.ecolmodel.2007.08.011

Access Statistics for this article

Ecological Modelling is currently edited by Brian D. Fath

More articles in Ecological Modelling from Elsevier
Bibliographic data for series maintained by Catherine Liu ().