Policy instruments for developing planted forests: Theory and practices in China, the U.S., Brazil, and France

Daowei Zhang, Anne Stenger () and Patrice A. Harou

Journal of Forest Economics, 2015, vol. 21, issue 4, 223-237

Abstract: Planted forests are seen as a means to meet increasing demand for timber and environmental services and thus to achieve sustainable forest development. In this paper, we use the Faustmann–Hartman silvicultural investment model to demonstrate how policy instruments influence planted forest development and review such a development in China, the U.S., Brazil, and France. We find that planted forests emerge because of scarcity in timber and environmental services and develop in response to economic and policy and institutional instruments, including secure property rights, stumpage price policy, and efficient forestry governance and administration.

Keywords: Planted forest development; Market factors; Silvicultural investment model; Scarcity; Policy; Property rights (search for similar items in EconPapers)
JEL-codes: D24 Q15 Q23 Q28 (search for similar items in EconPapers)
Date: 2015
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Citations: View citations in EconPapers (3)

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DOI: 10.1016/j.jfe.2015.09.004

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