Optimization of Scots pine (Pinus sylvestris) management with the total net return from the value chain

Henna Hurttala, Tianjian Cao and Lauri Valsta

Journal of Forest Economics, 2017, vol. 28, issue C, 1-11

Abstract: Constant unit prices for sawlogs and pulpwood are commonly used in the valuation of a forest stand. We analyzed the optimal management strategy at the stand level in even-aged pine stands in the case where stems are valued based on the prices and predicted quantities of the end products of the sawing process at the stand level (QualityPremiumCase). The QPC was then compared to the base case (BC) in which quality indifferent unit prices are used.

Keywords: Scots pine; Optimal stand management; Sawn wood quality predictions; Process-based growth model (search for similar items in EconPapers)
Date: 2017
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DOI: 10.1016/j.jfe.2017.04.001

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