EconPapers    
Economics at your fingertips  
 

Options for maintaining forest productivity after natural disturbance: A principal–agent approach

Tim Bogle and Gerrit van Kooten

Forest Policy and Economics, 2013, vol. 26, issue C, 138-144

Abstract: Historically, British Columbia mandated silvicultural outcomes on public forestland because timber had a sufficiently high value to produce high resource rents. The mountain pine beetle altered the value of pine, reducing rents and impacting the silvicultural re-imbursement of regulated practices. As a result, forest companies continuing to log stands of damaged pine seek to meet the minimum regulatory regeneration outcomes at lowest possible costs.

Keywords: Forest productivity; Silvicultural strategies; Principal–agent relations; Public ownership of forestland (search for similar items in EconPapers)
Date: 2013
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3) Track citations by RSS feed

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S1389934112002079
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:forpol:v:26:y:2013:i:c:p:138-144

DOI: 10.1016/j.forpol.2012.09.005

Access Statistics for this article

Forest Policy and Economics is currently edited by M. Krott

More articles in Forest Policy and Economics from Elsevier
Bibliographic data for series maintained by Catherine Liu ().

 
Page updated 2021-06-30
Handle: RePEc:eee:forpol:v:26:y:2013:i:c:p:138-144