Optimal choice between even- and uneven-aged forestry: the case of non-industrial private forest owners

Detalhes bibliográficos
Autor(a) principal: Lourenço, Nuno André Nunes
Data de Publicação: 2015
Tipo de documento: Dissertação
Idioma: eng
Título da fonte: Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
Texto Completo: http://hdl.handle.net/10362/15089
Resumo: An infinite-horizon discrete time model with multiple size-class structures using a transition matrix is built to assess optimal harvesting schedules in the context of Non-Industrial Private Forest (NIPF) owners. Three model specifications accounting for forest income, financial return on an asset and amenity valuations are considered. Numerical simulations suggest uneven-aged forest management where a rational forest owner adapts her or his forest policy by influencing the regeneration of trees or adjusting consumption dynamics depending on subjective time preference and market return rate dynamics on the financial asset. Moreover she or he does not value significantly non-market benefits captured by amenity valuations relatively to forest income.
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spelling Optimal choice between even- and uneven-aged forestry: the case of non-industrial private forest ownersUneven-aged managementOptimal harvesting scheduleFinancial assetAmenity valuationSize- structured modelAn infinite-horizon discrete time model with multiple size-class structures using a transition matrix is built to assess optimal harvesting schedules in the context of Non-Industrial Private Forest (NIPF) owners. Three model specifications accounting for forest income, financial return on an asset and amenity valuations are considered. Numerical simulations suggest uneven-aged forest management where a rational forest owner adapts her or his forest policy by influencing the regeneration of trees or adjusting consumption dynamics depending on subjective time preference and market return rate dynamics on the financial asset. Moreover she or he does not value significantly non-market benefits captured by amenity valuations relatively to forest income.NSBE - UNLCunha-e-Sá, Maria AntonietaRUNLourenço, Nuno André Nunes2015-06-05T13:46:25Z2015-012015-01-01T00:00:00Zinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/masterThesisapplication/pdfhttp://hdl.handle.net/10362/15089TID:201476320enginfo:eu-repo/semantics/openAccessreponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãoinstacron:RCAAP2024-03-11T03:50:43Zoai:run.unl.pt:10362/15089Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireopendoar:71602024-03-20T03:22:17.079475Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãofalse
dc.title.none.fl_str_mv Optimal choice between even- and uneven-aged forestry: the case of non-industrial private forest owners
title Optimal choice between even- and uneven-aged forestry: the case of non-industrial private forest owners
spellingShingle Optimal choice between even- and uneven-aged forestry: the case of non-industrial private forest owners
Lourenço, Nuno André Nunes
Uneven-aged management
Optimal harvesting schedule
Financial asset
Amenity valuation
Size- structured model
title_short Optimal choice between even- and uneven-aged forestry: the case of non-industrial private forest owners
title_full Optimal choice between even- and uneven-aged forestry: the case of non-industrial private forest owners
title_fullStr Optimal choice between even- and uneven-aged forestry: the case of non-industrial private forest owners
title_full_unstemmed Optimal choice between even- and uneven-aged forestry: the case of non-industrial private forest owners
title_sort Optimal choice between even- and uneven-aged forestry: the case of non-industrial private forest owners
author Lourenço, Nuno André Nunes
author_facet Lourenço, Nuno André Nunes
author_role author
dc.contributor.none.fl_str_mv Cunha-e-Sá, Maria Antonieta
RUN
dc.contributor.author.fl_str_mv Lourenço, Nuno André Nunes
dc.subject.por.fl_str_mv Uneven-aged management
Optimal harvesting schedule
Financial asset
Amenity valuation
Size- structured model
topic Uneven-aged management
Optimal harvesting schedule
Financial asset
Amenity valuation
Size- structured model
description An infinite-horizon discrete time model with multiple size-class structures using a transition matrix is built to assess optimal harvesting schedules in the context of Non-Industrial Private Forest (NIPF) owners. Three model specifications accounting for forest income, financial return on an asset and amenity valuations are considered. Numerical simulations suggest uneven-aged forest management where a rational forest owner adapts her or his forest policy by influencing the regeneration of trees or adjusting consumption dynamics depending on subjective time preference and market return rate dynamics on the financial asset. Moreover she or he does not value significantly non-market benefits captured by amenity valuations relatively to forest income.
publishDate 2015
dc.date.none.fl_str_mv 2015-06-05T13:46:25Z
2015-01
2015-01-01T00:00:00Z
dc.type.status.fl_str_mv info:eu-repo/semantics/publishedVersion
dc.type.driver.fl_str_mv info:eu-repo/semantics/masterThesis
format masterThesis
status_str publishedVersion
dc.identifier.uri.fl_str_mv http://hdl.handle.net/10362/15089
TID:201476320
url http://hdl.handle.net/10362/15089
identifier_str_mv TID:201476320
dc.language.iso.fl_str_mv eng
language eng
dc.rights.driver.fl_str_mv info:eu-repo/semantics/openAccess
eu_rights_str_mv openAccess
dc.format.none.fl_str_mv application/pdf
dc.source.none.fl_str_mv reponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação
instacron:RCAAP
instname_str Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação
instacron_str RCAAP
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reponame_str Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
collection Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
repository.name.fl_str_mv Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação
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