Forest management in an urbanizing landscape

Detalhes bibliográficos
Autor(a) principal: Cunha-e-Sá, Maria A.
Data de Publicação: 2013
Outros Autores: Fernandes Franco, Sofia
Tipo de documento: Artigo
Idioma: eng
Título da fonte: Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
Texto Completo: http://hdl.handle.net/10362/11134
Resumo: This paper aims at building a theoretical framework to examine the impact of development pressure on private owner’s forest management practices, namely, on regeneration and conversion cut dates. As the rent for developed land is rising over time, our model creates the possibility of switching from forestry to residential use at some point in the future, thus departing from the Faustmann’s traditional setup. Comparative statics results with respect to stumpage prices, regeneration costs and urban growth parameters are provided. The results obtained depend on the impact on the opportunity cost of holding the stand and the impact on the opportunity cost of holding the land, generalizing Faustmann’s unambiguous results.
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spelling Forest management in an urbanizing landscapeurban growthincreasing residential rentsforest management practicesThis paper aims at building a theoretical framework to examine the impact of development pressure on private owner’s forest management practices, namely, on regeneration and conversion cut dates. As the rent for developed land is rising over time, our model creates the possibility of switching from forestry to residential use at some point in the future, thus departing from the Faustmann’s traditional setup. Comparative statics results with respect to stumpage prices, regeneration costs and urban growth parameters are provided. The results obtained depend on the impact on the opportunity cost of holding the stand and the impact on the opportunity cost of holding the land, generalizing Faustmann’s unambiguous results.UECE (Research Unit on Complexity and Economics) is financially supported by FCT (Fundação para a Ciência e a Tecnologia), Portugal. This paper is part of the Strategic Project PEst-OE/EGE/UI0436/2011 and also benefited from financial support under the project PTDC/EGE-ECO/113403/2009. University of California MRPI Project: Virtual Co-laboratory for Policy Analysis in Greater L.A.Nova SBERUNCunha-e-Sá, Maria A.Fernandes Franco, Sofia2014-01-22T18:51:09Z2013-112013-11-01T00:00:00Zinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/articleapplication/pdfhttp://hdl.handle.net/10362/11134enginfo: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:RCAAP2024-03-11T03:45:27Zoai:run.unl.pt:10362/11134Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireopendoar:71602024-03-20T03:20:05.123753Repositório 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 Forest management in an urbanizing landscape
title Forest management in an urbanizing landscape
spellingShingle Forest management in an urbanizing landscape
Cunha-e-Sá, Maria A.
urban growth
increasing residential rents
forest management practices
title_short Forest management in an urbanizing landscape
title_full Forest management in an urbanizing landscape
title_fullStr Forest management in an urbanizing landscape
title_full_unstemmed Forest management in an urbanizing landscape
title_sort Forest management in an urbanizing landscape
author Cunha-e-Sá, Maria A.
author_facet Cunha-e-Sá, Maria A.
Fernandes Franco, Sofia
author_role author
author2 Fernandes Franco, Sofia
author2_role author
dc.contributor.none.fl_str_mv RUN
dc.contributor.author.fl_str_mv Cunha-e-Sá, Maria A.
Fernandes Franco, Sofia
dc.subject.por.fl_str_mv urban growth
increasing residential rents
forest management practices
topic urban growth
increasing residential rents
forest management practices
description This paper aims at building a theoretical framework to examine the impact of development pressure on private owner’s forest management practices, namely, on regeneration and conversion cut dates. As the rent for developed land is rising over time, our model creates the possibility of switching from forestry to residential use at some point in the future, thus departing from the Faustmann’s traditional setup. Comparative statics results with respect to stumpage prices, regeneration costs and urban growth parameters are provided. The results obtained depend on the impact on the opportunity cost of holding the stand and the impact on the opportunity cost of holding the land, generalizing Faustmann’s unambiguous results.
publishDate 2013
dc.date.none.fl_str_mv 2013-11
2013-11-01T00:00:00Z
2014-01-22T18:51:09Z
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