The Economics of U.S. Nonindustrial Private Forests
The Economics of U.S. Nonindustrial Private Forests

Author: Marion Clawson

Publisher: Routledge

Published: 2015-09-16

Total Pages: 380

ISBN-13: 1317357280

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The nonindustrial private forests are a large and valuable national resource and the best possible understanding of their characteristics, capabilities, and potentials is useful for the formation of national policy on natural resources. In this title, originally published in 1979, Marion Clawson presents an informative description and analysis of the nonindustrial private forests of the United States and offers his best judgement as to the economic potential of these forests to produce wood and other forest outputs. This book is directed to foresters, economists, policy makers, conservationists, and students interested in environmental issues.

Report of the Forest Service
Report of the Forest Service

Author: United States. Forest Service

Publisher:

Published: 1985

Total Pages: 586

ISBN-13:

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Combined reports of: Report to Congress and Report for the Secretary of Agriculture.

Post-Faustmann Forest Resource Economics
Post-Faustmann Forest Resource Economics

Author: Shashi Kant

Publisher: Springer Science & Business Media

Published: 2013-02-11

Total Pages: 299

ISBN-13: 9400757786

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The current paradigm of forest economics is based on Faustmann Formulation (FF) of land expectation value proposed by Martin Faustmann. It was a great achievement by a forester to propose a formulation that captures some fundamental economic features of capital theory which. However, the followers of the FF approach have trapped themselves into the past, and have not shown any indication of economic acumen of the great Faustmann. This has resulted in a common problem in the current paradigm of forest economics, known as Faustmann Forest Resource Economics (FFRE), to prescribe the application of a single (FF) approach to all situations irrespective of the specific features of the situation. The current state of forest economics is similar to that of neoclassical economics, and is full of inefficiencies. In neoclassical economics, inefficiencies are due to its “locked-in” position in rational economic man, while in forest economics inefficiencies are due to its “locked-in” position in the FF. The focus of this volume is on the new paradigm of forest economics termed as Post-Faustmann Forest Resource Economics (PFFRE). The first chapter lays the foundation of the PFFRE, and presents the key distinctions between the FFRE and the PFFRE. The volume includes twelve other chapters that address issues related to forest economics from perspectives different than the FFRE. Chapter 2 to 6 are focused on issues related to human behavior that is different than the rational economic man, Chapter 7 and 8 on public choice theory, Chapter 9 and 10 on systems approaches, and Chapter 11 to 13 on incremental approaches to incorporate new features in the FFRE.