The economics of home grown forestry

Costs of applying silvicultural treatments prescribed to increase yields of timber and non-timber forest products from natural forests should be calculated differently for industrial logging companies, private non-industrial forest owners, and community based forest management operations. For forest...

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Bibliographic Details
Main Author: Putz, F.E.
Format: Journal Article
Language:Inglés
Published: 2000
Subjects:
Online Access:https://hdl.handle.net/10568/18183
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author Putz, F.E.
author_browse Putz, F.E.
author_facet Putz, F.E.
author_sort Putz, F.E.
collection Repository of Agricultural Research Outputs (CGSpace)
description Costs of applying silvicultural treatments prescribed to increase yields of timber and non-timber forest products from natural forests should be calculated differently for industrial logging companies, private non-industrial forest owners, and community based forest management operations. For forest owners who are not concerned solely with maximising short-term profits from their forests, the opportunity costs of forest labour are often lower than official minimum wages. Furthermore, for forest owners who do not have ready access to interest accruing savings mechanisms or where bank solvency is in question, the opportunity costs of waiting for long rotation forest crops to mature may not be as high as public interest rates would suggest. Both the true costs of management and the multitude of marketed and non-marketed benefits from well-managed natural forests need to be considered when assessing forestry as one component of a diverse portfolio of conservation options.
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spelling CGSpace181832025-01-24T14:21:02Z The economics of home grown forestry Putz, F.E. costs community forestry forest products industry silviculture forest products yield increases nature conservation Costs of applying silvicultural treatments prescribed to increase yields of timber and non-timber forest products from natural forests should be calculated differently for industrial logging companies, private non-industrial forest owners, and community based forest management operations. For forest owners who are not concerned solely with maximising short-term profits from their forests, the opportunity costs of forest labour are often lower than official minimum wages. Furthermore, for forest owners who do not have ready access to interest accruing savings mechanisms or where bank solvency is in question, the opportunity costs of waiting for long rotation forest crops to mature may not be as high as public interest rates would suggest. Both the true costs of management and the multitude of marketed and non-marketed benefits from well-managed natural forests need to be considered when assessing forestry as one component of a diverse portfolio of conservation options. 2000 2012-06-04T09:06:10Z 2012-06-04T09:06:10Z Journal Article https://hdl.handle.net/10568/18183 en Putz, F.E. 2000. The economics of home grown forestry . Ecological Economics 32 :9-14. ISSN: 0921-8009.
spellingShingle costs
community forestry
forest products industry
silviculture
forest products
yield increases
nature conservation
Putz, F.E.
The economics of home grown forestry
title The economics of home grown forestry
title_full The economics of home grown forestry
title_fullStr The economics of home grown forestry
title_full_unstemmed The economics of home grown forestry
title_short The economics of home grown forestry
title_sort economics of home grown forestry
topic costs
community forestry
forest products industry
silviculture
forest products
yield increases
nature conservation
url https://hdl.handle.net/10568/18183
work_keys_str_mv AT putzfe theeconomicsofhomegrownforestry
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