Theory and Application of Forest Economics by Colin Price

Theory and Application of Forest Economics by Colin Price

Afforestation and deforestation represent major and dramatic transformations in the pattern of land use throughout the world. These frequently controversial changes are often presented as a confrontation between economic, social and environmental forces. "Forest Economics" shows that economics has a crucial role to play in forestry. The author begins by examining the influence of profit-maximizing on the way in which foresters take decisions on harvesting timber, planting forests and the management of crops. The second part of the book considers silvicultural decision-making. It proceeds from optimal rotation determination, via selection of spacing and thinning regimes, to crop improvement and protection decisions, and choice between silvicultural systems. Part 3 is concerned largely with the rationale and applications of cost-benefit analysis. It considers in detail both the evaluation of the social benefits and costs of forestry, and the pricing of factors of production in developing economies. The book's concluding section discusses the role of forestry in the generation of national and regional employment, in state involvement in forestry, in world timber prices and the interpretation of forestry policy at local level.

Colin Price is now a free-lance academic, after a career spanning forty years of teaching and researching in environmental and forestry economics. He received his DPhil in land use economics from Oxford University, having graduated there in forestry. He is author of three books and approximately 250 journal papers. As a result of his academic contributions, Price has been referred to as 'The Father of Landscape Economics'.

SKU	Unavailable
ISBN 13	9780631153665
ISBN 10	0631153667
Title	Theory and Application of Forest Economics
Author	Colin Price
Condition	Unavailable
Binding Type	Paperback
Publisher	John Wiley and Sons Ltd
Year published	1989-05-11
Number of pages	416
Cover note	Book picture is for illustrative purposes only, actual binding, cover or edition may vary.