Beschreibung:
'Forestry involves using land, labour and capital to produce goods and services from forests, and economics helps in understanding how we can do this in ways that will best meet the needs of people.' -- from the Preface
Forestry's economic perspective; Economic efficiency, market processes, and market limitations; Timber supply, demand, and pricing; Unpriced forest values; Land allocation and multiple use; Valuation over time and investment criteria; The optimum forest rotation; Regulating harvests over time; Property rights and tenure systems; Taxes and other charges; Developments in forestry economics.