An economic model underlying the choice of capital intensity in timber production.
Abstract
A study aimed at applying concepts of economic theory relevant to the formulation of a long-term timber production model as a basis of forest policy. A vertically integrated forest sector production model is described, together with its application in a developing economy and the derivation of a dynamic silvicultural investment criterion (in a labour surplus economy).
Citation
Acta Forestalia Fennica. 1988. 204: 1-42.Subject
SimulationForestry production
Forestry policies
Economics
Models
Vertical integration production
Population
Technology
Consumers’ preferences
Intensive silviculture