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Economics and Management of Industrial Forest Plantations

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The Management of Industrial Forest Plantations

Part of the book series: Managing Forest Ecosystems ((MAFE,volume 33))

Abstract

This chapter deals with the basic principles underlying the optimum economic management of the industrial forest plantations. With this purpose the presentation will start with the introduction of basic concepts of the investment analysis, which will serve as a basis for explaining the tools most usually employed for analysing the profitability of this kind of investments. After this, the concept as well as the optimum economic determination of the forest rotation age will be analysed. Once the investment analysis and optimal forest rotation concepts have been reviewed, we focus in the basic aspects of forest valuation. Finally, an operations research technique used to optimize stand management planning decisions, as dynamic programming, will be shown.

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Notes

  1. 1.

    http://www.appraisalfoundation.org/

  2. 2.

    http://www.ivsc.org/

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Author information

Authors and Affiliations

  1. Departamento de Economía y Gestión Forestal, ETS Ingenieros de Montes, Technical University of Madrid, Madrid, Spain

    Luis Diaz-Balteiro

  2. ETS Ingenieros de Montes, Technical University of Madrid, Madrid, Spain

    Carlos Romero

  3. Department of Forest Sciences, University of São Paulo, São Paulo, Brazil

    Luiz C. E. Rodriguez

  4. Department of Forest Management, Atrium Forest Consulting, São Paulo, Brazil

    Silvana Ribeiro Nobre

  5. Forest Research Centre, School of Agriculture, University of Lisbon, Lisbon, Portugal

    José G. Borges

Authors
  1. Luis Diaz-Balteiro
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  2. Carlos Romero
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  3. Luiz C. E. Rodriguez
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  4. Silvana Ribeiro Nobre
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  5. José G. Borges
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Corresponding author

Correspondence to Luis Diaz-Balteiro .

Editor information

Editors and Affiliations

  1. School of Agriculture, University of Lisbon, Lisbon, Portugal

    José G. Borges

  2. Dept de Economía y Gestión Forestal, Technical University of Madrid, Madrid, Spain

    Luis Diaz-Balteiro

  3. Department of Ecosystem Science and Management, Pennsylvania State University, University Park, Pennsylvania, USA

    Marc E. McDill

  4. Department of Forest Sciences, University of São Paulo, Piracicaba, São Paulo, Brazil

    Luiz C.E. Rodriguez

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Diaz-Balteiro, L., Romero, C., Rodriguez, L.C.E., Nobre, S.R., Borges, J.G. (2014). Economics and Management of Industrial Forest Plantations. In: Borges, J., Diaz-Balteiro, L., McDill, M., Rodriguez, L. (eds) The Management of Industrial Forest Plantations. Managing Forest Ecosystems, vol 33. Springer, Dordrecht. https://doi.org/10.1007/978-94-017-8899-1_5

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