The Management of Industrial Forest Plantations pp 121-170

Part of the Managing Forest Ecosystems book series (MAFE, volume 33) | Cite as

Economics and Management of Industrial Forest Plantations

  • Luis Diaz-Balteiro
  • Carlos Romero
  • Luiz C. E. Rodriguez
  • Silvana Ribeiro Nobre
  • José G. Borges
Chapter

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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Copyright information

© Springer Science+Business Media Dordrecht 2014

Authors and Affiliations

  • Luis Diaz-Balteiro
    • 1
  • Carlos Romero
    • 2
  • Luiz C. E. Rodriguez
    • 3
  • Silvana Ribeiro Nobre
    • 4
  • José G. Borges
    • 5
  1. 1.Departamento de Economía y Gestión Forestal, ETS Ingenieros de MontesTechnical University of MadridMadridSpain
  2. 2.ETS Ingenieros de MontesTechnical University of MadridMadridSpain
  3. 3.Department of Forest SciencesUniversity of São PauloSão PauloBrazil
  4. 4.Department of Forest ManagementAtrium Forest ConsultingSão PauloBrazil
  5. 5.Forest Research Centre, School of AgricultureUniversity of LisbonLisbonPortugal

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