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Efficient Multiple-Use Forestry May Require Land-Use Specialization: Reply

In a reply to a comment on the article Efficient Multiple-Use Forestry May Require Land-Use Specialization, Helfand and Whitney (1994) (HW) do not contest that dominant use is superior to multiple use when production at the stand level has the characteristics depicted in the article. Instead, they i...

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Bibliographic Details
Published in:Land economics 1994-08, Vol.70 (3), p.396-397
Main Authors: Vincent, Jeffrey R., Binkley, Clark S.
Format: Article
Language:English
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Summary:In a reply to a comment on the article Efficient Multiple-Use Forestry May Require Land-Use Specialization, Helfand and Whitney (1994) (HW) do not contest that dominant use is superior to multiple use when production at the stand level has the characteristics depicted in the article. Instead, they interpret this figure with reference to standard neoclassical assumptions about producer behavior. This is a valuable insight, as it links the graphical results to qualitatively similar findings in recent, more analytical studies. However, HW have made some false claims. Details are provided.
ISSN:0023-7639
1543-8325
DOI:10.2307/3146540