Social returns from liquidating excess inventories of public timber

FASTER CONVERSION IS A MEANS OF ACHIEVING GREATER EFFICIENCY IN THE UTILIZATION OF EXISTING TIMBER INVENTORIES, EVEN AFTER ADJUSTMENTS FOR THE MAJOR SHORTCOMINGS IN THE DOUGLAS-FIR SUPPLY STUDY. SEVERAL THINGS CAN BE DONE TO IMPROVE KNOWLEDGE OF THE EFFECT OF THE PROPOSED PROGRAM ON ECONOMIC EFFICIE...

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Bibliographic Details
Published in:Land economics 1977-08, Vol.53 (3), p.342-358
Main Author: Olson, K.W
Format: Article
Language:English
Subjects:
Conversion costs
Cost efficiency
Cost estimates
Forest resources
Forest service
Harvest
Land economics
National forests
Old growth forests
Present value
Public
Social impact
Supply
Timber
Timberlands
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Summary:FASTER CONVERSION IS A MEANS OF ACHIEVING GREATER EFFICIENCY IN THE UTILIZATION OF EXISTING TIMBER INVENTORIES, EVEN AFTER ADJUSTMENTS FOR THE MAJOR SHORTCOMINGS IN THE DOUGLAS-FIR SUPPLY STUDY. SEVERAL THINGS CAN BE DONE TO IMPROVE KNOWLEDGE OF THE EFFECT OF THE PROPOSED PROGRAM ON ECONOMIC EFFICIENCY. ONE IS THE DEVELOPMENT OF BETTER DATA ON THE COSTS OF ENVIRONMENTAL PROTECTION AND OF THE BENEFITS FROM THE OUTPUTS FACILITATED BY SUCH PROTECTION. THIS DATA SHOULD BE SUPPLEMENTED BY RESEARCH TO DEFINE MORE PRECISELY THE RANGE OF UNCERTAINTY IN INVENTORY AND HARVESTING-RELATED COSTS. A BROADER RANGE OF HARVESTING ALTERNATIVES SHOULD BE DEVELOPED AND EVALUATED. IF MODIFICATIONS IN ACCELERATED HARVESTING SCHEDULES ARE MADE IN LIGHT OF THE RESULTS, THE OPPOSITION TO ACCELERATED HARVESTING WILL DIMINISH. TABLES. GRAPHS. REFERENCES.
ISSN:0023-7639
1543-8325
DOI:10.2307/3146125