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Payment for multiple forest benefits alters the effect of tree disease on optimal forest rotation length.

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Title: Payment for multiple forest benefits alters the effect of tree disease on optimal forest rotation length.
Authors: Macpherson, Morag F.1 mfm@cs.stir.ac.uk, Kleczkowski, Adam1, Healey, John R.2, Hanley, Nick3
Source: Ecological Economics. Apr2017, Vol. 134, p82-94. 13p.
Subjects: Forest rotation, Tree diseases & pests, Forest pest control, Forest landowners, Social values
Abstract: Forests deliver multiple benefits both to their owners and to wider society. However, a wave of forest pests and pathogens is threatening this worldwide. In this paper we examine the effect of disease on the optimal rotation length of a single-aged, single rotation forest when a payment for non-timber benefits, which is offered to private forest owners to partly internalise the social values of forest management, is included. Using a generalisable bioeconomic framework we show how this payment counteracts the negative economic effect of disease by increasing the optimal rotation length, and under some restrictive conditions, even makes it optimal to never harvest the forest. The analysis shows a range of complex interactions between factors including the rate of spread of infection and the impact of disease on the value of harvested timber and non-timber benefits. A key result is that the effect of disease on the optimal rotation length is dependent on whether the disease affects the timber benefit only compared to when it affects both timber and non-timber benefits. Our framework can be extended to incorporate multiple ecosystem services delivered by forests and details of how disease can affect their production, thus facilitating a wide range of applications. [ABSTRACT FROM AUTHOR]
Copyright of Ecological Economics is the property of Elsevier B.V. and its content may not be copied or emailed to multiple sites without the copyright holder's express written permission. Additionally, content may not be used with any artificial intelligence tools or machine learning technologies. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)
Database: Engineering Source
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DbLabel: Engineering Source
An: 121220967
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PubType: Academic Journal
PubTypeId: academicJournal
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  Data: Payment for multiple forest benefits alters the effect of tree disease on optimal forest rotation length.
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  Data: <searchLink fieldCode="JN" term="%22Ecological+Economics%22">Ecological Economics</searchLink>. Apr2017, Vol. 134, p82-94. 13p.
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  Data: <searchLink fieldCode="DE" term="%22Forest+rotation%22">Forest rotation</searchLink><br /><searchLink fieldCode="DE" term="%22Tree+diseases+%26+pests%22">Tree diseases & pests</searchLink><br /><searchLink fieldCode="DE" term="%22Forest+pest+control%22">Forest pest control</searchLink><br /><searchLink fieldCode="DE" term="%22Forest+landowners%22">Forest landowners</searchLink><br /><searchLink fieldCode="DE" term="%22Social+values%22">Social values</searchLink>
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  Data: Forests deliver multiple benefits both to their owners and to wider society. However, a wave of forest pests and pathogens is threatening this worldwide. In this paper we examine the effect of disease on the optimal rotation length of a single-aged, single rotation forest when a payment for non-timber benefits, which is offered to private forest owners to partly internalise the social values of forest management, is included. Using a generalisable bioeconomic framework we show how this payment counteracts the negative economic effect of disease by increasing the optimal rotation length, and under some restrictive conditions, even makes it optimal to never harvest the forest. The analysis shows a range of complex interactions between factors including the rate of spread of infection and the impact of disease on the value of harvested timber and non-timber benefits. A key result is that the effect of disease on the optimal rotation length is dependent on whether the disease affects the timber benefit only compared to when it affects both timber and non-timber benefits. Our framework can be extended to incorporate multiple ecosystem services delivered by forests and details of how disease can affect their production, thus facilitating a wide range of applications. [ABSTRACT FROM AUTHOR]
– Name: AbstractSuppliedCopyright
  Label:
  Group: Ab
  Data: <i>Copyright of Ecological Economics is the property of Elsevier B.V. and its content may not be copied or emailed to multiple sites without the copyright holder's express written permission. Additionally, content may not be used with any artificial intelligence tools or machine learning technologies. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract.</i> (Copyright applies to all Abstracts.)
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RecordInfo BibRecord:
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      – Type: doi
        Value: 10.1016/j.ecolecon.2017.01.008
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      – Code: eng
        Text: English
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      Pagination:
        PageCount: 13
        StartPage: 82
    Subjects:
      – SubjectFull: Forest rotation
        Type: general
      – SubjectFull: Tree diseases & pests
        Type: general
      – SubjectFull: Forest pest control
        Type: general
      – SubjectFull: Forest landowners
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      – SubjectFull: Social values
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      – TitleFull: Payment for multiple forest benefits alters the effect of tree disease on optimal forest rotation length.
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            NameFull: Kleczkowski, Adam
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            NameFull: Healey, John R.
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            – D: 01
              M: 04
              Text: Apr2017
              Type: published
              Y: 2017
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              Value: 134
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