Evaluating Silviculture Projects: PDF Download

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Languages : en
Pages : 40

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Book Description
This publication contains readings & excerpts from the 1997 draft of the British Columbia Forest Service "Stand density management guidebook." The first section presents the economic principles of timber production for evaluating stand density management options. A production economics approach is explained, taking into account such factors as revenue assumptions, piece size & price, harvesting & milling costs, silviculture treatment costs, and discount rate. The second section briefly reviews forest estate models for projecting the impacts of stand management activities on the forest inventory over time. The last section discusses the factors which may influence future real log & end-product prices and summarizes research on the potential for real price increases in timber. It concludes with recommendations on future price assumptions for stand density management investment analysis.