Forest Land Expectation Value or Maximum Sustained Yield? Resolving A Long-Standing Paradox
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DOI: 10.3390/f14051052
Abstract: The Faustmann formula, equivalent to the land expectation value (LEV), yields the present value, starting with bare land, of an infinite series of future timber rotations for a stand. If this formula is used to… read more here.
Keywords: land expectation; land; maximum sustained; value ... See more keywords
Simulating sustained yield harvesting adaptive to future climate change
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DOI: 10.5194/bg-2017-531
Abstract: Forests are the main source of biomass production from solar energy and take up globally around 2.4 ± 0.4 PgC per year. Future changes in climate may affect forest growth and productivity. Currently, state-of-the-art Earth system models use… read more here.
Keywords: forest growth; sustained yield; climate; future climate ... See more keywords