Forest resource economics and finance

Bibliographic Information

Forest resource economics and finance

W. David Klemperer

(McGraw-Hill international editions)(McGraw-Hill series in forest resources)

McGraw Hill, 1996

Available at  / 4 libraries

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Includes bibliographical references

Description and Table of Contents

Description

Perfect for the first course in Forest Economics, this text emphasizes economics as a way of thinking in which added costs and benefits of action are compared in order to maximize net benefits. Geared for those students with an economic background (microeconomics preferred), Klemperer has focused on solving basic economic problems forestry analysts encounter, as well as discussing enough economic theory to understand the solutions. Because of that, the basics in capital theory are interwoven and students learn how to evaluate forestry investments in a way which embraces important environmental factors.

Table of Contents

1 Introduction2 Microeconomics Review3 Forestry and the Free Market4 The Forest as Capital5 Inflation and Forest Investment Analysis6 Capital Budgeting in Forestry7 Economics of Forest Land Use and Even-Aged Rotations8 Optimal Timber Stocking9 Forest Taxation10 Risk Analysis11 Forest Valuation and Appraisal12 Timber Demand and Supply13 The United States Wood-Processing Industry14 Valuing Non-Market Forest Outputs15 Multiple-Use Forestry16 Forestry and Regional Economic Analysis17 Forests in a World Economy

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