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Author: | Putz, F. |
Title: | Economics of home grown forestry |
Journal: | Ecological Economics
2000 : JAN, VOL. 32:1, p. 9-14 |
Index terms: | ECONOMICS FORESTRY INDUSTRY ECOLOGY |
Language: | eng |
Abstract: | Costs of applying silvicultural treatments prescribed to increase yields of timber and non-timber forest products from natural forests should be calculated differently for industrial logging companies, private non-industrial forest owners, and community based forest management operations. For forest owners who are not concerned solely with maximizing short term profits from their forests, the opportunity costs of forest labour are often lower than official minimum wages. |
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