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| Author: | Carver, A. D. Lee, J. G. LeMaster, D. C. |
| Title: | A dynamic model for intertemporal allocation of old- growth forests in the Pacific Northwest |
| Journal: | Journal of Environmental Management
2002 : DEC, VOL. 66:4, p. 455-464 |
| Index terms: | ECONOMETRIC MODELS OPTIMIZATION STRATEGY DYNAMIC PROGRAMMING |
| Language: | eng |
| Abstract: | Across the globe, continued policy debates regarding the management of old-growth forests center around the difficult task of balancing economic and ecological considerations. Though the forests of the Pacific Northwest United States are among the most studied old- growth ecosystems, ecological and economic analyses have yielded public land management directives that remain controversial. Specifically, the recently adopted Northwest Forest Plan lacks explicit goals for maintaining intergenerational equity for the use of forest resources and the diversity of old-growth ecosystems. This study develops and applies a conceptual framework for evaluating socially optimal Pacific Northwest old- growth forest utilization strategies. |
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