A1 Alkuperäisartikkeli tieteellisessä aikakauslehdessä
Economics of mixed-species forestry with ecosystem services (2019)

Tahvonen, O., Rämö, J., & Mönkkönen, M. (2019). Economics of mixed-species forestry with ecosystem services. Canadian Journal of Forest Research, 49(10), 1219-1232. https://doi.org/10.1139/cjfr-2018-0514

JYU-tekijät tai -toimittajat

Julkaisun tiedot

Julkaisun kaikki tekijät tai toimittajat: Tahvonen, Olli; Rämö, Janne; Mönkkönen, Mikko

Lehti tai sarja: Canadian Journal of Forest Research

ISSN: 0045-5067

eISSN: 1208-6037

Julkaisuvuosi: 2019

Volyymi: 49

Lehden numero: 10

Artikkelin sivunumerot: 1219-1232

Kustantaja: Canadian Science Publishing

Julkaisumaa: Kanada

Julkaisun kieli: englanti

DOI: https://doi.org/10.1139/cjfr-2018-0514

Julkaisun avoin saatavuus: Ei avoin

Julkaisukanavan avoin saatavuus: 

Julkaisu on rinnakkaistallennettu (JYX): https://jyx.jyu.fi/handle/123456789/93688

Tiivistelmä

The Faustmann-Hartman setup is widely established for specifying the economics of forest values besides timber, but it is criticized as restrictive for capturing diversity values. We show that extending the model to cover diversity attributes, i.e., mixed species and internal heterogeneity within species, is not enough to overcome these restrictions. Additionally, it is necessary to extend forest harvesting regimes to cover thinning, continuous cover forestry, and the management of commercially useless trees. Restrictions in the Faustmann-Hartman setup are first shown analytically with optimized thinning but without tree size structures. The empirical significance of these findings is shown by a model that includes four tree species, tree size structures, an extended set of forest management activities, a detailed description of harvesting costs, and a measure for stand diversity as a key factor behind ecosystem services. We show how an optimal harvesting regime, net revenues, wood output, and stand diversity depend on model flexibility, economic parameters, and the valuation of ecosystem services. In a setup allowing flexible management regimes, the costs of reaching a specified level of ecosystem services are negligible compared with those of the Faustmann-Hartman specification.

YSO-asiasanat: metsätalous; metsänhoito; harvennus; puunkorjuu; jatkuva kasvatus; metsäpolitiikka; ekosysteemipalvelut; biodiversiteetti; optimointi

Vapaat asiasanat: Hartman model; Faustmann model; forest amenities; continuous cover forestry; forest policy; dynamic mixed-integer optimization; optimal harvesting

Liittyvät organisaatiot

OKM-raportointi: Kyllä

Raportointivuosi: 2019

JUFO-taso: 3