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Titlebook: Recent Accomplishments in Applied Forest Economics Research; F. Helles,N. Strange,L. Wichmann Book 2003 Springer Science+Business Media B.

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Afforestation as a real option: Choosing among optionsl, i.e. a model where the decision-maker must decide the timing of a real investment given stochastic returns of the single asset in question and where the investment is a sunk cost. This paper extends the field of real-options theory by analysing the case where the decision-maker must decide on the
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A multi-output restricted profit function for Norwegian sawmillingmilling at a five-digit disaggregated industry level, using a panel of 3,025 individual observations of sawmills over the period 19741991. The parameter estimates were used to calculate price elasticities of supply and demand, shadow price elasticities and related measures for capital. Also the shor
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The impact of government investment assistance on forest investment and timber supplyimises his forest investments and cuttings to obtain this target. It is shown that government cost sharing (loans and grants) has positive private investment effects. These results are not rejected in an econometric analysis of a Finnish regional panel data from Forestry Board Districts in years 198
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Preservation and employmente of local employment. Forest planning requires estimates of these employment effects. The effects are likely to be felt both in the affected industry and more generally in the local economy. In this paper, we consider different methods and issues in estimating employment changes from preservation,
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