1st Edition

Multiple-Use Management The Economics of Public Forestlands

By Michael D. Bowes, John V. Krutilla Copyright 1989
384 Pages
by Routledge

384 Pages
by Routledge

In this book, Bowes and Krutilla bring together what is known and relevant about valuing the nonmarket services of the public forests and propose a new theoretical framework that allows multiple uses, the biological dynamics of the forest, and the institutional and economic realities of public forest management to be taken into account in forest planning and budgeting. The authors begin by tracing... Read more
Part 1: The Historical, Institutional, and Theoretical Background 1. Development of the Concept of Multiple-Use Forestland Management 2. The Multiple Uses of Public Lands 3. The Economics of Multiple-Use Forestry 4. Dynamic Models of Multiple-Use Management Part 2: Applications of Multiple-Use Management in Forestry Settings 5. Forest Management for Increased Timber and Water Yields 6. Valuing Recreational Quality: Hedonic Pricing 7. Recreation Valuation for Forest Planning 8. The Flip Side of Joint Production 9. Funding Nonpriced Resource Services 10. Below-Cost Timber Sales and Forest Planning 11. Conclusions: An Interpretive Synthesis

Biography

Michael D. Bowes, John V. Krutilla