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Record Nr. |
UNINA9910790449703321 |
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Autore |
Wagner John E. |
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Titolo |
Forestry economics : a managerial approach / / John E. Wagner |
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Pubbl/distr/stampa |
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Abingdon, Oxon : , : Routledge, , 2012 |
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ISBN |
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1-136-66576-5 |
1-283-46040-8 |
9786613460400 |
1-136-66577-3 |
0-203-80802-9 |
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Descrizione fisica |
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1 online resource (409 p.) |
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Collana |
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Routledge textbooks in environmental and agricultural economics ; ; 3 |
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Disciplina |
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Soggetti |
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Forests and forestry - Economic aspects |
Forest management |
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Lingua di pubblicazione |
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Formato |
Materiale a stampa |
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Livello bibliografico |
Monografia |
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Note generali |
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Description based upon print version of record. |
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Nota di bibliografia |
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Includes bibliographical references and index. |
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Nota di contenuto |
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Forestry Economics A managerial approach; Copyright; Contents; List of figures; List of tables; Preface; Acknowledgments; Abbreviations; 1 Introduction; 2 Production systems; 3 Costs; 4 Revenue; 5 Profit; 6 Supply and demand; 7 Market equilibrium and structure; 8 Capital theory: investment analysis; 9 The forest rotation problem; 10 Capital theory: risk; 11 Forest taxes; 12 Estimating nonmarket values; Appendix 1: mathematical appendix; Appendix 2: technical efficiency versus production cost efficiency; Appendix 3: average and marginal cost; Appendix 4: profit and least cost models |
Appendix 5: calculus of profit maximizationAppendix 6: price searching; Appendix 7: financial formulae; Appendix 8: sustainability and the interest rate; Appendix 9: misinterpreting the internal rate of return in forest management planning and economic analysis; Appendix 10: calculus of the even-aged forest rotation problem; Appendix 11: the Faustmann-Smith-Samuelson model; Notes; Bibliography; Index |
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Sommario/riassunto |
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Forestry Economics introduces students and practitioners to all aspects of the management and economics of forestry. The book adopts the approach of managerial economics textbooks and applies this to the |
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