Basic Concepts in Forest Valuation and Investment Analysis
Author : Steven Henry Bullard
Publisher :
Page : pages
File Size : 43,94 MB
Release : 2011
Category : Forests and forestry
ISBN : 9780964129122
Positive Impact Forestry
Author : Thomas J. McEvoy
Publisher :
Page : 304 pages
File Size : 47,76 MB
Release : 2004-05
Category : Nature
ISBN :
Book Description
Positive Impact Forestry is a primer for private woodland owners and their managers on managing their land and forests to protect both ecological and economic vitality. Moving beyond the concept of "low impact forestry," Thom McEvoy brings together the latest scientific understanding and insights to describe an approach to managing forests that meets the needs of landowners while at the same time maintaining the integrity of forest ecosystems. "Positive impact forestry" emphasizes forestry's potential to achieve sustainable benefits both now and into the future, with long-term investment superseding short-term gain, and the needs of families—especially future generations—exceeding those of individuals. Thom McEvoy offers a thorough discussion of silvicultural basics, synthesizing and explaining the current state of forestry science on topics such as forest soils, tree roots, form and function in trees, and the effects of different harvesting methods on trees, soil organisms, and sites. He also offers invaluable advice on financial, legal, and management issues, ranging from finding the right forestry professionals to managing for products other than timber to passing forest lands and management legacies on to future generations. Positive Impact Forestry helps readers understand the impacts of deliberate human activities on forests and offers viable strategies that provide benefits without damaging ecosystems. It speaks directly to private forest owners and their advisers and represents an innovative guide for anyone concerned with protecting forest ecosystems, timber production, land management, and the long-term health of forests. Named the "Best Forestry Book for 2004" by the National Woodlands Owners Association.
Investments In Forestry
Author : Roger A. Sedjo
Publisher : Routledge
Page : 200 pages
File Size : 37,57 MB
Release : 2019-03-08
Category : Political Science
ISBN : 0429711492
Book Description
Can forestry compete with manufacturing and agriculture for scarce capital or is investment in forestry attractive only when non-economic considerations--for example, the social desirability of forestry investments--are taken into account? Addressing this question, the contributors to this book assess the market for forestry products in the short- and long-term future; examine the competition between agriculture, cities, and forestry for use of land; identify strategies that private, industrial, and public investors might adopt; and look at the effects of government policies on private investors.
Introduction to Forestry and Natural Resources
Author : Donald L. Grebner
Publisher : Academic Press
Page : 513 pages
File Size : 43,44 MB
Release : 2021-01-19
Category : Technology & Engineering
ISBN : 0128190760
Book Description
Introduction to Forestry and Natural Resources, Second Edition, presents a broad, completely updated overview of the profession of forestry. The book details several key fields within forestry, including forest management, economics, policy, utilization and forestry careers. Chapters deal specifically with forest regions of the world, landowners, forest products, wildlife habitats, tree anatomy and physiology, and forest disturbances and health. These topics are ideal for undergraduate introductory courses and include numerous examples and questions for students to ponder. There is also a section dedicated to forestry careers. Unlike other introductory forestry texts, which focus largely on forest ecology rather than practical forestry concepts, this book encompasses the economic, ecological and social aspects, thus providing a uniquely balanced text. The wide range of experience of the contributing authors equips them especially well to identify missing content from other texts in the area and address topics currently covered in corresponding college courses. - Covers the application of forestry and natural resources around the world with a focus on practical applications and graphical examples - Describes basic techniques for measuring and evaluating forest resources and natural resources, including fundamental terminology and concepts - Includes management policies and their influence at the local, national and international levels
Timber and Forestry in Qing China
Author : Meng Zhang
Publisher : University of Washington Press
Page : 282 pages
File Size : 16,77 MB
Release : 2021-06-30
Category : History
ISBN : 0295748885
Book Description
In the Qing period (1644–1912), China's population tripled, and the flurry of new development generated unprecedented demand for timber. Standard environmental histories have often depicted this as an era of reckless deforestation, akin to the resource misuse that devastated European forests at the same time. This comprehensive new study shows that the reality was more complex: as old-growth forests were cut down, new economic arrangements emerged to develop renewable timber resources. Historian Meng Zhang traces the trade routes that connected population centers of the Lower Yangzi Delta to timber supplies on China's southwestern frontier. She documents innovative property rights systems and economic incentives that convinced landowners to invest years in growing trees. Delving into rare archives to reconstruct business histories, she considers both the formal legal mechanisms and the informal interactions that helped balance economic profit with environmental management. Of driving concern were questions of sustainability: How to maintain a reliable source of timber across decades and centuries? And how to sustain a business network across a thousand miles? This carefully constructed study makes a major contribution to Chinese economic and environmental history and to world-historical discourses on resource management, early modern commercialization, and sustainable development.
Forest Resource Economics and Finance
Author : W David Klemperer
Publisher : Stephen F. Austin University Press
Page : 608 pages
File Size : 34,72 MB
Release : 2021-09
Category :
ISBN : 9781622884117
Book Description
Forest Resource Economics and Finance is intended for undergraduate forestry students, but practicing foresters and policy analysts will also find it a useful reference. The text emphasizes economics as a way of thinking in which we compare added costs and benefits of actions in order to maximize net benefits. With the basics of capital theory, readers learn how to evaluate forestry investments in a way that embraces important environmental factors. Another key feature is a focus on analyzing current conflicts and tradeoffs that will continue to be prominent forestry issues in the 21st century: free market policies versus different levels of government intervention, economic development versus environmental conservation, private property rights versus public amenity rights, and timber versus non-timber outputs. This text also addresses additional topics not often found in other forest economic books including: economics of non-clearcutting management systems, economics of forest damage, risk analysis, inflation, environmental economics, capital budgeting, and regional economics. Add to this a micro-economics review, multiple-use and non-market good analysis, optimal capital management, benefit/cost analysis, timber supply and demand issues, appraisal and valuation, forest industry economics, and world forestry issues, and you have the most comprehensive forest economics text on the market. In addition to new and updated figures throughout the text, this newly-revised second edition provides an overview of important trends in the modern timber industry including advancements in engineered wood, international trade, global environmental issues, as well as community forestry and agroforestry.
Timberland Investments
Author : F. Christian Zinkhan
Publisher : Timber Press (OR)
Page : 216 pages
File Size : 41,84 MB
Release : 1992
Category : Business & Economics
ISBN :
Book Description
Common stock. Corporate bonds. Stock mutual funds. Call and put options. Commercial and residential real estate. Municipal bonds. These and others are the alternatives many individual and institutional investors consider when constructing their investment portfolios. This is the first book to investigate how another investment alternative--timberland--can fit into the portfolios of individuals and such institutions as pension funds. Timberland supplies the basic raw material for a critical global industry--forest products. Timber can be managed economically as a renewable crop on hundreds of millions of acres in the United States. Given the forces supporting conservation of forests in their natural state on many public and some private lands in the Unites States and other nations, there is increasing pressure on the remaining privately owned forests to supply the needed timber output. This represents an opportunity for patient, long-term investors. Using insights and graphic examples supplied by experienced institutional investors, professional foresters, forestry and financial researchers, and others, the authors address such questions as the following: How do timberland's investment characteristics compare to those associated with other portfolio alternatives? In addition to direct investments in forests, in what other ways can investors participate in the timberland market? Can the addition of timberland to some investors' diversified portfolios improve overall performance? What personal financial planning goals can be served by timberland? What acquisition, forest management, and sale strategies can be adopted by individual and institutional investors so that objectives are better achieved? In the course of addressing such questions, the authors attempt to bridge the communications gap between the investment and forestry communities. The authors provide valuable perspectives not only for individual and institutional investors, but also for personal financial advisors; forestry practitioners, policymakers and researchers; and students of forestry, real estate, and investments.
Forestry in the U.S. South
Author : Mason C. Carter
Publisher : LSU Press
Page : 0 pages
File Size : 12,62 MB
Release : 2015-11-09
Category : History
ISBN : 0807160547
Book Description
During the second half of the twentieth century, the forest industry removed more than 300 billion cubic feet of timber from southern forests. Yet at the same time, partnerships between public and private entities improved the inventory, health, and productivity of this vast and resilient resource. A comprehensive and multilayered history, Forestry in the U.S. South explores the remarkable commercial and environmental gains made possible through the collaboration of industry, universities, and other agencies. This authoritative assessment starts by discussing the motives and practices of early lumber companies, which, having exhausted the forests of the Northeast by the turn of the twentieth century, aggressively began to harvest the virgin pine of the South, with production peaking by 1909. The rapidly declining supply of old-growth southern pine triggered a threat of timber famine and inspired efforts to regulate the industry. By mid-century, however, industrial forestry had its own profit incentive to replenish harvested timber. This set the stage for a unique alliance between public and private sectors, which conducted cooperative research on tree improvement, fertilization, seedling production, and other practices germane to sustainable forest management. By the close of the 1990s, concerns about an inadequate timber supply gave way to questions about how to utilize millions of acres of pine plantations approaching maturity. No longer concerned with the future supply of raw material and facing mounting global competition the U.S. pulp and paper industry consolidated, restructured, and sold nearly20 million acres of forests to Timber Investment Management Organizations (TIMOs) and Real Estate Investment Trusts (REITs), resulting in an entirely new dynamic for private forestry in the South. Incomparable in scope, Forestry in the U.S. South spotlights the people and organizations responsible for empowering individual forest owners across the region, tripling the production of pine stands and bolstering the livelihoods of thousands of men and women across the South.
Why Forests? Why Now?
Author : Frances Seymour
Publisher : Brookings Institution Press
Page : 389 pages
File Size : 25,70 MB
Release : 2016-12-27
Category : Business & Economics
ISBN : 1933286865
Book Description
Tropical forests are an undervalued asset in meeting the greatest global challenges of our time—averting climate change and promoting development. Despite their importance, tropical forests and their ecosystems are being destroyed at a high and even increasing rate in most forest-rich countries. The good news is that the science, economics, and politics are aligned to support a major international effort over the next five years to reverse tropical deforestation. Why Forests? Why Now? synthesizes the latest evidence on the importance of tropical forests in a way that is accessible to anyone interested in climate change and development and to readers already familiar with the problem of deforestation. It makes the case to decisionmakers in rich countries that rewarding developing countries for protecting their forests is urgent, affordable, and achievable.
Forest Economics
Author : Daowei Zhang
Publisher : UBC Press
Page : 414 pages
File Size : 21,58 MB
Release : 2011-09-15
Category : Business & Economics
ISBN : 0774821558
Book Description
Forestry cannot be isolated from the forces that drive all economic activity. It involves using land, labour, and capital to produce goods and services from forests, while economics helps in understanding how this can be done in ways that will best meet the needs of people. Therefore, a firm grounding in economics is integral to sound forestry policies and practices. This book, a major revision and expansion of Peter H. Pearse’s 1990 classic, provides this grounding. Updated and enhanced with advanced empirical presentation of materials, it covers the basic economic principles and concepts and their application to modern forest management and policy issues. Forest Economics draws on the strengths of two of the field’s leading practitioners who have more than fifty years of combined experience in teaching forest economics in the United States and Canada. Its comprehensive and systematic analysis of forest issues makes it an indispensable resource for students and practitioners of forest management, natural resource conservation, and environmental studies.
