Arbeitspapier

Optimal harvest age considering multiple carbon pools - a comment

In two recent papers, Asante and Armstrong (2012) and Asante et al. (2011) considered the question of optimal harvest ages. They found that the larger are the initial pools of dead organic matter (DOM) and wood products, the shorter is the optimal rotation period. In this note, it is found that this conclusion follows from the fact that the authors ignored all release of carbon from decomposition of DOM and wood products after the time of the first harvest. When this is corrected for, the sizes of the initial stocks of DOM and wood products do not influence the optimal rotation period. Moreover, in contrast to the conclusions in the two mentioned papers, our numerical analysis indicates that inclusion of DOM in the model leads to longer, not shorter, rotation periods.

Sprache
Englisch

Erschienen in
Series: Discussion Papers ; No. 704

Klassifikation
Wirtschaft
Renewable Resources and Conservation: Forestry
Climate; Natural Disasters and Their Management; Global Warming
Alternative Energy Sources
Thema
Dead organic matter
forestry
Faustmann
carbon

Ereignis
Geistige Schöpfung
(wer)
Holtsmark, Bjart
Hoel, Michael
Holtsmark, Katinka
Ereignis
Veröffentlichung
(wer)
Statistics Norway, Research Department
(wo)
Oslo
(wann)
2012

Handle
Letzte Aktualisierung
10.03.2025, 11:43 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Holtsmark, Bjart
  • Hoel, Michael
  • Holtsmark, Katinka
  • Statistics Norway, Research Department

Entstanden

  • 2012

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