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The Global Economics of Forestry 1st Edition by William F Hyde ISBN 0415518288 9780415518284

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The Global Economics of Forestry 1st Edition William F. Hyde Digital Instant Download

Author(s): William F. Hyde
ISBN(s): 9780415518284, 0415518288
Edition: 1st
File Details: PDF, 12.09 MB
Year: 2012
Language: english
SKU: EB-4927622 Categories: , Tag:

The Global Economics of Forestry 1st Edition by William F Hyde – Ebook PDF Instant Download/Delivery: 0415518288, 9780415518284
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ISBN 10: 0415518288 
ISBN 13: 9780415518284
Author: William F Hyde

This book traces the economic and biological pattern of forest development from initial settlement and harvest activity at the natural forest frontier to modern industrial forest plantations. It builds from diagrams describing three discrete stages of forest development, and then discusses the management and policy implications associated with each, supporting its observations with examples and data from six continents and from both developed and developing countries. It shows that characteristic distinctions between the three stages make forestry unusual in natural resource management and that effective policy requires different, even contrasting, decisions at each stage. William F. Hyde’s comprehensive discussion covers a wide range of issues, including the impacts of both specific forest policies and broader macroeconomic policies, the unique requirements of current issues such as global warming, biodiversity and tourism, and the complexities of the different forest products industries. Concluding chapters review the roles of the newer institutional landowners, of smaller private and farm landowners, and of public agencies. This highly-original volume reaches far beyond forest economics; it explains what forestry can do for regional development and environmental conservation and what policies designed for other sectors and the macro-economy can do for forestry.

The Global Economics of Forestry 1st Table of contents:

1. Introduction

  • Organization

  • Chapters 2–6: The Pattern of Forest Development

  • Categories of Forest Ownership: Chapters 7–10

  • Community Impacts: Chapter 11

  • Conclusion

  • Literature Cited

  • Appendix 1A: Fundamental Questions within the General Subject Matter of Forest Economics, Policy, and Management

2. The Pattern of Forestry in the Course of Economic Development

  • The Pattern of Forest Development

  • A New Forest Frontier, Stage I

  • A Developing Forest Frontier, Stage II

  • A Mature Forest Frontier, Stage III

  • Summary Observations and the Global Evidence

  • Modifications and Qualifications

  • Multiple Market Values

  • Non-Market Values

  • Different Bundles of Property Rights

  • Variety in the Environmental Landscape

  • Conclusion

  • Literature Cited

  • Appendix 2A: Forestry Data

  • Measures of Physical Stocks

  • Literature Cited

3. Forest Development in the Long Run

  • Technological Change: The Experience of the U.S. South

  • The South’s Four Forests

  • The Third and Fourth Forests

  • More General Observations

  • Technological Change and Biological Growth: Long-term Effects on Forestry

  • Agricultural Technologies

  • A Developing Rural Infrastructure, Logging and Wood Utilization Technologies and, Ultimately, New Forest Management Technologies

  • Summary

  • Empirical Evidence on Rates of Technological Change

  • Conclusions: The Unique Characteristics of Forestry

  • Literature Cited

  • Appendix 3A: The Faustmann Model

    • The Basic Model

    • Special Cases

    • Comments on Appropriate Context

    • Literature Cited

  • Appendix 3B: Allowable Cut

    • The Basic Model

    • Forest Management and Financial Returns

    • Literature Cited

4. Forest Policy

  • The Instruments of Direct Forest Policy

    • Taxes

    • Incentives

    • Regulations

  • Direct Forest Policy—Conclusions

  • Spillover Effects from Policy Designed for Adjacent Sectors

    • Agricultural Policy Spillovers

    • Spillovers from Policies Designed for their Impacts on the Wood Products Industry

    • Spillover Effects from Adjacent Sectors—a Conclusion

  • Infrastructure and Institutions

    • Infrastructure

    • Institutions

  • Conclusion

  • Literature Cited

  • Appendix 4A: Contemporary Policy Objectives

    • Carbon Sequestration and Global Climate Change

    • Biodiversity and Critical Habitat

    • Environmental Tourism and Forest-based Recreation

    • Erosion Control and General Watershed Protection

    • Sustainable Forestry and the Control of Deforestation

  • Literature Cited

5. Forest Concessions: A Specialized Topic in Forest Policy and Management

  • Timber Concessions within the Spatial Model

  • Landowner Objectives

  • The Complete Model: Landowner Objectives and Logger Objectives

  • Monitoring and Enforcement

  • Specialized Considerations within the Contract

  • Empirical Applications

    • Nineteenth-century Germany

    • The U.S. Forest Service

    • Private Landowners in the U.S. South

    • Ontario

    • Indonesia

  • Conclusions

  • Literature Cited

  • Appendix 5A: Contracts, Rents, and Royalties

    • Revenue Maximization: Lump Sum Contracts

    • Uniform Fixed Royalties

    • Conclusions

6. The Effects of Trade, Macroeconomics, Growth and Development

  • Trade

  • Economic Welfare and Land Use Impacts: Forest Management and the Natural Forest Frontier

  • The Instruments of Trade Policy

  • Feedback to the Forest from Macroeconomic Activity

  • Exogenous Shocks

  • Shocks from within the Domestic Economy

  • Domestic Fiscal and Monetary Policy

  • Substantial and Long-lasting Agricultural Policy

  • Other Substantial and Long-lasting Domestic Programs

  • Economic Growth and Development

  • The Relative Size of the Forestry Sector

  • The Effect of Aggregate Economic Growth on the Forest

  • Conclusions

  • Literature Cited

  • Appendix 6A: Forestry in the National Accounts

    • The National Income Accounts

  • Literature Cited

7. Industrial Forestry

  • The Eastern Amazon

  • Thailand

  • Breves

  • Paragominas

  • Summary Observations

  • Industrial Organization: The Manufacture of Forest Products

    • Manufactured Wood Products (NAICS 321)

    • Furniture and Related Product Manufacturing (NAICS 337)

    • Pulp and Paper Manufacturing (NAICS 322)

    • Independent Logging Operations (NAICS 113310)

  • Conclusion: The Industry in the Context of the Three Stages of Forest Development

  • Literature Cited

  • Appendix 7A: A Note on Factor Costs and Industry Location

    • Input Proportions

    • Factor-Output Ratios

8. Institutional Investors

  • Revenues and Taxes

  • Risk and Return

  • Summary, Implications, and Future Prospects

  • Notes

  • Literature Cited

  • Appendix 8A: CAPM

  • Literature Cited

9. Non-Industrial Private Landowners

  • Distinctions Among NIPF Lands and Landowners

  • Landowner Objectives

  • Commercial or Subsistence Gain

  • The Recreation/Leisure and Conservation Motives

  • The Bequest Motive

  • Multiple Motives

  • Synthesis

  • Literature Cited

  • Appendix 9A: Myths and Fallacies in the Tradition of Non-Industrial Private Forestry

    • NIPF Landowners Underinvest in Silviculture

    • Public Assistance to NIPF Landowners Has Distributive Merit

    • Conclusion

  • Literature Cited

10. Public Landowners

  • Public Land Management

  • Stewardship

  • Lands and Resources of Greater Commercial Value

  • Natural Hazards

  • Technology Transfer and Public Forestry Research

    • Technology Transfer

    • Public Forestry Research

  • A Note on Public Organization and Administration

  • Conclusions

  • Literature Cited

  • Appendix 10A: Least Cost Plus Loss

11. Forests and Local Human Communities

  • The General Experience

  • Bamboo Development and Local Communities in China

  • General Observations and Further Insights

  • Anticipating Development

    • Vietnam

    • Cambodia

    • Laos

  • Summary

  • Local Communities and Forest Dependence

  • Subsistence Community Impacts

  • The Local Impacts of Commercial Forest Operations

  • Conclusions

  • Literature Cited

  • Appendix 11A: Nonseparable Household Production and Consumption

    • Consumption

    • Empirical Estimation

  • Literature Cited

  • Appendix 11B: The Generalized Economy of a Forest-Based Community

  • Literature Cited

12. Summary, Conclusions, Policy Implications

  • Stages of Development and the Margins of Economic Activity

  • Market and Policy Effects on the Forest

  • Regional Development and Local Forest Administration

  • Direct Forest Policies

  • Market and Policy Spillovers from Adjacent Sectors

  • The Macroeconomic Environment and Economic Growth

  • Market and Policy Effects on Local Forest-dependent Communities

  • Policy Design to Protect and Enhance Forests and Forest Resource Services

    • Carbon Sequestration and Global Climate Change

    • Biodiversity and Critical Habitat

    • Environmental Tourism and Forest-based Recreation

    • Erosion Control and Watershed Protection

    • Sustainable Forestry and the Control of Deforestation

  • Characteristic Categories of Land Ownership

  • The Forest Industry

  • Institutional Forest Landowners

  • Non-Industrial Private Forest Ownerships

  • The Public Forestlands

  • Community Impacts

  • One Final Caution: Data

  • Summary Policy Implications

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Tags: William F Hyde, Global Economics, Forestry