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Forestry Policy and Economics

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Forestry Policy and Economics is the study of the formulation, implementation, and evaluation of policies governing forest resources, alongside the economic principles that influence forest management, conservation, and utilization. It encompasses the analysis of economic impacts, sustainability, and the socio-political factors affecting forestry practices and regulations.
lightbulbAbout this topic
Forestry Policy and Economics is the study of the formulation, implementation, and evaluation of policies governing forest resources, alongside the economic principles that influence forest management, conservation, and utilization. It encompasses the analysis of economic impacts, sustainability, and the socio-political factors affecting forestry practices and regulations.

Key research themes

1. How can economic optimization balance multifunctional forestry objectives including timber production, ecosystem services, and indigenous land uses?

This research area focuses on integrating economic valuation and optimization models to reconcile timber production with various ecological and social objectives such as carbon storage, biodiversity, and indigenous livelihoods (e.g., reindeer husbandry). It investigates multifunctional forest management strategies under diverse environmental, economic, and policy scenarios to inform sustainable land-use decisions.

Key finding: This study developed a detailed economic optimization model incorporating timber production, carbon storage, and impacts on Sámi reindeer husbandry. It found that continuous cover forestry is economically optimal over... Read more
Key finding: Extending the classical Faustmann–Hartman model to include mixed-species stands, tree size structures, and advanced harvesting regimes (thinning, continuous cover forestry) revealed that incorporating ecological diversity is... Read more
Key finding: Applying multi-objective optimization over 50-year planning horizons with seven forest management regimes, this research demonstrated that boreal landscapes can be managed to simultaneously increase yields of non-timber... Read more

2. What are the socio-economic impacts and governance challenges of forest tenure, community forestry, and forest policy implementation?

This theme addresses how various forest governance frameworks, tenure security initiatives, and policy instruments impact economic livelihoods, sustainable forest management, and social equity. It emphasizes the role of community engagement, social forestry programs, and local knowledge in shaping forest outcomes and overcoming institutional or regulatory barriers in diverse global contexts.

Key finding: Through benefit-cost analyses comparing tenure-secure versus insecure scenarios, this study found that the economic benefits of securing community forest tenure—primarily via avoided deforestation and associated carbon... Read more
Key finding: Through comprehensive content analysis of strategic forest policy documents from Austria, Czech Republic, Slovakia, Germany, Brandenburg, and Finland, this paper revealed periodic revisions aligning national priorities with... Read more

3. How does forest protection policy address disturbance risks (e.g., fires) and market dynamics affecting sustainable forest sector development in Europe and beyond?

This theme covers the interactions between forest disturbance regimes, protection policies, economic consequences, and market performance of forestry companies. It investigates adaptive forest management in response to climate change, wildfire risk reduction, and the economic viability of forestry enterprises from investor and policy perspectives, integrating ecological risks with socio-economic considerations.

Key finding: The study analyzed the legislative framework and empirical data from Croatia (2013–2020), highlighting increasing challenges posed by climate-induced wildfire frequency and severity. It emphasized that current fire management... Read more
Key finding: Evaluating stock exchange-listed forest companies worldwide over 2011–2020, this analysis found that forestry equities yield competitive risk-adjusted returns (average β = 1.15) with modest correlation to general capital... Read more

All papers in Forestry Policy and Economics

Abstrak Aquilaria sp merupakan satu daripada enam genus dalam keluarga Thymelaeaceae yang dipercayai menghasilkan gaharu. Ia juga dikenali sebagai gaharu, karas atau depu bagi pemain gaharu di Malaysia. Gaharu pada mulanya digunakan... more
El Grupo del Cluster Forestal se creó a raíz de la iniciativa de los Presidentes de Centroamérica de delegar a Harvard-INCAE la elaboración de estrategias de competitividad para llevar las economías centroamericanas al Siglo XXI, en un... more
"This paper explores farmers' compliancewith forest rules in the High Forest Zone of Ghana and the factors influencing compliance through interviews with 226 farmers. Specifically, it assesses compliance with rules that regulate and/or... more
"Illegal forest activities are increasingly recognised as one of the major sources of deforestation and the degradation of the world’s tropical forests. International recognition of and response to the problem of illegal forest... more
Economic criteria for designing a PES based on the model of von Thünen. The von Thünen’s model was applied to determine the spatial distribution of forests and other land uses within the San Juan La Selva... more
Illegal logging is a major concern throughout the tropics. In Peru, the government has issued timber concessions in over 762,222 square kilometers of tropical forest in 2003 and 2004. We quantify and seek to understand the economic... more
Since the end of 2000s, many forest-rich countries have engaged into results-based deforestation reduction monitoring under REDD+ mechanisms. A set of methods and tools designed at international level is expected to be transferred to the... more
This paper introduces a modeling approach for the assessment of policy options within the forest-based bioeconomy. The feedback between the forestry dynamics model and the economic model of the global forest-based sector of the proposed... more
by Dwiko Permadi and 
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A B S T R A C T Smallholder ownership of forests has grown rapidly over the last 25 years, leading to global forest transition; however, incentives are required to keep smallholders growing trees under long-term afforestation contracts.... more
Un análisis de los orígenes de este problema puede revelar que, a la vez que los modelos económicos de desarrollo han sido extractivos de los recursos naturales, han sido las políticas de otros sectores las que más han influido en... more
Forest degradation and deforestation are some of the major global concerns as they can reduce the forest carbon stock and sequestration capacity. However, the carbon stock and sequestration potential in a mixed dipterocarp tropical forest... more
Para revertir las tendencias que por décadas han caracterizado a Honduras, el Plan de Nación, al año 2022, espera formar una nación reconocida por su riqueza natural y por la actitud de un Estado comprometido con la protección y la... more
The consequence of state controlled forestry in Cameroon has been the overexploitation of forest resources often in conflict with local forest dependent communities and state conservation objectives. The failure of state controlled... more
Typically, forest policy-analysis focuses on the forest industry; however, this article argues that analysis should take into consideration non-forest economic–political sectors, creating an inter-sectoral analysis of pathways. An... more
Aim: To assess phenological and morphological parameters of Uapaca kirkiana Müll. Arg. provenances at sixteen years of age. Place and Duration of the Study: The trial was established in 1997 at Nauko in Liwonde Forest Reserve, Malawi.... more
The Osa Peninsula and its Golfo Dulce Forest Reserve, which contain the largest remaining forest on Costa Rica's Pacific coast, currently experience great pressures from smallholders clearing for agriculture and gold mining. The paper... more
The European Union (EU), the United States of America (USA), and Australia have adopted specific measures to avoid the placing of illegal timber on their markets. These measures might encourage the diversion of timber products from... more
This paper addresses management and policy issues arising from the 2009 and other recent fires that burnt the iconic ash-type forests of eastern Victoria. After sketching a general framework for an analysis of sustainability, the paper... more
Forest values play an important role in forest management practices, and in the design and implementation of forest policy and the legal framework. This paper assesses the importance of farmers’ forest values and the potential... more
Traditional energy sources like fuelwood, charcoal, cow dung, and crop residue are common for household domestic energy consumption in the majority people of the study area as well as in Ethiopia. However, information related the impact... more
This study is to inquire, in aggregate as well as by subsectors into timber demand of forest industry that stands to be highly important in the economy of the Düzce province. To this end, firstly a series of trend analyses is carried on... more
In literature on Natural Resource Management related policies in Africa and Cameroon in particular, Colonial heritage was defined and identified. The question of this paper is whether "community forestry" which promotes giving back the... more
Conceitos de base do estudo Conceitos de ecossistema e serviços de ecossistema e tipologias destes serviços Conceito de ecossistema Adotando aqui a a definição do Millennium Ecosystem "um ecossistema é um complexo dinâmico de comunidades... more
Evaluations on community forestry outcomes are important to observe whether the program community forestry produces what it has promised. For the evaluation -as an alternative to the comprehensive criteria and indicators on sustainable... more
The forestry sector is one of the key sectors indicated in the SDGS, with a specific SDG Goal 15, and crucial for Brazil. This paper aims to contribute to the discussion of the role government needs to play in shaping the business... more
Prospective study of the Portuguese forest sector up to 2071, considering a status quo and a "development scenario", with the definition and the cost-benefit analysis of the public policy measures needed to support this development.
Forests and forest sector have never been an isolated island in ocean, but an integral part of the economy, society and environment. The notion of sustainable forest management (SFM) as an outcome of international forest policy processes... more
Neither the COST Office nor any person acting on its behalf is responsible for the use which might be made of the information contained in the present publication. The COST Office is not responsible for the external websites referred to... more
This paper introduces a modeling approach for the assessment of policy options within the forest-based bioeconomy. The feedback between the forestry dynamics model and the economic model of the global forest-based sector of the proposed... more
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