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Economics of stand management

Informally Refereed

Abstract

This paper sets out to demonstrate the importance of considering the wealth represented by the growing stock in economic analyses of stand management alternatives, and to demonstrate the role of thinning in the manipulation of the efficiency of growing stock in the management of shortleaf pine (Pinus echinata Mill.). These goals are achieved through a demonstration of the impact of four (4) simulated thinning regimens on the growth, yield, and economic performance of four (4) stands of shortleaf pine of varying ages and site classes in western Arkansas. The analysis demonstrates the thining may reduce total yield and periodic annual increment following treatment. However, economic performance as measured by the value of total yield and periodic annual increment will be improved by thinning if the stand has sufficient time to recover from treatment. Economic efficiency of the growing stock is also improved by thinning if the stand has sufficient time to recover from treatment.

Parent Publication

Keywords

Shortleaf pine, Pinus echinata, southern pine, management, growth and yield, economics

Citation

Lewis, David K. 1986. Economics of stand management. In: Murphy, Paul A., ed. Proceedings of symposium on the shortleaf pine ecosystem; 1986 March 31-April 2; Little Rock, AR. Monticello, AR: Arkansas Cooperative Extension Service: 178-210.
https://www.fs.usda.gov/research/treesearch/45849