Journal of Forest Economics > Vol 21 > Issue 4

Policy instruments for developing planted forests: Theory and practices in China, the U.S., Brazil, and France

Daowei Zhang, Forest Economics and Policy, School of Forestry and Wildlife Sciences, Auburn University, United States, zhangd1@auburn.edu Anne Stenger, BETA - UMR 7522 CNRS Université de Strasbourg, France, Patrice A. Harou, Pinchot Institute for Conservation, United States,
 
Suggested Citation
Daowei Zhang, Anne Stenger and Patrice A. Harou (2015), "Policy instruments for developing planted forests: Theory and practices in China, the U.S., Brazil, and France", Journal of Forest Economics: Vol. 21: No. 4, pp 223-237. http://dx.doi.org/10.1016/j.jfe.2015.09.004

Published: 0/12/2015
© 0 2015 Daowei Zhang, Anne Stenger, Patrice A. Harou
 
Subjects
 
Keywords
JEL Codes:Q23Q15Q28D24
Planted forest developmentMarket factorsSilvicultural investment modelScarcityPolicyProperty rights
 

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In this article:
Introduction
The economics of planted forest development
A comparative study of planted forests development
Summary and discussion

Abstract

Planted forests are seen as a means to meet increasing demand for timber and environmental services and thus to achieve sustainable forest development. In this paper, we use the Faustmann–Hartman silvicultural investment model to demonstrate how policy instruments influence planted forest development and review such a development in China, the U.S., Brazil, and France. We find that planted forests emerge because of scarcity in timber and environmental services and develop in response to economic and policy and institutional instruments, including secure property rights, stumpage price policy, and efficient forestry governance and administration.

DOI:10.1016/j.jfe.2015.09.004