Show simple item record

dc.contributor.authorPłotkowski, Lech
dc.contributor.authorZając, Stanisław
dc.contributor.authorWysocka-Fijorek, Emilia
dc.contributor.authorGruchała, Arkadiusz
dc.contributor.authorPiekutin, Jarosław
dc.contributor.authorParzych, Stanisław
dc.identifier.otherdoi 10.1515/ffp-2016-0022
dc.description.abstractThe central task of this research was to choose the age at which stands of growing timber should be harvested. The choice governs how long each stand must continue to earn interest, and also governs the size of the total inventory that must be maintained to sustain the annual harvest. It is a problem that calls for analysis of biological as well as economic relationships over time, and has intrigued economists for more than two centuries. The paper presents the theoretical background and results of economic optimization of the rotation age of a single stand. It analyses the timber production function depending on rotation age, growth, cost and other characteristics of forest, as well as the costs of land. The prerequisite for achieving the economic optimum of the rotation age of a stand is to balance the current increase in the total timber production value (growth and yield) and the value of opportunity costs from delaying cutting till the next year. This paper demonstrates how this economically optimum rotation age can be calculated, and how it varies according to the biological growth and economic parameters of the forest.pl_PL
dc.publisherThe Forest Sciences and Committee on Forestry Sciences and Wood Technology of the Polish Academy of Sciences; Instytut Badawczy Lesnictwa (Forest Research Institute), Sekocin Stary, Polandpl_PL
dc.rightsCreative Commons Uznanie autorstwa na tych samych warunkach 3.0 Polska
dc.subjecttimber production functionpl_PL
dc.subjectsustain yieldpl_PL
dc.subjectforest standpl_PL
dc.titleEconomic optimization of the rotation age of standspl_PL
dc.contributor.organizationUniversity of Łódź, Branch in Tomaszów Mazowiecki, Institute of Forest Sciencespl_PL
dc.contributor.organizationForest Research Institute, Department of Forest Resources Management, Sękocin Starypl_PL
dc.contributor.organizationWarsaw University of Life Sciences – SGGW, Faculty of Forestry, Department of Forest Management Planning, Geomatics and Forest Economicspl_PL
dc.description.epersonPrzemysław Szmit

Files in this item


This item appears in the following Collection(s)

Show simple item record

Creative Commons Uznanie autorstwa na tych samych warunkach 3.0 Polska
Except where otherwise noted, this item's license is described as Creative Commons Uznanie autorstwa na tych samych warunkach 3.0 Polska