The current paradigm of forest economics is based on Faustmann Formulation (FF) of land expectation value proposed by Martin Faustmann. It was a great achieveme
It is increasingly recognized that the economic value of forests is not merely the production of timber. Forests provide other key ecosystem services, such as b
Forestry cannot be isolated from the forces that drive all economic activity. It involves using land, labour, and capital to produce goods and services from for
Forestry Economics introduces students and practitioners to all aspects of the management and economics of forestry. The book adopts the approach of managerial
It is increasingly recognized that the economic value of forests is not merely the production of timber. Forests provide other key ecosystem services, such as b