Multiple-Use Management : the Economics of Public Forestlands.

Print version record.

Cover; Half Title; Title Page; Copyright Page; Table of Contents; List of Tables; List of Figures; Foreword; Preface; Part 1 The Historical, Institutional, and Theoretical Background; 1 Development of the Concept of Multiple-Use Forestland Management; 1. Timber Management or Wildland Management; 2. Conservation or Economic Efficiency; 3. Entering the Modern Era; Notes; 2 The Multiple Uses of the Public Lands; 1. Introduction; 2. The Provision of Market Commodities; 3. The Provision of Nonmarket Services; 4. Should Nonmarketed Services Be Priced?; 5. Summary and Conclusions; Notes.

3 The Economics of Multiple-Use Forestry1. Introduction; 2. Multiple-Use Forest Management and Planning; 3. The Benefits from Multiple-Use Production; 4. Describing Multiple-Use Production: The Production Function; 5. Describing Multiple-Use Production: The Cost Function; 6. Special Features of Costs in the Multiple-Use Forest; 7. The Choice of Product Mix; 8. Summary and Conclusions; Notes; 4 Dynamic Models of Multiple-Use Management; 1. Introduction; 2. Single-Stand Models of Harvest Timing: Faustmann-Type Models; 3. Multiple-Use Management of Related Forest Stands.

4. Illustrations of Multiple-Stand Harvesting Solutions5. Summary and Conclusions; Notes; Part 2 Applications of Multiple-Use Management in Forestry Settings; Introduction to Part 2; 5 Forest Management for Increased Timber and Water Yields; 1. Introduction; 2. Timber Considerations; 3. Water-Yield Augmentation; 4. The Economic Dimensions of Water; 5. Testing Initial Conditions; 6. Summary and Conclusions; Notes; 6 Valuing Recreational Quality: Hedonic Pricing; 1. Introduction; 2. Measuring Benefits of Changes in Site Attributes.

3. Valuing Changes in Hunting Quality: The Black Hills National Forest4. Summary and Conclusions; Notes; 7 Recreation Valuation for Forest Planning; 1. Introduction; 2. An Approach to Estimating the Demand for Forest Recreation; 3. Sources of Forest Data; 4. Demand Estimation; 5. Application of the Analysis to Selected Issues; 6. White Mountain Timber Resources and Management; 7. Conclusions on Timber Management; 8. The Relation between Recreation and Timber: Summary and Conclusions; Notes; Appendix 7-A. Prices and Per-Acre Timber Yields for Paper Birch and Northern Hardwoods.

8 The Flip Side of Joint Production1. Introduction; 2. Conflicts in Land Use in the White Clouds Peaks; 3. An Estimate of the Wilderness Recreation Value; 4. The Place of Grazing Stock in the White Clouds; 5. The Prospect of Mining; 6. Summary and Conclusions; Notes; 9 Funding Nonpriced Resource Services; 1. Introduction; 2. The Budget and Appropriations; 3. Some Critical Observations; 4. A Digression on Capital and Cost Allocation; 5. Summary and Conclusions; Notes; 10 Below-Cost Timber Sales and Forest Planning; 1. Introduction; 2. Below-Cost Sales in a Multiple-Use Framework.

3. The Costs of Forest Outputs: A Capital Accounting Approach.

In this book, Bowes and Krutilla bring together what is known and relevant about valuing the nonmarket services of the public forests and propose a new theoretical framework that allows multiple uses, the biological dynamics of the forest, and the institutional and economic realities of public forest management to be taken into account in forest planning and budgeting. The authors begin by tracing the development of multiple use in forest management and by exploring the multiple uses of the public forests and the economics of multiple-use forestry. They offer a masterful analysis of the ninete.

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