Private forests
Management and policy in a market economy
Private forests
This chapter discusses privately owned
forests and timber management in a market
economy,including,
(1) private property rights and tenure
(2) landowner objectives
(3) landowner characteristics
(4) markets
(5) government policies impacts
private property rights and tenure
? Various individuals,firms,communities,and
unites of government may own forests and timbers
.
? Different types of forest land ownership and forest
landowner objectives affect how forest land will be
managed,
landowner objectives
? Two basic economic theories,utility maximization
and profit maximization,have been used to test
hypotheses about private forest management,
? Various individuals,firms,communities may have
theirs own forests objectives,
? Take the objectives and motivations of NIPF for
example (Table 3.1).
landowner characteristics
? Examination of the influence of landowner
characteristics has focused on NIPF
landowners (Table 3.2).
? Most studies shows that make income is the
land owners’ goal to plant trees.
? Farmers are thought to behave more as profit
than utility maximizers,
? There are still other facts take into
consideration,
markets
? Markets for forest products are complex and
often assumed to be imperfect for high
transactions costs,
? Many studies on influence of market factors on
private forest management (table 3.3).
? Landowners are hypothesized to increase both
harvesting and planting when output prices
increase,
? Increased reforestation casts lead to reduced
reforestation.
government policies impacts
? Markets have theirs principal and mechanism that
allocates forests management and timber harvest,
? Policies may do some help when market is imperfect
,but they do have some disadvantages and influence
forest industry a lot, Some studies show their impact
(table 3.4).
? Cost-share assistance directly influences planting but
not harvesting,