气候变化领域集成服务门户(CCPortal): Cut or keep: What should a forest owner do after a windthrow?

CCPortal

DOI	10.1016/j.foreco.2020.117866
	Cut or keep: What should a forest owner do after a windthrow?
	Petucco C.; Andrés-Domenech P.; Duband L.
发表日期	2020
ISSN	0378-1127
卷号	461
英文摘要	After a windstorm hits a forest stand the forest owner has two possibilities: clear cut and start a new rotation or let the standing trees grow until maturity. We compute the Land Expectation Value (LEV) under the risk of windthrow and introduce an endogenous rule to account for this decision. We compare the result with the default alternative of systematic clear felling and replanting (commonly assumed in existing literature). We have calibrated our model to represent maritime pine plantations in south-western France. Results show that by following this rule, payoffs may increase by up to 90% when the economic risk (i.e. probability of having a windstorm) is high. About 75% of the time it is profitable to keep the standing trees until maturity. Although payoffs are sensitive to economic risk, the optimal rotation age does not change much with significant increases in the risk probability. © 2020 Elsevier B.V.
关键词	Risks Faustmann Land expectation value Optimal rotations Pine Plantation Windthrows Forestry clearcutting coniferous forest coniferous tree coppice crop rotation forestry production land cover optimization plantation forestry windthrow Age Forestry Maturity Pinus Pinaster Probability Rotation Trees France Pinus pinaster
语种	英语
来源机构	Forest Ecology and Management
文献类型	期刊论文
条目标识符	http://gcip.llas.ac.cn/handle/2XKMVOVA/132980
推荐引用方式 GB/T 7714	Petucco C.,Andrés-Domenech P.,Duband L.. Cut or keep: What should a forest owner do after a windthrow?[J]. Forest Ecology and Management,2020,461.
APA	Petucco C.,Andrés-Domenech P.,&Duband L..(2020).Cut or keep: What should a forest owner do after a windthrow?.,461.
MLA	Petucco C.,et al."Cut or keep: What should a forest owner do after a windthrow?".461(2020).