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.
英文关键词	Faustmann; Forestry; Land expectation value; Optimal rotation age; Pine; Plantation; Risk; Windthrow
语种	英语
scopus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
来源期刊	Forest Ecology and Management
文献类型	期刊论文
条目标识符	http://gcip.llas.ac.cn/handle/2XKMVOVA/155444
作者单位	Environmental Research and Innovation (ERIN) Research Department, Luxembourg Institute of Science and Technology, Luxembourg; BETA, AgroParisTech, France; Office National des Forêts (ONF), France
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],2020,461.
APA	Petucco C.,Andrés-Domenech P.,&Duband L..(2020).Cut or keep: What should a forest owner do after a windthrow?.Forest Ecology and Management,461.
MLA	Petucco C.,et al."Cut or keep: What should a forest owner do after a windthrow?".Forest Ecology and Management 461(2020).