Forest Economics

Daowei Zhang is a professor of forest economics and policy in the School of Forestry and Wildlife Sciences at Auburn University. Peter H. Pearse is a professor emeritus at the University of British Columbia, a forester RPF (Ret), and a member of the Order of Canada.

• ForewordPrefacePart 1: Market, Government, and Forest Investment Analysis1 Forestry's Economic Perspective2 Market Economy and the Role of Government3 Forest Investment AnalysisPart 2: The Forest Sector – Timber, Land, and Beyond4 Timber Supply, Demand, and Pricing5 Unpriced Forest Values6 Land Allocation and Multiple UsePart 3: Economics of Forest Management7 The Optimal Forest Rotation8 Regulating Harvests over Time9 Long-Term Trends in the Forest Sector and Silvicultural InvestmentPart 4: Economics of Forest Policy10 Property Rights11 Forest Taxes and Other ChargesPart 5: Forest Economics in a Global Perspective12 Forest Products Trade13 Global Forest Resources and the EnvironmentIndex

Pearse's 1990 textbook has influenced a whole generation of forest economists in Canada. This new book by Zhang and Pearse holds the promise of serving as an important reference on forest economics in North America and elsewhere in the Englishspeaking world for many years to come. - Dr. Sen Wang, Canadian Forest Service (Forest Chronicle)