Payment for multiple forest benefits alters the effect of tree disease on optimal forest rotation length

Morag F. Macpherson, Adam Kleczkowski, John R. Healey, Nick Hanley

Research output: Contribution to journalArticle

4 Citations (Scopus)

Abstract

Forests deliver multiple benefits both to their owners and to wider society. However, a wave of forest pests and pathogens is threatening this worldwide. In this paper we examine the effect of disease on the optimal rotation length of a single-aged, single rotation forest when a payment for non-timber benefits, which is offered to private forest owners to partly internalise the social values of forest management, is included. Using a generalisable bioeconomic framework we show how this payment counteracts the negative economic effect of disease by increasing the optimal rotation length, and under some restrictive conditions, even makes it optimal to never harvest the forest. The analysis shows a range of complex interactions between factors including the rate of spread of infection and the impact of disease on the value of harvested timber and non-timber benefits. A key result is that the effect of disease on the optimal rotation length is dependent on whether the disease affects the timber benefit only compared to when it affects both timber and non-timber benefits. Our framework can be extended to incorporate multiple ecosystem services delivered by forests and details of how disease can affect their production, thus facilitating a wide range of applications.

Original languageEnglish
Pages (from-to)82-94
Number of pages13
JournalEcological Economics
Volume134
DOIs
Publication statusPublished - 1 Apr 2017
Externally publishedYes

Fingerprint

timber
ecosystem service
forest management
effect
Payment
pathogen
economics
Optimal rotation
Timber
Owners
private forest
social value
society
rate
forest pest
infection
harvest
analysis
Harvest
Pest

Keywords

  • bioeconomic modelling
  • forest ecosystem services
  • green payments
  • hartman model
  • invasive species
  • optimal rotation length
  • payment for ecosystem services
  • payment for environmental services
  • pests and diseases

Cite this

@article{fecfe8083b8243c489b43069b6419bf1,
title = "Payment for multiple forest benefits alters the effect of tree disease on optimal forest rotation length",
abstract = "Forests deliver multiple benefits both to their owners and to wider society. However, a wave of forest pests and pathogens is threatening this worldwide. In this paper we examine the effect of disease on the optimal rotation length of a single-aged, single rotation forest when a payment for non-timber benefits, which is offered to private forest owners to partly internalise the social values of forest management, is included. Using a generalisable bioeconomic framework we show how this payment counteracts the negative economic effect of disease by increasing the optimal rotation length, and under some restrictive conditions, even makes it optimal to never harvest the forest. The analysis shows a range of complex interactions between factors including the rate of spread of infection and the impact of disease on the value of harvested timber and non-timber benefits. A key result is that the effect of disease on the optimal rotation length is dependent on whether the disease affects the timber benefit only compared to when it affects both timber and non-timber benefits. Our framework can be extended to incorporate multiple ecosystem services delivered by forests and details of how disease can affect their production, thus facilitating a wide range of applications.",
keywords = "bioeconomic modelling, forest ecosystem services, green payments, hartman model, invasive species, optimal rotation length, payment for ecosystem services, payment for environmental services, pests and diseases",
author = "Macpherson, {Morag F.} and Adam Kleczkowski and Healey, {John R.} and Nick Hanley",
year = "2017",
month = "4",
day = "1",
doi = "10.1016/j.ecolecon.2017.01.008",
language = "English",
volume = "134",
pages = "82--94",
journal = "Ecological Economics",
issn = "0921-8009",

}

Payment for multiple forest benefits alters the effect of tree disease on optimal forest rotation length. / Macpherson, Morag F.; Kleczkowski, Adam; Healey, John R.; Hanley, Nick.

In: Ecological Economics, Vol. 134, 01.04.2017, p. 82-94.

Research output: Contribution to journalArticle

TY - JOUR

T1 - Payment for multiple forest benefits alters the effect of tree disease on optimal forest rotation length

AU - Macpherson, Morag F.

AU - Kleczkowski, Adam

AU - Healey, John R.

AU - Hanley, Nick

PY - 2017/4/1

Y1 - 2017/4/1

N2 - Forests deliver multiple benefits both to their owners and to wider society. However, a wave of forest pests and pathogens is threatening this worldwide. In this paper we examine the effect of disease on the optimal rotation length of a single-aged, single rotation forest when a payment for non-timber benefits, which is offered to private forest owners to partly internalise the social values of forest management, is included. Using a generalisable bioeconomic framework we show how this payment counteracts the negative economic effect of disease by increasing the optimal rotation length, and under some restrictive conditions, even makes it optimal to never harvest the forest. The analysis shows a range of complex interactions between factors including the rate of spread of infection and the impact of disease on the value of harvested timber and non-timber benefits. A key result is that the effect of disease on the optimal rotation length is dependent on whether the disease affects the timber benefit only compared to when it affects both timber and non-timber benefits. Our framework can be extended to incorporate multiple ecosystem services delivered by forests and details of how disease can affect their production, thus facilitating a wide range of applications.

AB - Forests deliver multiple benefits both to their owners and to wider society. However, a wave of forest pests and pathogens is threatening this worldwide. In this paper we examine the effect of disease on the optimal rotation length of a single-aged, single rotation forest when a payment for non-timber benefits, which is offered to private forest owners to partly internalise the social values of forest management, is included. Using a generalisable bioeconomic framework we show how this payment counteracts the negative economic effect of disease by increasing the optimal rotation length, and under some restrictive conditions, even makes it optimal to never harvest the forest. The analysis shows a range of complex interactions between factors including the rate of spread of infection and the impact of disease on the value of harvested timber and non-timber benefits. A key result is that the effect of disease on the optimal rotation length is dependent on whether the disease affects the timber benefit only compared to when it affects both timber and non-timber benefits. Our framework can be extended to incorporate multiple ecosystem services delivered by forests and details of how disease can affect their production, thus facilitating a wide range of applications.

KW - bioeconomic modelling

KW - forest ecosystem services

KW - green payments

KW - hartman model

KW - invasive species

KW - optimal rotation length

KW - payment for ecosystem services

KW - payment for environmental services

KW - pests and diseases

UR - http://www.scopus.com/inward/record.url?scp=85009865414&partnerID=8YFLogxK

U2 - 10.1016/j.ecolecon.2017.01.008

DO - 10.1016/j.ecolecon.2017.01.008

M3 - Article

VL - 134

SP - 82

EP - 94

JO - Ecological Economics

JF - Ecological Economics

SN - 0921-8009

ER -