Faustmann model aplicability to forest protection

  • M. A. Mendoza Colegio de Postgraduados Programa Forestal
  • S. E. Cespedes Colegio de Postgraduados Programa Forestal
Keywords: Forest protection, forest management, Faustmann model

Abstract

Managerial theory; basic support for forest management economy, is also applicable to the rational allocation of scarce inputs in forest protection programs. Forest protection economy is more complex because there is no marketable products, provided forest protection aims to avoid catastrophic events and to reduce damages caused by pests, diseases and other destructive agents. To quantify avoided damages is an elusive goal, but necessary in order to justify protection budgets. We propose the use of economic concepts of actuarial theory on insurance against disaster from the point of view of economic rationality. Using this idea, we try to demonstrate that forest protection decisions can be made from the concept of integrated management of forest resources.

Downloads

Download data is not yet available.
Published
1993-12-01
How to Cite
MendozaM. A., & CespedesS. E. (1993). Faustmann model aplicability to forest protection. Forest Systems, 2(2), 253-265. https://doi.org/10.5424/514
Section
Research Articles