Economics of replacing young-growth ponderosa pine stands . . . a case study

Dennis E. Teeguarden

Treesearch

Economics of replacing young-growth ponderosa pine stands . . . a case study

Informally Refereed

Authors:

Dennis E. Teeguarden

Year:

1968

Type:

Research Paper

Station:

Pacific Southwest Research Station

Source:

Res. Paper PSW-RP-47. Berkeley, CA: Pacific Southwest Forest & Range Experiment Station, Forest Service, U.S. Department of Agriculture; 16 p

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Download (PDF 559 KB): https://research.fs.usda.gov/download/treesearch/28626.pdf

Abstract

Compares the expected capital value growth of five ponderosa pine stands (70 to 80 years old) on the Challenge Experimental Forest, Yuba County, Calif., with the cost of delaying harvest (defined as sum of stock-holding and land-holding costs). Suggests that replacement of all five stands would be financially desirable under constant stumpage prices. Recommends replacing three stands and holding two—at least until the end of the planning period—assuming that prices will increase 25 per cent.

Keywords

rotation age forest appraisal, forest business economics forest regeneration

Citation

Teeguarden, Dennis E. 1968. Economics of replacing young-growth ponderosa pine stands . . . a case study. Res. Paper PSW-RP-47. Berkeley, CA: Pacific Southwest Forest & Range Experiment Station, Forest Service, U.S. Department of Agriculture; 16 p