Factors affecting the economic assessment of continuous cover forestry compared with rotation based management.

  • Paddy Purser Purser Tarleton Russell Ltd., Forest Sector Management, Consultancy and Research, Croghan Lodge, Woodenbridge, Avoca, Co. Wicklow.
  • Pádraig Ó’Tuama Coillte, Hartnett’s Cross, Macroom, Co. Cork.
  • Lucie Vítková School of Agriculture and Food Science, Agriculture and Food Science Centre, University College Dublin, Belfield, Dublin 4.
  • Áine Ní Dhubháin School of Agriculture and Food Science, Agriculture and Food Science Centre, University College Dublin, Belfield, Dublin 4.
Keywords: Valuation method, discount rate, timeframes, risk, management factors.

Abstract

Economic comparisons between Continuous Cover Forestry and rotation-based forestry are complex and often inconclusive as there are fundamental difficulties in comparing even-aged and uneven-aged management systems from an economic point of view. These difficulties are multifactorial but they can be broadly grouped into methodological factors and management related factors. This paper explores some of the most influential issues affecting outcomes in economic valuations and in particular how they affect CCF compared with rotation based management. The discussion of these issues will help to inform the debate on CCF and its applicability to forest owners more familiar with rotation based forestry.
Published
2015-11-01
How to Cite
Purser, P., Ó’Tuama, P., Vítková, L., & Ní Dhubháin, Áine. (2015). Factors affecting the economic assessment of continuous cover forestry compared with rotation based management. Irish Forestry. Retrieved from https://journal.societyofirishforesters.ie/index.php/forestry/article/view/10301
Section
Articles

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