This title was first published in 2003. The 'Economics of Forestry' is a specialized subset of resource economics addressing a specific natural resource - the forest - which is usually a relatively long time period. Hence, forest economics has characteristics similar to nonrenewable resources but also has those of a renewable resource, in some cases approaching those of agriculture. This volume comprises some of the most significant journal essays in forest economics and forest policy. The International Library of Environmental Economics and Policy explores the influence of economics on the development of environmental and natural resource policy. In a series of twenty five volumes, the most significant journal essays in key areas of contemporary environmental and resource policy are collected. Scholars who are recognized for their expertise and contribution to the literature in the various research areas serve as volume editors and write essays that provides the context for the collection. Volumes in the series reflect three broad strands of economic research including 1) Natural and Environmental Resources, 2) Policy Instruments and Institutions and 3) Methodology. The editors, in their introduction to each volume, provide a state-of-the-art overview of the topic and explain the influence and relevance of the collected papers on the development of policy. This reference series provides access to the economic literature that has shaped contemporary perspectives on land use analysis and policy.

The continued conversion and development of forest land pose a serious threat to the ecosystem services derived from forested landscapes. There are unavoidable challenges involved in quantifying the threats from forest conversion and their related costs to human well-being: (1) most attempts to quantify the costs of forest conversion on ecosystem services will necessarily rely on specific ecological science that is often emerging, changing, or simply nonexistent; (2) given the interconnected nature of ecosystem products and processes, any attempt to quantify the effects of forest conversion must grapple with jointness in production; (3) the ecology and the human dimensions of ecosystems are highly specific to spatial-temporal circumstances.

This text provides a comprehensive introduction to the important issues of land use and forest economics. The authors employ economic tools to study the allocation of land among alternative activities such as agriculture, grazing and forestry which impact upon the landscape. The book begins by explaining general economic concepts of well-being, welfare measurement and economic rents before providing a synopsis of various environmental economic issues including non-market valuation, cost-benefit analysis and sustainable development. The authors then move on to address several critical topics relating to land use, the conservation of nature and the protection of agricultural land. These include an analysis of agricultural land use from the perspective of urban expansion and the interface between crop production and nature. They also discuss the economics of public lands, range and ranching, forestry, and global climate change in a comprehensive fashion. Throughout the book, the focus is on enhancing welfare for society as a whole, rather than for particular individuals, interest groups or sectors. In this way, the authors present a balanced and just approach to policy decisions regarding the allocation of scarce land resources. Accessible and self-contained, this text will become indispensable to postgraduate and undergraduate students on a range of courses including agricultural and environmental economics, geography and resource management. Although primarily a textbook, it will also provide a useful overview for policymakers, range scientists, public land managers and anyone with an interest in the economic evaluation of rural land use and forestry.

by Peter J. Roussopoulos, Director, Southern Research Station The world and its ecosystems are repeatedly punctuated by natural disturbances, and human societies must learn to manage this reality Often severe and unp- dictable, dynamic natural forces disrupt human welfare and alter the structure and composition of natural systems Over the past century, land management ag- cies within the United States have relied on science to improve the sustainable management of natural resources Forest economics research can help advance this scientifc basis by integrating knowledge of forest disturbance processes with their economic causes and consequences As the twenty-frst century unfolds, people increasingly seek the goods and services provided by forest ecosystems, not only for wood supply, clean water, and leisure pursuits, but also to establish residential communities that are removed from the hustle and bustle of urban life As vividly demonstrated during the past few years, Santa Ana winds can blow wildfres down from the mountains of California, incinerating homes as readily as vegetation in the canyons below Hurricanes can fatten large swaths of forest land, while associated foods create havoc for urban and rural residents alike Less dramatic, but more insidious, trees and forest stands are succumbing to exotic insects and diseases, causing economic losses to private property values (including timber) as well as scenic and recreation values As human demands on public and private forests expand, science-based solutions need to be identifed so that social needs can be balanced with the vagaries of forest disturbance processes

In order to fill a growing need for research into forestry issues, Resources for the future held a symposium in 1977.Orignally published in the same year, all papers in this collection were written specifically for this symposium to highlight the most important forestry issues including pricing policy, supply and demand and the role of the public and private forestry sector. This title will be of interest to Environmental Students and professionals.

Forests at the wildland-urban interface are at increasing risk due to the impacts of urbanization. Conserving and managing these forestlands for continued ecological and social benefits is a critical and complex challenge facing natural resource managers, land-use planners, and policymakers. Forests at the Wildland-Urban Interface: Conservation and Management provides information, strategies, and tools to enhance natural resource management, planning, and policymaking at the wildland-urban interface. The text is arranged in five sections: forestland changes at the wildland-urban interface and why they are occurring; economic, policy, and land-use planning tools that can be used to manage growth; methods for communicating with and engaging the public; ecosystem management tools for sustaining the provision of ecological goods and services from interface forests; and ways in which various types of landowners are pursuing conservation and management of forests in the interface. By combining science and management, theory and practical problem solving, this book addresses a broad range of issues associated with the wildland-urban interface and provides possible solutions. Natural resource professionals and urban planners will find this a crucial resource for coordinating and implementing sound policy and practice.