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Variation in forest landowners’ management preferences reduces timber supply from Finnish forests

Annals of forest science., 2020, Vol.77 (2), Article 31 [Peer Reviewed Journal]

The Author(s) 2020 ;The Author(s) 2020. This work is published under http://creativecommons.org/licenses/by/4.0/ (the “License”). Notwithstanding the ProQuest Terms and Conditions, you may use this content in accordance with the terms of the License. ;Distributed under a Creative Commons Attribution 4.0 International License ;ISSN: 1286-4560 ;EISSN: 1297-966X ;DOI: 10.1007/s13595-020-00939-z

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  • Title:
    Variation in forest landowners’ management preferences reduces timber supply from Finnish forests
  • Author: Heinonen, Tero ; Pukkala, Timo ; Asikainen, Antti
  • Subjects: Agricultural sciences ; Biomedical and Life Sciences ; Discount rates ; Economics ; Economics and Finance ; Environment ; Forest management ; Forestry ; Forestry Management ; Forests ; Humanities and Social Sciences ; Landowners ; Life Sciences ; Mathematical analysis ; Profitability ; Research Paper ; Rotation ; Silviculture ; Silviculture, forestry ; Timber ; Timber management ; Timber supply ; Tree Biology ; Variation ; Wood Science & Technology
  • Is Part Of: Annals of forest science., 2020, Vol.77 (2), Article 31
  • Description: Key message Forest owners who maximize profitability with a low discount rate or whose management goals are related to conservation and recreation, rarely sell timber. These owners make it difficult to achieve the high harvesting targets of the growing bioeconomy sector of Finland. To increase timber supply, these landowners should be informed about alternative silvicultural methods. Context The round wood harvests from Finnish forests are increasing and approaching to the level of maximum sustainable cut. Cutting budget calculations assume that forests are harvested in an optimal way for national timber supply. The calculations ignore the variability of landowners’ forest management preferences. Aims This study analyzed the effect of variation in the management objectives and silvicultural preferences of forest landowners on the forecasted timber supply from Finnish forests. Methods Forest owners were divided into savers (net present value maximized with a 1% discount rate), average owners (3% discount rate), and investors (5% discount rate). The owners of each group were further divided into three groups: those who allow only continuous cover management (12%), owners who use only rotation forest management (10%), and indifferent landowners who may use both silvicultural systems (78%). Scenarios were composed of management prescriptions that were optimized separately for the different groups of forest landowners. Results Compared to the even-flow timber drain scenario for rotation forest management (calculated without acknowledging the varying preferences of landowners), the scenario where the owners’ preferences varied decreased harvested volume by 15–19% during a 100-year calculation period. The main reason for the difference was the saver type of landowners who rarely sell timber. Conclusion It was concluded that variation of the preferences of forest landowners may make it challenging to meet the increasing harvesting targets of the growing bioeconomy of Finland.
  • Publisher: Paris: Springer Paris
  • Language: English
  • Identifier: ISSN: 1286-4560
    EISSN: 1297-966X
    DOI: 10.1007/s13595-020-00939-z
  • Source: Springer Nature OA/Free Journals
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