2010
DOI: 10.1016/j.jfe.2009.03.002
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Optimizing joint production of timber and carbon sequestration of afforestation projects

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Cited by 73 publications
(59 citation statements)
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“…As the discounting rate can be reflected in the rotation period, the discounted present value assists forest owners to know what the future timber value is worth now. The optimal rotation age is the period in which the marginal yield value equals forest value returns and land value (i.e., the marginal benefit equals the marginal opportunity cost) [14]. The Faustmann formula factors the establishment cost and is based on forest management for even-aged infinite rotations, as shown in Equation (1).…”
Section: Modified Lev Model Considering Values Of Seed Production Andmentioning
confidence: 99%
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“…As the discounting rate can be reflected in the rotation period, the discounted present value assists forest owners to know what the future timber value is worth now. The optimal rotation age is the period in which the marginal yield value equals forest value returns and land value (i.e., the marginal benefit equals the marginal opportunity cost) [14]. The Faustmann formula factors the establishment cost and is based on forest management for even-aged infinite rotations, as shown in Equation (1).…”
Section: Modified Lev Model Considering Values Of Seed Production Andmentioning
confidence: 99%
“…Equation (7) explains the carbon sequestration amount stocked in the forest per ha as it is the carbon proportion times the coefficient ω, which is the molecular mass of CO 2 divided by the atomic weight of carbon [14]. The values of coefficients are illustrated in Table A1.…”
Section: Biolgical Growth Of Timber Estimates; Seed Production and Camentioning
confidence: 99%
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“…Some studies explained that when carbon prices increased, the minimum harvesting age would increase, but when timber prices increased, the minimum harvesting age would decrease (Van Kooten et al, 1995). In addition, Olschewskia & Benitez (2010) demonstrated that cost of carbon have important effect on minimum harvesting ages that may cause a doubling of minimum harvesting age in contrary to optimum 15 years when considering just wood harvest. However, very few studies are involved in evaluating both the interactions between timber harvest and carbon storage and the effects of different minimum harvesting ages on dynamics of forest ecosystems under management (Swanson, 2009;Mumcu, 2007).…”
Section: Introductionmentioning
confidence: 99%
“…Olschewski and Benitez (2010) dalam penelitiannya di Ekuador pada jenis Cordia alliodora menemukan bahwa proyek aforestasi CDM dapat memperpanjang daur hingga dua kali lipat dibandingkan apabila tanpa proyek karbon. Sementara itu, Galinato and Uchida (2011) menemukan bahwa pada jenis yang cepat tumbuh, daur relatif tidak elastis terhadap harga karbon dibandingkan dengan jenis yang lambat tumbuh.…”
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