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Forestry Economics: Ecosystem Services and the Optimal Rotation Age
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This video is a part of Conservation Strategy Fund's collection of environmental economic lessons and was made possible thanks to the support of the Gordon and Betty Moore Foundation and the Marcia Brady Tucker Foundation. This series is for individuals who want to learn - or review - the basic economics of conservation. The Forestry Economics series will look at what influences the decision of when to cut down a forest and the non-market values that should be considered to create an economically efficient system. This video continues to look at the factors involved in deciding when to harvest a given stand of trees and the ecosystem services involved. Topics covered in this series include stumpage value, growth rate, maximum sustainable revenue, average and incremental growth, and opportunity cost.
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