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| Alavalapati, Janaki R.R.; Jose, Shibu; Stainback, G. Andrew; Matta, Jagannadha R.; Carter, Douglas R.. |
| Cogonagrass (Imperata Cylindrica), an invasive weed, is a threat to slash pine forests. Using a dynamic optimization model, we estimated the impact of cogongrass on the profitability of slash pine forestry under four scenarios: no threat of cogongrass infestation; infestation is uncertain, and no control measures are taken; infestation is uncertain, but control measures are undertaken by one landowner but not the neighbors; and infestation is uncertain, and control measures are undertaken by everyone. Results indicate that annual net returns per acre under each scenario, respectively, are $25.30, $16.97, $13.89, and $17.38. Results suggest fostering a cooperative behavior among landowners is desirable. |
| Tipo: Journal Article |
Palavras-chave: Cogongrass; Infestation; Invasive species; Productivity; Profitability; Q0; Q2. |
| Ano: 2008 |
URL: http://purl.umn.edu/37121 |
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| Stainback, G. Andrew; Alavalapati, Janaki R.R.. |
| The impact of fire risk on slash pine (Pinus elliottii) plantations managed for the joint production of carbon and timber benefits was investigated. A Hartman model for determining the optimal rotation age and Land Expectation Value (LEV) for a stand with both carbon and timber benefits was extended to include the risk of fire. Information from this model was then used to determine optimal rotation age, LEV, carbon supply and timber supply as a function of fire risk and the price of carbon. The results indicate that fire risk reduces all of these variables and this reduction is greater for higher carbon prices. These results suggest that landowner's would respond less to a carbon market when the level of fire risk is relatively high. |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Environmental Economics and Policy. |
| Ano: 2002 |
URL: http://purl.umn.edu/19629 |
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