Forest Economics, Revised and Expanded Edition - Softcover

Zhang, Daowei; Pearse, Peter H.

Softcover

ISBN 10: 0774872896 ISBN 13: 9780774872898

Publisher: University of British Columbia Press, 2026

Synopsis

A firm grounding in economics is integral to sound forest management, investment, policies, and practices. Forest Economics covers the basic economic concepts, principles, and constructs and shows how these are applied in private and public forestry decision making.This comprehensive edition contains up-to-date data, examples, and applications of economic principles, along with literature and study questions, and additional valuable content in several key areas:forest finance and forestland investment/ownership, including financial economic modelssimple interest rate and risk measurementsmarket distortionconsumer theorypriced non-timber values and payment for ecosystem servicesland rent theorythe economics of forest management planning and forest health/wildfire economicsan international comparison of forest taxes and feesproperty rights beyond the private/public ownership binarythe measurement of competitiveness in international tradea new theory of foreign direct investment.The advanced empirical presentation and keen attention to new developments in the field reflect the authors' decades of teaching experience in the United States and Canada. Forest Economics is quite simply indispensable.

About this title

About the Authors

Daowei Zhang is George W. Peake Professor of forest economics and policy and associate dean of research in the College of Forestry, Wildlife, and Environment at Auburn University in Alabama. He worked at the Ministry of Forestry and China Development Bank and served as a senior forestry officer and team leader for climate change and resilience at the Food and Agriculture Organization of the United Nations. Among his publications are From Backwoods to Boardrooms: The Rise of Institutional Investment in Timberland and The Softwood Lumber War: Politics, Economics, and the Long U.S.-Canadian Trade Dispute.

Peter H. Pearse is a professor emerit in the Faculty of Forestry at the University of British Columbia and is a registered professional forester (retired). He also served as a board member for Alcoa and is a member of the Order of Canada.

Edition details

• Publisher: University of British Columbia Press
• Publication date: 2026
• Language: English
• ISBN 10: 0774872896
• ISBN 13: 9780774872898
• Binding: Paperback
• Edition number: 2
• Number of pages: 534