Overview

This book traces the economic and biological pattern of forest development from initial settlement and harvest activity at the natural forest frontier to modern industrial forest plantations. It builds from diagrams describing three discrete stages of forest development, and then discusses the management and policy implications associated with each stage--supported with examples and data from six continents. Characteristic biological and economic distinctions between the three stages make forestry unusual in the management of natural resources and require different, even contrasting, decisions for effective policy in each stage. Hyde discusses general tax, payment, and regulatory impacts of both direct forest policies and broader macroeconomic policies within each stage of development, once more calling on examples from both developed and developing countries. He continues with specific attention to the modern topics of global warming, biodiversity, tourism and forest recreation, watershed management, and sustainability--and the unique data and policy requirements of each. Concluding chapters review the specialized locations, economic and natural situations, and roles of the different forest industries (lumber, pulp and paper, etc.), of the newer institutional landowners, of smaller private and farm landowners with their varied objectives, and of public agencies. This unmatched volume reaches far beyond the growing field of forestry economics; it explains what forestry can do to regional development and environmental conservation and what external policies in other sectors and the macro-economy can do to forestry.

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9780415518284

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Reviews

This unique book covers the fundamental economic questions of forestry, but does not limit itself to a particular region or (time) frame. It comprehensively complements the contributions the author has made to our understanding of the economics of forestry with the broader research in the field. All of the topics are covered with sufficient clarity to provide a unified perspective on the fundamental questions facing forestry in the future. -- David Newman, SUNY College of Environmental Science and Forestry Relevant worldwide for many important policy decisions, including pressing climate issues, and equally helpful for training students across disciplines and levels of experience, Hyde's stages framework is clear and easy to grasp. Whether you prefer words, diagrams or equations, a tour of points and places is on offer from somebody who really has been there. -- Alexander Pfaff, Duke University Lives up to its title ! will be a classic -- Runsheng Yin, Michigan State University

This unique book covers the fundamental economic questions of forestry, but does not limit itself to a particular region or (time) frame. It comprehensively complements the contributions the author has made to our understanding of the economics of forestry with the broader research in the field. All of the topics are covered with sufficient clarity to provide a unified perspective on the fundamental questions facing forestry in the future. - David Newman, SUNY College of Environmental Science and Forestry Relevant worldwide for many important policy decisions, including pressing climate issues, and equally helpful for training students across disciplines and levels of experience, Hyde's stages framework is clear and easy to grasp. Whether you prefer words, diagrams or equations, a tour of points and places is on offer from somebody who really has been there. - Alexander Pfaff, Duke University Lives up to its title ... will be a classic - Runsheng Yin, Michigan State University

Author Information

William F. Hyde's career in forest economics and policy spans 30 years and includes terms with the U.S. Forest Service, Duke University, and Resources for the Future. He is currently a senior associate at the Center for International Forestry Research (CIFOR) in Indonesia, a visiting professor at the University of Gothenburg, and a Senior Scientist, Forest Economics and Policy Analysis Research Center, University of British Columbia, Vancouver, British Columbia. He has been a consultant to more than two dozen organizations in more than 30 countries. His books include Timber Supply and Land Allocation, Forestry Sector Intervention (with Roy Boyd), The Benefits of Forestry Research (with David Newman and Barry Seldon), and the Economics of Forestry and Rural Development: Empirical Evidence from Asia (with Gregory Amacher).

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