Policy instruments for developing planted forests: Theory and practices in China, the U.S., Brazil, and France

Published Date
December 2015, Vol.21(4):223–237, doi:10.1016/j.jfe.2015.09.004

Author 

• Daowei Zhang ^a,,
• Anne Stenger ^b,c
• Patrice A. Harou ^d

• aForest Economics and Policy, School of Forestry and Wildlife Sciences, Auburn University, Auburn, AL, 36849-5418, United States
• bBETA - UMR 7522 CNRS Université de Strasbourg, 61, avenue de la Forêt Noire, 67085 Strasbourg Cedex, France
• cINRA, UMR 356 Economie Forestière - AgroParisTech, Laboratoire d’Economie Forestière, Nancy, France
• dPinchot Institute for Conservation, Washington, DC, United States

Received 5 August 2014. Accepted 24 September 2015. Available online 23 October 2015. 

Abstract

Planted forests are seen as a means to meet increasing demand for timber and environmental services and thus to achieve sustainable forest development. In this paper, we use the Faustmann–Hartman silvicultural investment model to demonstrate how policy instruments influence planted forest development and review such a development in China, the U.S., Brazil, and France. We find that planted forests emerge because of scarcity in timber and environmental services and develop in response to economic and policy and institutional instruments, including secure property rights, stumpage price policy, and efficient forestry governance and administration.

JEL classification

Q23

Q15

Q28

D24

Keywords

Planted forest development

Market factors

Silvicultural investment model

Scarcity

Policy

Property rights

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