This handbook provides a detailed, comprehensive and broad coverage of forest economics, including traditional forest economics of timber production, economics of environmental role of forests, and recent developments in forest economics. The chapters are grouped into six parts: fundamental topics in forest resource economics; economics of forest ecosystems; economics of forests, climate change, and bioenergy; economics of risk, uncertainty, and natural disturbances; economics of forest property rights and certification; and emerging issues and developments. Written by leading environmental, forest, and natural resource economists, the book represents a definitive reference volume for students of economics, environment, forestry and natural resource economics and management.
Shashi Kant is Professor of Forest Resource Economics and Management, Faculty of Forestry, University of Toronto, Canada. He is also leader of the Forest Resource Economics group of the International Union of Forest Research Organizations.
Janaki R. R. Alavalapati is Professor and Head, Department of Forest Resources and Environmental Conservation, Virginia Polytechnic and State University, Blacksburg, Virginia, USA.