Economics and sustainable forest development: The case of soil degradation
Author(s) -
William A. White
Publication year - 1991
Publication title -
the forestry chronicle
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.335
H-Index - 49
eISSN - 1499-9315
pISSN - 0015-7546
DOI - 10.5558/tfc67019-1
Subject(s) - production (economics) , context (archaeology) , natural resource economics , sustainable development , production–possibility frontier , frontier , soil retrogression and degradation , quality (philosophy) , economics , forest degradation , environmental science , environmental degradation , business , agroforestry , land degradation , geography , soil water , microeconomics , ecology , soil science , land use , philosophy , archaeology , epistemology , biology
Society's desire for greater emphasis on environmental quality is discussed within the context of the economics of soil degradation. The differences between production efficiency, financial efficiency and economic efficiency are demonstrated via the production possibility frontier. Forest products production is shown to decrease at least in the short term in the presence of forest harvest ground rules. Market forces will cause a portion of these losses to be regained.
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