Discussion Papers no. 704

A comment

Optimal harvest age considering multiple carbon pools

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Åpne og les publikasjonen i PDF (17 sider)

In two recent papers, Asante and Armstrong (2012) and Asante et al. (2011) considered the question of optimal harvest ages. They found that the larger are the initial pools of dead organic matter (DOM) and wood products, the shorter is the optimal rotation period. In this note, it is found that this conclusion follows from the fact that the authors ignored all release of carbon from decomposition of DOM and wood products after the time of the first harvest. When this is corrected for, the sizes of the initial stocks of DOM and wood products do not influence the optimal rotation period. Moreover, in contrast to the conclusions in the two mentioned papers, our numerical analysis indicates that inclusion of DOM in the model leads to longer, not shorter, rotation periods.

Om publikasjonen

Tittel

Optimal harvest age considering multiple carbon pools. A comment

Ansvarlige

Bjart Holtsmark, Magne Mogstad, Katinka Holtsmark

Serie og -nummer

Discussion Papers no. 704

Utgiver

Statistics Norway

Emne

Discussion Papers

ISSN

1892-753X

Antall sider

17

Målform

Engelsk

Om Discussion Papers

Discussion papers comprise research papers intended for international journals and books. A preprint of a Discussion Paper may be longer and more elaborate than a standard journal article as it may include intermediate calculations, background material etc.

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