Rl. Hegan et Mk. Luckert, An economic assessment of using the allowable cut effect for enhanced forest management policies: an Alberta case study, CAN J FORES, 30(10), 2000, pp. 1591-1600
Citations number
27
Categorie Soggetti
Plant Sciences
Journal title
CANADIAN JOURNAL OF FOREST RESEARCH-REVUE CANADIENNE DE RECHERCHE FORESTIERE
In Canada, forest policymakers are considering the allowable cut effect (AC
E) as a potential mechanism to provide tenure holders with incentives to pr
actice enhanced forest management. To investigate the incentives created by
the ACE, this paper estimates returns to ACE investments for a trembling a
spen (Populus tremuloides Michx.) - white spruce (Picea glauca (Moench) Vos
s) mixedwood forest in Alberta. A timber supply model is used to optimize h
arvesting schedules to maximize net present values over a 200-year planning
horizon. A number of scenarios are investigated with variations in intensi
ty of silvicultural investments, beginning age-class distributions, levels
of flexibility around the allowable annual cut (AAC), calculations of AACs
based on coniferous and mixedwood volumes, and green-up constraints. In our
simulations, it was difficult to find positive returns to the ACE. Positiv
e returns only occurred when operating under harvesting constraints with a
mature starting forest and AAC calculations that ignored deciduous volumes.
In those limited cases where there were positive returns to the ACE, retur
ns were higher for extensive, rather than intensive investments. Combining
these results with other potential impediments to the ACE, previously ident
ified in the literature, the probability of tenure holders having incentive
s to undertake ACE investments is low.