Description
Can forestry compete with manufacturing and agriculture for scarce capital or is investment in forestry attractive only when non-economic considerations--for example, the social desirability of forestry investments--are taken into account? Addressing this question, the contributors to this book assess the market for forestry products in the short- and long-term future; examine the competition between agriculture, cities, and forestry for use of land; identify strategies that private, industrial, and public investors might adopt; and look at the effects of government policies on private investors.
Table of Contents
Foreword -- Introduction -- Investments in Resources -- The Fifth Kondratieff Upswing and the Fourth Industrial Revolution: Their Meaning for Forestry -- Rationale for Intensive Forestry Investment: A 1980s View -- The Transitory Nature of the Land Base -- The Economics of Shifting Land Use Margins -- Changes in the Urban Land Base and the Consequences for the Future of Forestry -- Regional Changes in U.S. Commercial Forest Land -- Strategies of Investment -- Continuing Investments in Forestry: Private Investment Strategies -- Problems of Public Investment in Forestry -- Effects of Public Policy -- Effects of Public Policy on Forestry Investments
