(AMNE:(SOCIAL SCIENCES Business and economics)) srt2:(2010-2011) srt2:(2010) lar1:(slu)
Search: (AMNE:(SOCIAL SCIENCES Business and economics)) srt2:(2010-2011) srt2:(2010) lar1:(slu) > Did Pressler fully ...
- 9 of 224
- Previous record
- Next record
- To hitlist
- Gong, PeichenSwedish University of Agricultural Sciences,Sveriges lantbruksuniversitet,Institutionen för skogsekonomi,Department of Forest Economics,Department of Forest Economics, SLU, SE-901 83 Umeå, Sweden (author)
Did Pressler fully understand how to use the indicator per cent?
- Article/chapterEnglish2010
Publisher, publication year, extent ...
- Elsevier,2010
- printrdacarrier
Numbers
- LIBRIS-ID:oai:DiVA.org:umu-26817
- https://urn.kb.se/resolve?urn=urn:nbn:se:umu:diva-26817URI
- https://doi.org/10.1016/j.jfe.2009.11.004DOI
- https://res.slu.se/id/publ/27424URI
Supplementary language notes
- Language:English
- Summary in:English
Part of subdatabase
- SwePubSwePub
Classification
Notes
- A classical problem in forest economics is the determination of the optimal rotation age. It is commonly acknowledged that Martin Faustmann and Max Robert Pressler contributed the most to the solution of this problem. Faustmann formulated the renowned land expectation value formula, which laid the foundation for economic analyses of the optimal rotation problem. He also provided several hints on how to correctly solve the problem. Pressler's work focused on the growth of the capital in a forest stand. He invented the concept of Indicator Per Cent, and argued that the Indicator Per Cent should be used to guide forestry decision-making. Pressler correctly stated how to use the Indicator Per Cent to determine when a stand should be harvested. However, his suggestions about the choice among silviculture options indicate that he did not fully understand the economic implication of the Indicator Per Cent.
Subject headings and genre
- SAMHÄLLSVETENSKAP Ekonomi och näringsliv Nationalekonomi hsv//swe
- SOCIAL SCIENCES Economics and Business Economics hsv//eng
- LANTBRUKSVETENSKAPER Lantbruksvetenskap, skogsbruk och fiske Skogsvetenskap hsv//swe
- AGRICULTURAL SCIENCES Agriculture, Forestry and Fisheries Forest Science hsv//eng
- SAMHÄLLSVETENSKAP Ekonomi och näringsliv hsv//swe
- SOCIAL SCIENCES Economics and Business hsv//eng
- Optimal rotation age
- Forest economic history
- Faustmann
- Pressler
- Economics
- Nationalekonomi
- nationalekonomi
- Economics
Added entries (persons, corporate bodies, meetings, titles ...)
- Löfgren, Karl-Gustaf,1943-Umeå universitet,Institutionen för nationalekonomi(Swepub:slu)64700 (author)
- Sveriges lantbruksuniversitetInstitutionen för skogsekonomi (creator_code:org_t)
- Sveriges lantbruksuniversitet
Related titles
- In:Journal of Forest Economics: Elsevier16:3, s. 195-2031104-68991618-1530
Internet link
Find in a library
- Journal of Forest Economics (Search for host publication in LIBRIS)
To the university's database
- 9 of 224
- Previous record
- Next record
- To hitlist
Find more in SwePub
- By the author/editor
- Gong, Peichen
- Löfgren, Karl-Gu ...
- About the subject
-
- SOCIAL SCIENCES
- SOCIAL SCIENCES
- and Economics and Bu ...
- and Economics
-
- AGRICULTURAL SCIENCES
- AGRICULTURAL SCI ...
- and Agriculture Fore ...
- and Forest Science
-
- SOCIAL SCIENCES
- SOCIAL SCIENCES
- and Economics and Bu ...
- Articles in the publication
- Journal of Fores ...
- By the university
- Umeå University
- Swedish University of Agricultural Sciences
Search outside SwePub
- Extend your search to:
- Google Book Search
- Google Scholar
Kungliga biblioteket hanterar dina personuppgifter i enlighet med EU:s dataskyddsförordning (2018), GDPR. Läs mer om hur det funkar här.
Så här hanterar KB dina uppgifter vid användning av denna tjänst.
- Copyright © LIBRIS - National Library Systems
- LIBRIS.kb.se
