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Original scientific paper

Economic Consequences of Different Management Approaches to Even-Aged Silver Fir Forests

Karlo Beljan   ORCID icon orcid.org/0000-0002-8751-6303 ; University of Zagreb Faculty of Forestry Department of Forest Inventory and Management Svetošimunska 25 10000 Zagreb CROATIA
Stjepan Posavec ; University of Zagreb Faculty of Forestry Department of Forest Inventory and Management Svetošimunska 25 10000 Zagreb CROATIA
Jura Čavlović ; University of Zagreb Faculty of Forestry Department of Forest Inventory and Management Svetošimunska 25 10000 Zagreb CROATIA
Krunoslav Teslak ; University of Zagreb Faculty of Forestry Department of Forest Inventory and Management Svetošimunska 25 10000 Zagreb CROATIA
Thomas Knoke ; Technische Universität München (TUM) Institute of Forest Management School of Life Sciences Weihenstephan Department of Ecology and Ecosystem Management Hans-Carl-von-Carlowitz-Platz 2 85354 Freising GERMANY

Fulltext: english, pdf (873 KB) pages 299-312 downloads: 243* cite
APA 6th Edition
Beljan, K., Posavec, S., Čavlović, J., Teslak, K. & Knoke, T. (2018). Economic Consequences of Different Management Approaches to Even-Aged Silver Fir Forests. Croatian Journal of Forest Engineering, 39 (2), 299-312. Retrieved from https://hrcak.srce.hr/204197
MLA 8th Edition
Beljan, Karlo, et al. "Economic Consequences of Different Management Approaches to Even-Aged Silver Fir Forests." Croatian Journal of Forest Engineering, vol. 39, no. 2, 2018, pp. 299-312. https://hrcak.srce.hr/204197. Accessed 2 Dec. 2021.
Chicago 17th Edition
Beljan, Karlo, Stjepan Posavec, Jura Čavlović, Krunoslav Teslak and Thomas Knoke. "Economic Consequences of Different Management Approaches to Even-Aged Silver Fir Forests." Croatian Journal of Forest Engineering 39, no. 2 (2018): 299-312. https://hrcak.srce.hr/204197
Harvard
Beljan, K., et al. (2018). 'Economic Consequences of Different Management Approaches to Even-Aged Silver Fir Forests', Croatian Journal of Forest Engineering, 39(2), pp. 299-312. Available at: https://hrcak.srce.hr/204197 (Accessed 02 December 2021)
Vancouver
Beljan K, Posavec S, Čavlović J, Teslak K, Knoke T. Economic Consequences of Different Management Approaches to Even-Aged Silver Fir Forests. Croatian Journal of Forest Engineering [Internet]. 2018 [cited 2021 December 02];39(2):299-312. Available from: https://hrcak.srce.hr/204197
IEEE
K. Beljan, S. Posavec, J. Čavlović, K. Teslak and T. Knoke, "Economic Consequences of Different Management Approaches to Even-Aged Silver Fir Forests", Croatian Journal of Forest Engineering, vol.39, no. 2, pp. 299-312, 2018. [Online]. Available: https://hrcak.srce.hr/204197. [Accessed: 02 December 2021]

Abstracts
Economic analysis of even-aged fir stand management was illustrated using the example of the forests of the Croatian Dinaric region, as well as their transformation into more stable unevenaged structures. Two scenarios (even-aged, uneven-aged) were simulated against the backdrop of the existing forest stand structure of future forest stand management during a 140-year period using forest growth modeling software MOSES version 3.0 in order to identify economic differences amongst different scenarios both at stand level and at forest level. The research included forest management analysis throughout the transformation period and subsequently the continuation of balanced state forest management. Moreover, the research also provided the opportunity of forest purchase within the price range from 1000 to 12,500 EUR/ha, amid assumed fluctuation of selling prices of timber assortments throughout the simulation period. Discount rates from 1% to 5% were used during the economic analysis. The research findings showed that, according to harvesting costs, Net Present Value and Internal Rate of Return, uneven-aged forest management system, including the transformation period, achieved superior economic results, albeit at discount rates that exceeded 1.24%. The conclusion was reached that, according to all economic criteria, uneven-aged mixed silver fir-beech management system is preferred compared with the pure even-aged silver fir management.

Keywords
silver fir; management transformation; cost control; NPV; IRR

Hrčak ID: 204197

URI
https://hrcak.srce.hr/204197

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