ABSTRACT

Forest economics and policy researchers have a rich tradition of providing a variety of important information for decisions about the use and management of forests and the goods and services flowing therefrom. Strategic directions for forest economics and policy research will be influenced by a variety of social and economic settings which will arise from domestic as well as international environs. The emerging settings and strategic directions previously described paint a challenging future for forest economics and policy research. Forest economics and policy research has made substantial progress in supplying the type and quality of information necessary for effective decisions concerning the use and management of forests. The application has increasingly involved multi-disciplinary research activities and a growing emphasis on economic problems arising from increased use of forests for the production of non-commodity outputs including water, recreation, and environmental amenities.