ABSTRACT

This chapter discusses priorities for research on the economics of forest management. The viewpoint taken is that this research category is an integral part of forest management research in general. The chapter describes some major factors which the economist should consider in designing research on forest management for the future. It lays out a framework for the basic economic elements involved in forest management decision-making. The chapter identifies some specific issues of concern and, in the context of the framework developed, suggests a few specific priority research questions of interest to forest economists. A great deal of effort has been expended in the past to identify and classify research categories and needs in the area of forest management. For the public sector and for private entities which have multiple objectives, the problem of classification is more difficult. Some theoretical research is available on treatment of joint products in economic analysis.