文献类型：期刊文献

英文题名：OPTIMUM ROTATION AGE OF CHINESE FIR (CUNNINGHAMIA LANCEOLATE) PLANTATIONS UNDER FAUSTMANN AND MAXIMUM SUSTAINABLE YIELD CRITERIA

作者：Liu, L.[1] Sun, K.[2,3] Liu, Q.[4] Sun, H. G.[3]

第一作者：Liu, L.

通信作者：Sun, HG[1]

机构：[1]China Jiliang Univ, Econ & Management Sch, Hangzhou 310018, Zhejiang, Peoples R China;[2]Beihua Univ, Coll Forestry, Jilin 132113, Jilin, Peoples R China;[3]Chinese Acad Forestry, Res Inst Subtrop Forestry, Hangzhou 311400, Zhejiang, Peoples R China;[4]Jilin Normal Univ, Sch Life Sci, Siping 136000, Jilin, Peoples R China

年份：2022

卷号：34

期号：3

起止页码：304-314

外文期刊名：JOURNAL OF TROPICAL FOREST SCIENCE

收录：;WOS:【SCI-EXPANDED(收录号:WOS:000831389600006)】；

基金：This research was funded by the National Key Research and Development Program of China (grant no. 2016YFD0600302-2). The authors would like to thank Johari R from Liwen Bianji, Edanz Editing China (www.liwenbianji.cn/ac), for proof reading the manuscript.

语种：英文

外文关键词：Faustmann criterion; maximising sustainable yields (MSY); Chinese fir plantations; forest management

摘要：Most forest research focuses either on the silvicultural aspects of forest management or the economic optimisation of an objective function to answer a specific policy question. This paper investigated optimum rotation ages for harvest, under both economic and biological theories, to discover the conditions that maximise both profit and sustainability. Both the optimum biological rotation for maximising sustainable yields (MSY), and economic rotation based on the Faustmann model were calculated through observation data from Chinese fir (Cunninghamia lanceolata) plantations in Fenyi, Jiangxi Province, China. It was found that the economic rotations of Chinese fir were longer than the biological rotations by almost 2 years when the discount rate equaled 0.05. If the discount rate increased as high as the inverse of the biological rotation time plus the incremental growth rate of the stumpage price, the rotations under both Faustmann and MSY rules coincided. Under these conditions, the ratio of regeneration costs to the value of timber in a stand should be low to keep forest management profitable. These findings are of practical importance for forest in relation to forest investment, decisions and for bussiness.