Dynamic game theory is applied to analyze the timber market in northern Iran as a duopsony. The Nash equilibrium and the dynamic properties of the system based on marginal adjustments are determined. When timber is sold, the different mills use mixed strategies to give sealed bids. It is found...

Based on interviews with 103 leaders of groups harvesting agarwood in various parts of Lao PDR we identify income determinants and prepare a typology of harvesters. There are three main groups of harvesters: [a] highly professional, migrant harvesters from Vietnam; [b] nonlocal, professional...

The past decades have witnessed a dramatic increase in the demand for China’s wood products. However, a fast-growing demand for wood products and limited domestic timber resources has increased China’s dependence on imported wood. As a result, China has grown to be the most important player...

Based on a case study on agarwood and Aquilaria spp. in Lao P.D.R., NTFP commercialisation is analyzed through its effect on income distribution, and with a specific objective to trace out mechanisms by which different economic agents along the commodity chain, that is in harvesting, trade,...

Internationalization of operations constitutes an important part of the global forest industry integration process over recent decades. As a resource based industry, drivers of corporate expansion have been defined as both resource seeking and market seeking in the global context. China is...

Forests have great importance for the Latvian economy, environment, landscape, flora and fauna. Forest sector contribution to the national GDP is 10…12 %, providing employment for 75…80 thousand people. In the paper was analysed accessible forest and wood resources in Latvia, forest...

An improvement in cost accounting (CA) is one of the most important elements of the development of modern logging industry in Russia. CA of wood harvesting is important for management and decision making; it provides necessary information for choosing the optimal method of wood harvesting and...

This paper analyzes the effects of using product costs derived from an LP-model for managing the salesmen's efforts at a sawmill company. The salesmen are not controlled by sales quota, as is usual, but assessed by the accounting profit they generate. The analysis is realized by a computer...