Journal Article

Trade-off between Structural Diversity and Economic Objectives in Forest Management

Hayri Önal

in American Journal of Agricultural Economics

Published on behalf of Agricultural and Applied Economics Association

Volume 79, issue 3, pages 1001-1012
Published in print August 1997 | ISSN: 0002-9092
Published online August 1997 | e-ISSN: 1467-8276 | DOI: http://dx.doi.org/10.2307/1244439
Trade-off between Structural Diversity and Economic Objectives in Forest Management

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A measure of divergence (NAD) between the distribution of individuals in a community and a target distribution is presented. When the latter is uniform, NAD measures evenness and exhibits a strong correlation with the widely used Shannon index. However, NAD offers the capability to incorporate an arbitrary composition in an economic optimization model where the Shannon index is not applicable. An empirical application to optimum management of a multispecies forest is presented, and the trade-off between ecological and economic objectives is investigated.

Keywords: absolute deviation; diversity; forest management; optimization; Shannon index; Q230

Journal Article.  0 words. 

Subjects: Renewable Resources and Conservation

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