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2011 | OriginalPaper | Chapter

The Dynamic Economic Equilibrium Model and Uncertainty Applied Study About Forest Resources Sustainable Utilization

Authors : Wenhui Chen, Junchang Liu, Aili Yao

Published in: Modeling Risk Management for Resources and Environment in China

Publisher: Springer Berlin Heidelberg

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Abstract

In this paper, we regarded the forest resources as research objects, and used the dynamic economic model about renewable resources utilization based of the Logistic model to create the forest resources dynamic economic equilibrium model with the many restriction conditions about ecological production supply, taxation, economic composition and so on. Then we used the mathematic method about normal differential equation and maximum theory to obtain the optimal forest accumulation stock quantity and the optimal harvest quantity. After, we selected the North-east of China as the case site of applied research, and used the dynamic economic equilibrium theoretical model and the data from forest resources investigation, forestry statistics yearbook and typical survey to carry the applied analysis to obtain the optimal harvest quantity dynamic function about forest resources in North-east of China. Then we used the function to obtain the development trend of the equilibrium after 2008, and the optimal harvest quantity should be 4.26 million m3.

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Literature
go back to reference Clark CW (1976) Mathematical bioeconomics: the optimal management of renewable resources. ZHOU qinxue, QIU zhaofu (trans: Beijing) Agriculture Publishing House, 1984:10, 43, 277–278 Clark CW (1976) Mathematical bioeconomics: the optimal management of renewable resources. ZHOU qinxue, QIU zhaofu (trans: Beijing) Agriculture Publishing House, 1984:10, 43, 277–278
go back to reference Kilkki P, Vaisanan U (1969) Determination of optimal policy for forest stands by means of dynamic programming [J]. Acta Forestalia Fennica 102(1):100–112 Kilkki P, Vaisanan U (1969) Determination of optimal policy for forest stands by means of dynamic programming [J]. Acta Forestalia Fennica 102(1):100–112
go back to reference Sethi SP, Thompson GL (1981) Optimal control theory, applications to management science [M]. Martinus Nijhoff Publishing Sethi SP, Thompson GL (1981) Optimal control theory, applications to management science [M]. Martinus Nijhoff Publishing
Metadata
Title
The Dynamic Economic Equilibrium Model and Uncertainty Applied Study About Forest Resources Sustainable Utilization
Authors
Wenhui Chen
Junchang Liu
Aili Yao
Copyright Year
2011
Publisher
Springer Berlin Heidelberg
DOI
https://doi.org/10.1007/978-3-642-18387-4_5