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Forests
Special Issues
Climate Change and Timber Market
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Climate Change and Timber Market

A special issue of Forests (ISSN 1999-4907). This special issue belongs to the section "Forest Economics, Policy, and Social Science".

Deadline for manuscript submissions: closed (30 November 2022) | Viewed by 2981

Special Issue Editors

Dr. Sang-Min Lee

E-Mail Website
Guest Editor
Department of Forestry Policy Research, Korea Rural Economic Institute, Naju 58321, Jeollanam-do, Republic of Korea
Interests: forest economics; dynamics
Dr. Yo-Han Lee

E-Mail Website
Guest Editor
Department of Forest Resources, Yeungnam University, Gyeongsan 712749, Gyeongsanbuk-do, Korea
Interests: forest economics; operations research; forest policy; climate change; redd+
Special Issues, Collections and Topics in MDPI journals
Dr. Hyunjin An

E-Mail Website
Guest Editor
Department of Forestry Policy Research, Korea Rural Economic Institute, Naju 58321, Jeollanam-do, Republic of Korea
Interests: forest economics; decision making under uncertainty; real option theory; climate change

Special Issue Information

Dear Colleagues,

While climate change is the seminal issue of our time, the particular importance of forests cannot be overstated. Trees sequester carbon from the atmosphere when planted and release carbon upon harvest. However, wood products maintain a part of that carbon when the wood is harvested for biomass used in raw materials. As such, the timber market is particularly vulnerable to the impacts of climate change. As countries inherit distinct social and natural conditions, their policies for equipping forestry with countermeasures against climate change inevitably vary. Domestic timber markets are affected by the corresponding country’s policy seeking to reduce the impacts of climate change. The global market is consequently altered as well.
This Special Issue will provide insights into how the timber market reacts to climate change and relevant policies on the national, regional and global levels. These insights will assist readers in understanding what to expect from and how to forecast the timber and wood product market under the influence of climate change, as well as provide selected contributions to the long-term balance of carbon management within forestry.

Potential topics include, but are not limited to:

  • Climate change and timber market;
  • Carbon neutrality and Wood market;
  • Prices of wood products to climate change;
  • Supply and demand of timber in the future;
  • Trade of wood products under Paris climate agreement.

Dr. Sang-Min Lee
Dr. Yo-Han Lee
Dr. Hyunjin An
Guest Editors

Manuscript Submission Information

Manuscripts should be submitted online at www.mdpi.com by registering and logging in to this website. Once you are registered, click here to go to the submission form. Manuscripts can be submitted until the deadline. All submissions that pass pre-check are peer-reviewed. Accepted papers will be published continuously in the journal (as soon as accepted) and will be listed together on the special issue website. Research articles, review articles as well as short communications are invited. For planned papers, a title and short abstract (about 100 words) can be sent to the Editorial Office for announcement on this website.

Submitted manuscripts should not have been published previously, nor be under consideration for publication elsewhere (except conference proceedings papers). All manuscripts are thoroughly refereed through a single-blind peer-review process. A guide for authors and other relevant information for submission of manuscripts is available on the Instructions for Authors page. Forests is an international peer-reviewed open access monthly journal published by MDPI.

Please visit the Instructions for Authors page before submitting a manuscript. The Article Processing Charge (APC) for publication in this open access journal is 2600 CHF (Swiss Francs). Submitted papers should be well formatted and use good English. Authors may use MDPI's English editing service prior to publication or during author revisions.

Keywords

  • climate change
  • carbon neutrality
  • wood product market
  • trade of wood product
  • timber supply and demand
  • wood product price elasticity

Published Papers (1 paper)

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Research

18 pages, 5140 KiB  
Article
Economic and Ecological Impacts of Adjusting the Age-Class Structure in Korean Forests: Application of Constraint on the Period-to-Period Variation in Timber Production for Long-Term Forest Management
by Dayoung Kim, Hee Han, Joonghoon Shin, Younghwan Kim and Yoonseong Chang
Forests 2022, 13(12), 2144; https://doi.org/10.3390/f13122144 - 14 Dec 2022
Viewed by 2085
Abstract
South Korea’s successful reforestation efforts over the past 50 years have led to abundant forest resources. However, intensive reforestation during the 1970s and 1980s skewed the forests’ age distribution towards forest stands aged 30 years or older, which results in an unbalanced distribution [...] Read more.
South Korea’s successful reforestation efforts over the past 50 years have led to abundant forest resources. However, intensive reforestation during the 1970s and 1980s skewed the forests’ age distribution towards forest stands aged 30 years or older, which results in an unbalanced distribution of age-class, requiring redistribution with harvest and effective regeneration plans to produce a sustained yield of timber as well as long term ecological benefits. During this conversion process, variations in timber production can occur, causing economic and ecological risks if excessive. To prevent these likely risks, permissible levels of increase and decrease in timber production can be restricted in the planning phase. In determining the appropriate variation rate in timber production, it is necessary to understand the impacts of variation in timber production on forest management. This study performed a sensitivity analysis to evaluate the economic and ecological impacts of constraining the period-to-period variation in timber production. A multi-objective linear programming (MOLP) forest management planning model was utilized to study forests in Mt. Gari, South Korea. Nine management alternatives were set with different levels of variation rate in timber production and further constraints. The total volume and net present value (NPV) of timber production, carbon storage, and water storage were analyzed for each alternative. As timber production variation rates decreased, the amount of timber production increased and forest carbon storage decreased; furthermore, NPV diminished as variation constraints strengthened. These differences were mainly caused by selection of regeneration species according to the constraint on variation in timber production. If the variation rate was strictly restricted, the area of timber species with short rotation age increased during conversion period, in order to reduce the gap of timber production between periods. At the latter part of planning horizon, the area of broad-leaved trees was enlarged as the burden of adjusting age-class structure reduced. The appropriate variation rate in timber production was determined to be 30%, based on considerations regarding the economic and ecological impact of the variation on the forest. Full article
(This article belongs to the Special Issue Climate Change and Timber Market)
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