Projecting modest future growth for both prices and harvest levels, this study, first published in 1990, provides theoretical and empirical justification for challenging the conventional wisdom that real timber prices will rise for the indefinite future. The study presents fifty-year projections of regional and world harvest levels, world market price, and investments in forest regeneration by region. This book will be of particular interest to students of economics and environmental studies.

This book, first published in 1967, presents a concise picture of the demand and supply trends of timber around the world. Zivnuska provides a keen analysis of plans, prospects, and opportunities in the areas covered, and an interesting look at the North American forest economy. This book will be of interest to students of environmental studies and forestry.

The text provides literature surveys on relevant modeling issues and policy concerns. It demonstrates the application of a modeling system using a "base case" 50-year projection and a small set of scenarios. These illustrate, for example, the effects of changes in public harvest policies, variations in investments in silviculture, and globalization. It is aimed at policy makers, researchers and graduate students who are building or using forest sector models.