You are here: Home
/ Publication Information
Title: Quantifying the net economic benefits of mechanical wildfire hazard treatments on timberlands of the western United States
Author: Prestemon, Jeffrey P.; Abt, Karen L.; Barbour, James R.;
Source: Forest Policy and Economics 21:44-53
Publication Series: Scientific Journal (JRNL)
Description: Mechanical treatment of vegetation is done on public and private lands for many possible reasons, including enhancing wildlife habitat, increasing timber growth of residual stands, and improving resistance to damaging pests. Few studies, however, have focused on the circumstances under which mechanical wildfire hazard reduction treatments can yield positive net economic wildfire benefits for landowners and managers. This study describes an economic assessment tool built from a representative area sample frame inventory of hazardous and potentially treatable timberland in twelve western states of the U.S. Base case parameter assumptions about values at risk, timber product prices, stand re-growth following treatment and wildfire impacts enable an initial estimate of the amount of timberland with positive discounted expected net economic benefits under four policy scenarios. These assumptions are then varied in a Monte Carlo simulation to provide some bounds of uncertainty around base case levels. A policy that allowed optimal prescriptions and product sales and which incorporates wildfire costs and benefits would result in more than 25% of treated area with positive net benefits. This is reduced somewhat if wildfire reduction costs and benefits are not considered, and reduced again to 14% when large trees are excluded from product sales. A policy that prohibits sale of products from these treatments results in less than 1% of area with positive net benefits. Published by Elsevier B.V.
Keywords: Fuel, Timber, Products, Wildland–urban interface, Monte Carlo
- We recommend that you also print this page and attach it to the printout of the article, to retain the full citation information.
- This article was written and prepared by U.S. Government employees on official time, and is therefore in the public domain.
XML: View XML
Prestemon, Jeffrey P.; Abt, Karen L.; Barbour, James R. 2012. Quantifying the net economic benefits of mechanical wildfire hazard treatments on timberlands of the western United States. Forest Policy and Economics 21:44-53.
Get the latest version of the Adobe Acrobat reader or Acrobat Reader for Windows with Search and Accessibility