Economics - Forest Research

Publications

Timber prices and elasticities for emerging species and different product categories: An evidence review

Lead Author: Robert Hattersley

This report reviews existing studies estimating future timber prices and price elasticities of demand for emerging species and different product categories, focusing on studies most relevant to UK timber markets. The emerging species considered are those tree species predicted to have a more prominent role in UK forestry in the future. Undertaken as part of […]

Research

Payments for Ecosystem Services (Forests for water)

The aim of the PESFOR-W COST Action is to synthesize knowledge, provide guidance and encourage collaborative research to improve Europe’s capacity to use Payments for Ecosystem Services (PES)

Research

The potential for agroforestry to reduce net GHG emissions in Scotland through the Woodland Carbon Code

This research examines the potential of agroforestry to contribute to meeting greenhouse gas emissions reductions targets outlined in Scotland’s Climate Change Plan, and the economic viability of adopting agroforestry practices. It finds agroforestry has potential to sequester carbon and is generally financially viable, but benefits vary according to different factors.

Research

Valuing Non-Woodland Trees

This work helps us to understand the overall value of our treescape, in which non-woodland trees play a critical role. We define non-woodland trees as single trees in urban and rural places, groups of trees covering less than 0.1 hectares, and small woods covering less than 0.5 hectares.

Publications

Valuing the mental health benefits of woodlands

Lead Author: Vadim Saraev

This study is the first attempt to provide national estimates of the natural capital value of the mental health benefits provided by UK woodlands.

Research

Valuing the Mental Health Benefits of Forestry – Phase 2

This research presents an estimate of the mental health benefits associated with the UK’s woodlands, using an approach valuing woodland through reduced prevalence of mental illnesses. Indicative estimates are derived for potential inclusion of mental health benefits in UK natural capital accounts and for use in project and policy appraisal.

Publications

Carbon storage and substitution benefits of harvested wood products

This Research Note considers the potential of extending coverage of the UK Woodland Carbon Code to the carbon benefits of wood products associated with woodland creation projects.

Research

Valuing mental health benefits of forests

This research examines approaches to valuation of the mental health benefits of forests and proposes how monetary valuation of these benefits can be developed further. It examines metrics to quantify mental health impacts, methodologies to value changes in these and potential for incorporating associated values into natural capital accounting

Publications

How does a biodiversity value impact upon optimal rotation length? An investigation using species richness and forest stand age

Lead Author: Vadim Saraev

A study integrating biodiversity data for British forests with economic modelling of optimal rotation length. Investigation revealed some evidence of relationships between overall species richness and stand age.

Publications

Valuing flood regulation services of existing forest cover to inform natural capital accounts

Background Forests are recognised to reduce flood flows, although the issue is complex and continues to be explored. While the processes of how trees affect the generation and conveyance of flood waters are understood, there remains a lack of monitoring data to quantify effects at the catchment scale (click here to visit the WWNP evidence base webpage). This […]

Publications

Comparing the cost-effectiveness of forestry options for climate change mitigation

This Research Note examines two recent studies which assessed the cost-effectiveness of forestry options for climate change mitigation across Great Britain.

Research

Valuation of Welsh Forest Resources

This study estimates using a natural capital accounting approach the value of five ecosystem goods and services provided by woodlands in Wales: standing timber, timber extraction, carbon sequestration, recreation and air quality improvement.

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36 Search Results

Timber prices and elasticities for emerging species and different product categories: An evidence review

Payments for Ecosystem Services (Forests for water)

The potential for agroforestry to reduce net GHG emissions in Scotland through the Woodland Carbon Code

Valuing Non-Woodland Trees

Valuing the mental health benefits of woodlands

Valuing the Mental Health Benefits of Forestry – Phase 2

Carbon storage and substitution benefits of harvested wood products

Valuing mental health benefits of forests

How does a biodiversity value impact upon optimal rotation length? An investigation using species richness and forest stand age

Valuing flood regulation services of existing forest cover to inform natural capital accounts

Comparing the cost-effectiveness of forestry options for climate change mitigation

Valuation of Welsh Forest Resources

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