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Non-industrial private forest owners' management decisions

what affects them and why?

Andersson, Mats (2010). Non-industrial private forest owners' management decisions. Diss. (sammanfattning/summary) Umeå : Sveriges lantbruksuniv., Acta Universitatis agriculturae Sueciae, 1652-6880 ; 2010:57
ISBN 978-91-576-7470-8
[Doctoral thesis]

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Abstract

This thesis addresses the question of whether and how owner and property characteristics of non-industrial private forest (NIPF) owners affect their attitude toward a financial risk and if the attitude toward risk affects the harvesting decisions and discusses differences in attitude toward risk from a gender perspective. Further, the thesis investigates the owner and property characteristics’ effects on objectives of ownership The hypothesis tested here, that the owner and property characteristics affects the attitude toward risk and objectives are largely based on data gathered through a mail survey to NIPF owners in two counties in Northern Sweden. The results reveal that owner and property characteristic affects the formation of the NIPF owners’ attitude toward risk and also their objectives of ownership. The result revealed that NIPF owners vary to a large extent in the subjective judgements that they do about the expected returns from a mature forest stand as compared to investment alternatives outside forestry. This is also true for their judgements about the risk. The analysis further revealed that the preference for risk had a significant impact on the decision to conduct final felling. The NIPF owners who indicated that they were neutral towards the financial risk taking were more likely to have conducted final felling than those averse to the risk and those that indicated that they were risk seeking were even more likely to have conducted felling However, there are also indications that the NIPF owners might have difficulties in incorporating considerations about risk into their forest management planning. The results of this thesis can be used to further understand previous findings about relationships between owner and property characteristics of NIPF owners and their management decisions. The study points to important links between the owner and his or her decisions. These underlying mechanisms are important knowledge if the aim is to understand the management decisions made by NIPF owners.

Authors/Creators:Andersson, Mats
Title:Non-industrial private forest owners' management decisions
Subtitle:what affects them and why?
Series/Journal:Acta Universitatis agriculturae Sueciae (1652-6880)
Year of publishing :2010
Volume:2010:57
Number of Pages:58
Papers/manuscripts:
NumberReferences
ALLAndersson, M. and Gong, P. (2010). Risk-preferences, risk perceptions and timber harvest decisions – An empirical study of nonindustrial private forest owners in northern Sweden. Forest Policy and Economics 12(5), 330-339. Andersson, M. (2010). Do owner and property characteristics affect non-industrial private forest owners’ attitudes to risk? (Manuscript). Andersson, M., Hakansson, C. and Holmgren, L. (2010). Non-industrial private forest owners’ financial risk taking – Does gender matter? Scandinavian Journal of Forest Research. In print. Andersson, M. Effects of owner and property characteristics on non-industrial private forest owners’ objectives (manuscript).
Place of Publication:Umeå
Publisher:Department of Forest Economics, Swedish University of Agricultural Sciences
ISBN for printed version:978-91-576-7470-8
ISSN:1652-6880
Language:English
Publication Type:Doctoral thesis
Full Text Status:Public
Agrovoc terms:forestry, landowners, private ownership, management, decision making, risk, human behaviour
Keywords:Non-industrial, Forest, Characteristics, Risk attitude, Objectives
URN:NBN:urn:nbn:se:slu:epsilon-3092
Permanent URL:
http://urn.kb.se/resolve?urn=urn:nbn:se:slu:epsilon-3092
ID Code:2343
Faculty:S - Faculty of Forest Sciences
Department:(S) > Dept. of Forest Economics
Deposited By: Mats Andersson
Deposited On:09 Sep 2010 00:00
Metadata Last Modified:11 Jun 2015 07:53

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