title: Optimal harvesting in forestry: steady-state analysis and climate change impact.
abstract: We perform the steady-state analysis of a nonlinear partial differential equation model that describes the dynamics of a managed size-structured forest. The harvesting policy is to maximize the net benefits from timber production over an infinite planning horizon. The existence and uniqueness of the steady-state trajectories are analysed. Closed-form steady states are obtained in meaningful special cases and are used to estimate how climate change affects the optimal harvesting regime, diameter of cut trees, number of logged trees, and net benefits in the long run.
authors.affiliation: Department of Mathematics, Prairie View A&M University, Box 519, Prairie View, TX 77446, USA. nahritonenko@pvamu.edu
authors.forename: Natali
authors.initials: N
authors.lastname: Hritonenko
authors.forename: Yuri
authors.initials: Y
authors.lastname: Yatsenko
authors.forename: Renan-Ulrich
authors.initials: RU
authors.lastname: Goetz
authors.forename: Angels
authors.initials: A
authors.lastname: Xabadia
mesh_terms: D057231:Climate Change; D016468:Forestry; D007700:Kinetics; D017711:Nonlinear Dynamics; D014197:Trees / Q000254:growth & development*