The model determines the optimum forest harvest, level of mill output and quantity of each product sold to each market to maximise returns to growers, given any specified forest resource industry structure, management and market conditions. They also incorporate the costs of establishing and managing plantations, and the costs of harvesting and transporting the plantation logs. The models are used to analyse a range of market situations, including impacts of emerging carbon markets. We have developed econometric and mathematical models to assist in forecasting Australian forest products production, consumption and trade. The forestry economics section employs a range of skilled forestry market analysts, mathematical modelers and forestry survey specialists.
Many staff have training in both economics and forestry.
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