Abstract: | Chinese forest resources have become very scarce in the face of rapid economic growth demand, while the reform of collective forest right system is in full swing across the country. It will directly affect the regeneration level of forest resources and the diverse ecological value functions. In this article, the mainstream model paradigm of forest economics, that is, the basic framework of the Faustmann model and its evolution process are made in a more detailed explanation, especially the extended model in... |