M D, D D Reed and G D Mroz. 1990. Stand development and economic analysis of alternative cutting methods in northern hardwoods. Northern Journal of Applied Forestry 7: 153-158.
Hseu, J-S and J
Buongiorno. 1997. Financial performance of maple-birch stands in Wisconsin: Value growth rate versus equivalent annual income. Northern Journal of Applied Forestry 14(2): 59-66.
Lu, H and J
Buongiorno. 1993. Long- and short-term effects of alternative cutting regimes on economic returns and ecological diversity in mixed-species forests. Forest Ecology and Management 58: 173-192.
Miller, G W. 1993. Financial aspects of partial cutting practices in Central Appalachian hardwoods. Northeastern Forest Experiment Station Research Paper NE-673.
Niese, J N, T F Strong and G G
Erdmann. 1995. Forty years of alternative management practices in second-growth, pole-size northern hardwoods. II. Economic evaluation. Canadian Journal of Forest Research 25: 1180-1188.
Solomon, D S and W B Leak. 1986. Simulated yields for managed northern hardwood stands. Northeast Forest Experiment Station Research Paper NE-578.
NOTES: The above-referenced studies are the
only ones for the Northeast (as defined by the USFS, which includes the Midwest). All of these studies are for hardwood stands under uneven-aged, sustained yield management. While there are
significant differences in forest types among the different states, site indexes are quite comparable as are stand productivities. The West Virginia stands are more productive than our stands.
However, the relationship between yields on heavily cut and well-managed stands should be about the same for all states and stands. Therefore the actual numbers in the $ per acre columns are less
relevant than the ratios between them for the different treatments. Stumpage prices have increased significantly since the years for the prices reported in the studies. See