- Library Home /
- Search Collections /
- Open Collections /
- Browse Collections /
- UBC Theses and Dissertations /
- Finance for silviculture in British Columbia
Open Collections
UBC Theses and Dissertations
UBC Theses and Dissertations
Finance for silviculture in British Columbia Olivotto, Giuseppe Gerrard
Abstract
Government funding for silviculture in British Columbia has expanded recently, but remains well short of the level recommended by many foresters. This thesis contains a proposal to replace government funding with investment from capital markets. It describes the funding mechanism, analyzes the implications to government, and introduces a method of distributing investment funds through a system of competitive bidding between forest management companies. In return for their participation, investors and forest companies would both receive equity in future timber production. The thesis concludes that at a cost of foregoing 50% of its future stumpage revenue, government might replace its current spending on intensive forest management with a funding level from capital markets of $500 million to $800 million per year.
Item Metadata
Title |
Finance for silviculture in British Columbia
|
Creator | |
Publisher |
University of British Columbia
|
Date Issued |
1987
|
Description |
Government funding for silviculture in British Columbia has expanded recently, but remains well short of the level recommended by many foresters. This thesis contains a proposal to replace government funding with investment from capital markets. It describes the funding mechanism, analyzes the implications to government, and introduces a method of distributing investment funds through a system of competitive bidding between forest management companies. In return for their participation, investors and forest companies would both receive equity in future timber production. The thesis concludes that at a cost of foregoing 50% of its future stumpage revenue, government might replace its current spending on intensive forest management with a funding level from capital markets of $500 million to $800 million per year.
|
Genre | |
Type | |
Language |
eng
|
Date Available |
2010-07-16
|
Provider |
Vancouver : University of British Columbia Library
|
Rights |
For non-commercial purposes only, such as research, private study and education. Additional conditions apply, see Terms of Use https://open.library.ubc.ca/terms_of_use.
|
DOI |
10.14288/1.0075379
|
URI | |
Degree | |
Program | |
Affiliation | |
Degree Grantor |
University of British Columbia
|
Campus | |
Scholarly Level |
Graduate
|
Aggregated Source Repository |
DSpace
|
Item Media
Item Citations and Data
Rights
For non-commercial purposes only, such as research, private study and education. Additional conditions apply, see Terms of Use https://open.library.ubc.ca/terms_of_use.