Comparison of economic efficiency of management systems with prevailing representation of sessile oak (Quercus petraea (Matt.) Liebl.) in the territory of Krivoklatsko Forest Park (Czech Republic)

Abstract

The objective of the article was to model the economic efficiency of coppice and compare it with that of an oak high forest (primarily for the territory of Krivoklatsko Forest Park). The model calculations were based on actual expenses and revenues from the area of interest to the maximum possible extent. The calculations included methods both with time factor (dynamic methods, namely the method of net present value) and without time factor (static methods). For the area of Krivoklatsko Forest Park, the examined data showed that the economic efficiency of coppice could be greater than that of high forest or over-mature coppice.