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Cover image for book The Isolated State in Relation to Agriculture and Political Economy

The Isolated State in Relation to Agriculture and Political Economy

Part III: Principles for the Determination of Rent, the Most Advantageous Rotation Period and the Value of Stands of Varying Age in Pinewoods
By:Johann von Thünen
Publisher:Springer Nature
Print ISBN:9781349308101
eText ISBN:9780230274112
Edition:0
Copyright:2009
Format:Page Fidelity

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This volume is the first ever English translation of Part III of von Thünen`s famous 'Isolated State'. It deals with the optimum rotation period of woods – a central problem of capital theory which has been studied by many famous economists. Thünen's early approach to the problem compares very well with most of the later attempts.