On the optimization of legislative periods - Similarities to the optimization of rotation periods

Robert Kaiser, Matthias Bösch, Martin Moog

Research output: Contribution to journalArticlepeer-review

4 Scopus citations

Abstract

The optimal length of legislative periods has been debated extensively throughout history. This study examines the applicability of models known from forestry and forest economics for optimizing rotation periods (Faustmann formula) and deciding whether a forest stand has reached maturity (Pressler's 'indicator percent') to the field of politics. After drawing possible analogies between optimizing rotation periods (or investment cycles) and optimizing election periods it is investigated whether empirical evidence exists for the alleged analogies in European democracies.

Original languageEnglish
Pages (from-to)1-7
Number of pages7
JournalForest Policy and Economics
Volume27
DOIs
StatePublished - Feb 2013

Keywords

  • Faustmann formula
  • Legislative period
  • Pressler's indicator percent
  • Rotation period

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