A Bayesian growth and yield model for slash pine plantations

We formulate a traditional growth and yield model as a Bayes model. We attempt to introduce as few new assumptions as possible. Zellner's Bayesian method of moments procedure is used, because the published model did not include any distributional assumptions. We generate predictive posterior samples for a number of stand variables using the Gibbs sampler. The means of the samples compare favorably with the predictions from the published model. In addition, our model delivers distributions of outcomes, from which it is easy to establish measures of uncertainty, such as highest posterior density regions.