How To Correctly Assess The Value Of A Forest

How to Correctly Assess the Value of a Forest

This book represents a unique point of view of the financial evaluation of all forest ecosystem services (production, support, regulation and cultural). The financial valuation methods described in this book also refer to the contribution they make to economic sectors. The determination of the monetary value of ecosystem services was carried out using several economic valuation methods, depending on the need and relevance for the target area of the case study. A forest is all the more economically valuable the more complex the capacity of ecological systems to provide ecosystem services. The reader may find answers and results in this book to help them account for all the benefits that a forest offers.

Economics of Forestry

This title was first published in 2003. The 'Economics of Forestry' is a specialized subset of resource economics addressing a specific natural resource - the forest - which is usually a relatively long time period. Hence, forest economics has characteristics similar to nonrenewable resources but also has those of a renewable resource, in some cases approaching those of agriculture. This volume comprises some of the most significant journal essays in forest economics and forest policy. The International Library of Environmental Economics and Policy explores the influence of economics on the development of environmental and natural resource policy. In a series of twenty five volumes, the most significant journal essays in key areas of contemporary environmental and resource policy are collected. Scholars who are recognized for their expertise and contribution to the literature in the various research areas serve as volume editors and write essays that provides the context for the collection. Volumes in the series reflect three broad strands of economic research including 1) Natural and Environmental Resources, 2) Policy Instruments and Institutions and 3) Methodology. The editors, in their introduction to each volume, provide a state-of-the-art overview of the topic and explain the influence and relevance of the collected papers on the development of policy. This reference series provides access to the economic literature that has shaped contemporary perspectives on land use analysis and policy.

HOW TO CORRECTLY ASSESS THE VALUE OF A FOREST.