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Valuation of Forest Amenities: A Macro Approach

A method of estimating forest amenity value based on macroeconomic growth theory is presented. It relies on the assumption that more valuable forest amenities are provided by a forest with a more natural stand structure. We construct a forest naturalness index from stand data that provides a relative measure of the forest amenity provided regionally. This naturalness...

Author(s):

Ronald Raunikar; Joseph Buongiorno

Year:

2001

Keywords:

Source:

In: Pelkki, P. M. ed. Proceedings of the 2000 Southern Forest Economics Workshop, March 23-25, 2000, Lexington, Kentucky, University of Kentucky. 118-123.

Total Publications in Treesearch: 55,821

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Valuation of Forest Amenities: A Macro Approach

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