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Faustmann formula and its use in forest asset valuation: A review and a suggestion
Forest Policy and Economics ( IF 4 ) Pub Date : 2024-01-23 , DOI: 10.1016/j.forpol.2024.103158
Michael G. McIntosh , Daowei Zhang

We present the statistics of articles focusing on optimal forest rotation age or associated with the Faustmann Formula following David Newman's, 2002 review article. In addition, we investigate the number of articles looking at forest investment, forest valuation, single-stand, forest management, fire risk, disease/ pest, conservation, and carbon/ climate change. Finally, we propose a unified framework based on the original intent of the Faustmann Formula – forest asset valuation – and call on instructors of forest economic courses to use it in communication with students and for forest economists to perform more research on asset valuation at stand and especially forest levels.



中文翻译:

福斯特曼公式及其在森林资产评估中的应用:回顾与建议

我们根据 David Newman 2002 年的评论文章提供了关注最佳森林轮作年龄或与 Faustmann 公式相关的文章的统计数据。此外,我们还调查了有关森林投资、森林评估、单林、森林管理、火灾风险、病虫害、保护以及碳/气候变化的文章数量。最后,我们基于浮斯曼公式的初衷——森林资产评估,提出了一个统一的框架,并呼吁森林经济课程的教师在与学生的交流中使用它,并呼吁森林经济学家在现场和现场对资产评估进行更多的研究。特别是森林水平。

更新日期:2024-01-23
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