Work

Economic aspects of applying the cost approach to assessment of forest resources

Year: 2024

Type: article

Abstract: Precise and balanced economic evaluation of forest resources is considered as one of the vital conditions of their effective usage. The existing practice of forest resources valuation demonstrates huge gap between the overall evaluation theory and methodologies developed for the forestry. The article is devoted to cost approach to valuation in view of most sufficient types of forest usage and types of forest resources, and demonstrate the key weaknesses of implementation of cost approach to forest resources. The article also provides the brief description of possible solutions for revealed weaknesses mitigation.

Source: Springer Link (Chiba Institute of Technology)

DOI: 10.1051/bioconf/202414505002/pdf

Authors: Alexander Tretyakov, Vyacheslav Kolarzh, Viktor Karamyshev, Svetlana Morkovina

Institutions: St. Petersburg Scientific Research Institute of Forestry, Voronezh State University of Forestry and Technologies

Language: English

Topic: Forest Management and Policy

Subfield: Global and Planetary Change

Field: Environmental Science

Domain: Physical Sciences

SDG: Life on land

Open Access status: green

Funder: Ministry of Science and Higher Education of the Russian Federation