Recent Advances in Discounting: Implications for Forest Economics.
Discounting has played an important role in forestry economics because harvesting cycles are often much longer than project cycles for other investments. For high forests, for instance, most income is derived from thinning and felling up to 80 (sycamore and ash) or even 120 years (oak) after plantin...
| Main Authors: | , |
|---|---|
| Format: | Journal article |
| Language: | English |
| Published: |
Elsevier
2007
|