Computing maximum willingness to pay with Faustmann's formula: some special situations from New Zealand

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Keywords: Bare land value; Discount rate; Forest economics; Forest valuation; Income tax; Stand value

Document Type: Research Article

DOI: http://dx.doi.org/10.1016/S1389-9341(01)00044-2

Affiliations: aSchool of Forestry, Private Bag 4800, University of Canterbury, , Christchurch, New Zealand

Publication date: June 1, 2001

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