Notes: A Note on the Real Rate of Discount
Abstract:If an additive relation is used to link the real and nominal rates of discount, inflation influences the outcome of forestry project investments. If the correct multiplicative relation is used, equivalency should prevail between the analyses made in real and nominal terms. The real value approach should be favored on practical grounds whenever possible. Forest Sci. 29:249-252.
Document Type: Miscellaneous
Affiliations: Assistant Professor, Department of Forestry and Wildlife Management, University of Massachusetts, Amherst, MA 01003
Publication date: June 1, 1983
More about this publication?
- Forest Science is a peer-reviewed journal publishing fundamental and applied research that explores all aspects of natural and social sciences as they apply to the function and management of the forested ecosystems of the world. Topics include silviculture, forest management, biometrics, economics, entomology & pathology, fire & fuels management, forest ecology, genetics & tree improvement, geospatial technologies, harvesting & utilization, landscape ecology, operations research, forest policy, physiology, recreation, social sciences, soils & hydrology, and wildlife management.
Forest Science is published bimonthly in February, April, June, August, October, and December.
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