The Effect of Recent Economic Trends and Research on the Financial Aspects of Forest Investments
Abstract:In the past, sustained-yield forestry has had to compete for capital with high-grade stocks and bonds yielding comparatively high rates of interest. Due to the supply of capital available for investment, interest rates have fallen from 6 to 2 1/2 to 3 1/2 per cent. This reduction, together with the fact that in many cases the indebtedness of the industry can be refinanced at lower interest rates, should have a favorable effect on sustained-yield forestry.
Document Type: Journal Article
Affiliations: Northeastern Forest Experiment Station
Publication date: June 1, 1937
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- The Journal of Forestry is the most widely circulated scholarly forestry journal in the world. In print since 1902, the Journal has received several national awards for excellence. The mission of the Journal of Forestry is to advance the profession of forestry by keeping forest management professionals informed about significant developments and ideas in the many facets of forestry: economics, education and communication, entomology and pathology, fire, forest ecology, geospatial technologies, history, international forestry, measurements, policy, recreation, silviculture, social sciences, soils and hydrology, urban and community forestry, utilization and engineering, and wildlife management. The Journal is published bimonthly: January, March, May, July, September, and November.
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