Effect of Inflation on Evaluation of Forestry Investments
Author: Gregersen, H. M.
Source: Journal of Forestry, Volume 73, Number 9, 1 September 1975 , pp. 570-572(3)
Publisher: Society of American Foresters
Abstract:The difference between "real" and "current" prices is discussed. Forestry investment analyses can be considered in either real or current value terms. It does not matter which approach is used, so long as it is consistent, that is, all prices and costs are considered in either real or current value terms. An example of the proper procedure is presented and the implications of not being consistent are discussed.
Document Type: Journal Article
Affiliations: Associate Professor, College of Forestry and Department of Agricultural and Applied Economics, University of Minnesota, St. Paul
Publication date: September 1, 1975
- 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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