Discount Rate for Long-Term Forest Service Investments
Abstract:Economic evidence was the basis for the authors' recommendation that the USDA Forest Service use a discount rate of 4 percent for evaluating long-term investments in resource management. This rate approximates the long-term measures of the opportunity cost of capital in the private sector of the U.S. economy.
Document Type: Journal Article
Affiliations: Formerly with the Forest Service, JARI, Inc. Project in Brazil
Publication date: June 1, 1981
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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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