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Rates of Value Change on Uncut Forest Stands in New Hampshire

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Nominal rates of value change for 141 uncut forest plots in New Hampshire averaged 15.9% annually for the 10 years ending in 1983. In contrast, average annual nominal returns were 8.3% for the Standard and Poors 500 stock average and 7.6% for the Forbes bond and preferred stock composite fund from 1973 to 1983. Regression analysis failed to establish useful predictive relationships between stand variables and rates of value change, but some results were clear. Forest type was an important factor in determining rate of value change. Much of the difference between rates of value change among forest-type groups was due to differences in price trends for various species. Rates of value change declined at higher elevations, overall, and within forest-type groups. North. J. Appl. For. 4:64-66, June 1987.

Document Type: Journal Article

Affiliations: USDA Forest Service, Northeastern Forest Experiment Station, P.O. Box 968, Bington, VT 05402

Publication date: June 1, 1987

More about this publication?
  • Each regional journal of applied forestry focuses on research, practice, and techniques targeted to foresters and allied professionals in specific regions of the United States and Canada. The Northern Journal of Applied Forestry covers northeastern, midwestern, and boreal forests in the United States and Canada.
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