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The Potential Economic Effect of Lease Hunting on Forest Management in the Southeast

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A survey was conducted of 1989 forest industry hunt lease programs in the southern United States. Average annual lease fees were $2.15/ac and respondents placed additional implicit values of $2.15/ac and $3.11/ac respectively for public relations and protection (access control, property damage, etc.) benefits. Contributions to net present value ranged from $22.37 for a conservative estimate of leasing alone to $96.64 for an estimate of all benefits when discounted at 6% over a 25-yr rotation. Interest in leasing by industry has increased since a similar survey was conducted in 1985. South. J. Appl. For. 16(4):200-203
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Document Type: Journal Article

Affiliations: Department of Forest Resources, Clemson University, Clemson, SC 29634

Publication date: 1992-11-01

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  • 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 Southern Journal of Applied Forestry covers an area from Virginia and Kentucky south to as far west as Oklahoma and east Texas.
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