The travel cost method is used to determine the value of trips to collect weekend firewood near the Denver-Boulder metropolitan area. The analysis indicated an average willingness to pay of $21.42 per cord for small live lodgepole pine (Pinus contorta) stumpage. This value, including a $10.00 per cord permit fee, is directly comparable to values commonly assigned to other goods and services, such as sawlogs or recreation, for resource allocation. In particular, values obtained through the residual value timber appraisal system are analogous to this figure. West. J. Appl. For. 2(2):48-50, April 1987.
Document Type: Journal Article
USDA Forest Service, Rocky Mountain Forest and Range Experiment Station, Fort Collins, CO 80526
Publication date: April 1, 1987
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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 Western Journal of Applied Forestry covers the western United States, including Alaska, and western Canada; WJAF will also consider manuscripts reporting research in northern Mexico that has potential application in the southwestern United States.