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- Info
Estimating the profitability of your non-timber forestland enterprise
| Author: |
Hubbard, William G.; Abt, Robert C.; Duryea, Mary L.; Jacobson, Michaeal G. |
| Date: |
1998 |
| Periodical: |
Gainesville: University of Florida; IFAS, Florida Cooperative Extension Service, School of Forest Resources and Conservation; Circular 836. 13 p |
| Link: |
http://edis.ifas.ufl.edu/pdffiles/FR/FR01500.pdf
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| Abstract: |
The purpose of this publication is to introduce the landowner to the financial concepts necessary to properly evaluate alternative forestry enterprises. This publication emphasizes the financial benefits and costs. However, landowners often undertake projects for a variety of reasons other than financial return. These nonmarket objectives, such as management for recreation, nongame wildlife habitat, aesthetics, or soil conservation can also be included in an analysis. Although the concepts are very similar; placing values on these benefits and costs can be a time-consuming
task. A variety of natural resource economic texts provide detailed methods for valuing non-market goods and services. |
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