Current issue: 58(4)
The aim of the study was to discover a model by which the determination of the discount value of a woodlot can be simplified so as to make it possible to avoid both the computation of a cutting budget and the customary discount procedure itself. The regression analysis of the cutting budget data that indicates the discounted amount of the fellings to be expected and the assortment composition can be discovered rather accurately as a function of the measured stand characteristics only.
The PDF includes a summary in German.
This methodical study aims at assessing discount value and its nature and function in setting a price for a forest holding. The aim is to study how the subject interested in buying or selling a woodlot could in the most meaningful way use discount value to prepare the sale and aid the decision making, taking account his personal interests. The paper includes a literature review on the determination of value.
It is concluded that woodlots have no «correct and real» values and, therefore, they cannot be calculated. Value is formed for the woodlots only in connection to the subject running the household, and his environment and actions. A discount value can be defined as a discount value of future net incomes. In the study different ways to calculate discount value are analysed.
The PDF includes a summary in German.