The article discusses use of felling value in determining the value of growing stock. It has been argued that use of felling value to calculate value for a forest holding usually leads to too high values. Consequently, when setting a price for growing stock, felling value should be applied only for such parts of the property that can be sold immediately at a current price.
The article describes in detail assessment of the felling value, first using timber assortments of the stand, and second, by conducting the felling value using parameters affecting the value, such as volume and tree species of the stand. An assessment method was developed to calculate the value by using structure of a cubic metre of timber in a stand. The structure was determined using data of the national forest inventory in Finland. Finally, the article discusses application of the method.
The PDF includes a summary in German.