Current issue: 53(2)

Under compilation: 53(3)

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Silva Fennica 1926-1997
1990-1997
1980-1989
1970-1979
1960-1969
Acta Forestalia Fennica
1953-1968
1933-1952
1913-1932

Articles containing the keyword 'forest valuation'.

Category: Research article

article id 585, category Research article
Meinrad Rohner, Klaus Böswald. (2001). Forestry development scenarios: timber production, carbon dynamics in tree biomass and forest values in Germany. Silva Fennica vol. 35 no. 3 article id 585. https://doi.org/10.14214/sf.585
The dynamics of the age class structure stands at the center of modeling long-run forestry scenarios. This insight has been applied to the construction of the Forest Development and Carbon Budget Simulation Model (ForCaBSiM), a model which is used for the study of several interrelated questions: the development of timber stocks and the potential level of sustainable harvests, the stocks and fluxes of tree carbon in managed forests, the economy-wide effects of management practices on the value of forest lands and timber stocks. The combined study of these issues allows to assess development scenarios with regard to the productive potential of forestry, the carbon cycle, and forest values. At present, the model is adapted to German data, but it is designed for use with other data sets as well. This paper provides a description of core mechanisms in ForCaBSiM. On this background, the choice and impact of crucial assumptions is examined. Illustrative results are used to demonstrate the use of the model. The paper focuses on the impact of varying rotation ages and the tree species composition. Particular attention is given to the concept of steady states.
  • Rohner, Renewable Resource Modeling, D-63477 Maintal, Germany ORCID ID:E-mail: rohner@rrmodeling.de (email)
  • Böswald, Factor Consulting + Management AG, CH-8045 Zurich, Switzerland ORCID ID:E-mail:

Category: Article

article id 7220, category Article
T. Heikkilä. (1929). Der forstliche Zinsfuss. Acta Forestalia Fennica vol. 34 no. 7 article id 7220. https://doi.org/10.14214/aff.7220
English title: The interest rate of forest.

The result of forest valuation depends heavily on the interest rate and hence determining the rate of interest for forest is the one of the most important tasks of forest valuation.

When defining the interest rate for forests, we need to take into account not only the common interest rate in the country, but also other factors. Those are for example the increase in timber price. By calculating the land expectation value we assume that costs for felling, regeneration and other management will rise by same percent.

The article presents the common formula of land expectation value and discusses its pros and cons. Because of the bad condition of Finnish forests, the forest valuation has not been used widely in practice and hence also the research on theme has been minor. The development of the forests in future will make the theme more relevant. 

The volume 34 of Acta Forestalia Fennica is a jubileum publication of professor Aimo Kaarlo Cajander.

  • Heikkilä, ORCID ID:E-mail:
article id 5381, category Article
Jouko Hämäläinen. (1989). Ajatuksia metsän arvon määrittämisestä. Silva Fennica vol. 23 no. 2 article id 5381. https://doi.org/10.14214/sf.a15538
English title: Thoughts about forest valuation.

In this article the methods of forest valuation, especially the sales value tables previously published in Finland are critically examined. In this connection attention is drawn to the rate of interest used in calculating the forest values.

The PDF includes an abstract in English.

  • Hämäläinen, ORCID ID:E-mail:
article id 7531, category Article
Werner Cajanus. (1914). Ueber die Entwicklung gleichaltriger Waldbestände - eine statistische Studie. Acta Forestalia Fennica vol. 3 no. 1 article id 7531. https://doi.org/10.14214/aff.7531
English title: The development of even-aged forests stands - a statistical study.

The aim of the study is to generate yield tables that enables calculating the stumpage values of the forests in different ages. The article investigates the diameter distribution of a stand at the breast height and their changes with the age of the stand.  In an even-aged stand the calculating of the stumpage value is based on height and breast height diameter. Hence the diameter distribution of a stand determines the stand volume, the stem frequency distribution series can be used as the basis of compiling the yield tables, in which the volume is the main factor.   

The study is based on spruce and pine mensuration data from Finland, pine stands from Prussia, and spruce stands from mountainous area of Switzerland. The article presents the characteristics of stem frequency distribution series based on the data. The studied characteristics are arithmetic middle, dispersion, asymmetry (skewness) and excess.

It can be recommended to create tables that show the different developments for age classes. Based on such tables the expected value of the stand can be calculated in practical forest management. Determining a general value of a stand in different forest site types would be important for forest valuation and forest statistics.    

  • Cajanus, ORCID ID:E-mail:
article id 7553, category Article
Leo Ahonen. (1971). Diskonttausarvo ja hakkuitten ajallinen tahdistus. Acta Forestalia Fennica no. 119 article id 7553. https://doi.org/10.14214/aff.7553
English title: Discount value and time sequence of fellings.

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.

  • Ahonen, ORCID ID:E-mail:
article id 7539, category Article
Leo Ahonen. (1970). Diskonttausarvo metsän hinnoitusinformaationa. Acta Forestalia Fennica no. 105 article id 7539. https://doi.org/10.14214/aff.7539
English title: Discount value as a basis for valuation of woodlots.

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.

  • Ahonen, ORCID ID:E-mail:
article id 4664, category Article
Veli-Kustavi Klemetti. (1957). Puuston arviointi tilan hinnoittelussa ja hinnan muodostus tilakokonaisuutta silmälläpitäen. Silva Fennica no. 92 article id 4664. https://doi.org/10.14214/sf.a14065
English title: Evaluation of growing stock in the pricing of settlement farms and composition of the total price of a farm.

 

Silva Fennica Issue 92 includes presentations held in 1956 in the 8th professional development courses, arranged for forest officers working in the Forest Service. The presentations focus on practical issues in forest management and administration, especially in regional level. The education was arranged by Forest Service.

This presentation discusses different ways to determine the price of growing forest stock in settlement farms. The Settlement Act describes the main principles for the evaluation of forests. The growing stock of forest land has been devided into valueable and small timber. Construction timber and valuable trees are marked separately, and small timber is estimated by line survey. According to the act, the total price of a farm should be only what a sensible buyer would pay for it. Therefore, the value must be reduced to a reasonable price if the added value of the different parts is too high considering, for instance, the location of the farm and construction and clearing costs.

  • Klemetti, ORCID ID:E-mail:
article id 4663, category Article
E. Johansson. (1957). Tilan hinnoittelussa huomioonotettavista näkökohdista. Silva Fennica no. 92 article id 4663. https://doi.org/10.14214/sf.a14064
English title: Viewpoints on evaluating settlement farms.

Silva Fennica Issue 92 includes presentations held in 1956 in the 8th professional development courses, arranged for forest officers working in the Forest Service. The presentations focus on practical issues in forest management and administration, especially in regional level. The education was arranged by Forest Service.

This presentation describes the directions of Ministry of Agriculture in Finland, issued in 1947, concerning evaluation of settlement farms and supplementary lots. The new direction differs from the old ones especially in the evaluation of small timber. Arable land has to be valued at a price corresponding to its forest yield value. As it is a prequisite for the profitability of a new farm, the writer points out that such land should be valued at higher price than a corresponding forest land. A way to count out the price is presented.

  • Johansson, ORCID ID:E-mail:
article id 4575, category Article
Eino Saari. (1940). Suurten metsäalojen arvon määrääminen. Silva Fennica no. 55 article id 4575. https://doi.org/10.14214/sf.a9079
English title: Evaluation of large forest areas.

The Moscow Peace Treaty created a need to calculate values of large forest areas in Finland, such as the value of the private and state forests lost in the Second World War, or value of the remaining forests and the value of forests to be assigned to the evacuees. The article describes principles of evaluation of large forest areas. It concludes that use of felling value of the trees is the right method only if felling of the whole tree stand and sale of the wood is actually possible. If these prequisites cannot be fulfilled, the right method to evaluate the forest area is yield in terms of value. When calculating the yield in terms of value, also other incomes and costs related to fellings should be included.

The article includes an abstract in German.

  • Saari, ORCID ID:E-mail:

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