Articles containing the keyword 'reduction of value'
Category : Article
In acquiring land for the population displaced by the Second World War, the forest had to be priced, according to the Land Reclamation Act of 1945, separately for land and timber. Technical defects in the growing stock were to be taken account in the form of a total reduction in the value of the stock. Generally, it was to be 5-15% of the total value. The present investigation aims at checking the reduction percentages.
When the reduction in the felling value of the growing stock caused by the defects is estimated, the reduction is defined for each timber assortment, and the total reduction is calculated from these values. The timber assortments have big variation in prices, therefore defects in the most valuable assortments can have big effect on the total value of the growing stock. According to the study, the decree implementing the Land Reclamation Act did not in some cases allow for price reductions for defects on a sufficiently small scale to correspond to real conditions.
The Acta Forestalia Fennica issue 61 was published in honour of professor Eino Saari’s 60th birthday.
The PDF includes a summary in English.
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Salo,
E-mail:
es@mm.unknown
