Economic aspects of applying the cost approach to assessment of forest resources

Precise and balanced economic evaluation of forest resources is considered as one of the vital conditions of their effective usage. The existing practice of forest resources valuation demonstrates huge gap between the overall evaluation theory and methodologies developed for the forestry. The articl...

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Main Authors: Tretyakov Alexander, Kolarzh Vyacheslav, Karamyshev Viktor, Morkovina Svetlana
Format: Article
Language:English
Published: EDP Sciences 2024-01-01
Series:BIO Web of Conferences
Online Access:https://www.bio-conferences.org/articles/bioconf/pdf/2024/64/bioconf_ForestryForum2024_05002.pdf
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author Tretyakov Alexander
Kolarzh Vyacheslav
Karamyshev Viktor
Morkovina Svetlana
author_facet Tretyakov Alexander
Kolarzh Vyacheslav
Karamyshev Viktor
Morkovina Svetlana
author_sort Tretyakov Alexander
collection DOAJ
description Precise and balanced economic evaluation of forest resources is considered as one of the vital conditions of their effective usage. The existing practice of forest resources valuation demonstrates huge gap between the overall evaluation theory and methodologies developed for the forestry. The article is devoted to cost approach to valuation in view of most sufficient types of forest usage and types of forest resources, and demonstrate the key weaknesses of implementation of cost approach to forest resources. The article also provides the brief description of possible solutions for revealed weaknesses mitigation.
format Article
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institution OA Journals
issn 2117-4458
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publishDate 2024-01-01
publisher EDP Sciences
record_format Article
series BIO Web of Conferences
spelling doaj-art-27d16cd5f9da4eefb747b8a93312782d2025-08-20T01:59:26ZengEDP SciencesBIO Web of Conferences2117-44582024-01-011450500210.1051/bioconf/202414505002bioconf_ForestryForum2024_05002Economic aspects of applying the cost approach to assessment of forest resourcesTretyakov Alexander0Kolarzh Vyacheslav1Karamyshev Viktor2Morkovina Svetlana3Saint Petersburg Forestry Research InstituteSaint Petersburg Forestry Research InstituteSaint Petersburg Forestry Research InstituteVoronezh State University of Forestry and Technologies named after G.F. MorozovPrecise and balanced economic evaluation of forest resources is considered as one of the vital conditions of their effective usage. The existing practice of forest resources valuation demonstrates huge gap between the overall evaluation theory and methodologies developed for the forestry. The article is devoted to cost approach to valuation in view of most sufficient types of forest usage and types of forest resources, and demonstrate the key weaknesses of implementation of cost approach to forest resources. The article also provides the brief description of possible solutions for revealed weaknesses mitigation.https://www.bio-conferences.org/articles/bioconf/pdf/2024/64/bioconf_ForestryForum2024_05002.pdf
spellingShingle Tretyakov Alexander
Kolarzh Vyacheslav
Karamyshev Viktor
Morkovina Svetlana
Economic aspects of applying the cost approach to assessment of forest resources
BIO Web of Conferences
title Economic aspects of applying the cost approach to assessment of forest resources
title_full Economic aspects of applying the cost approach to assessment of forest resources
title_fullStr Economic aspects of applying the cost approach to assessment of forest resources
title_full_unstemmed Economic aspects of applying the cost approach to assessment of forest resources
title_short Economic aspects of applying the cost approach to assessment of forest resources
title_sort economic aspects of applying the cost approach to assessment of forest resources
url https://www.bio-conferences.org/articles/bioconf/pdf/2024/64/bioconf_ForestryForum2024_05002.pdf
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AT morkovinasvetlana economicaspectsofapplyingthecostapproachtoassessmentofforestresources