This 4-page publication presents a straightforward and intuitive approach based on compounding costs to determine the timber value of a forest at any stage of its development. Written by Andres Susaeta, and published by the UF/IFAS School of Forest, Fisheries, and Geomatics Sciences, March 2021.
Faustmann, M. 1849. “Calculation of the Value Which Forest Land and Immature Stands Possess.” Reprinted in Journal of Forest Economics 1 (1): 89–114. https://doi.org/10.4324/9781315182681-2
Susaeta, A., and C. Demers. 2019a. The Optimal Forest Management of an Even-Aged Stand: The Biological Rotation versus the Land Expectation Value. FOR355. Gainesville: University of Florida Institute of Food and Agricultural Sciences. https://doi.org/10.32473/edis-fr424-2019
Susaeta, A., and C. Demers. 2019b. What Is the Value of an Existing Forest Stand? FOR354. Gainesville: University of Florida Institute of Food and Agricultural Sciences. https://doi.org/10.32473/edis-fr423-2019