New Perspectives in Forest Science 2018
DOI: 10.5772/intechopen.72907
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A Review of Selected Methods to Determine the Economic Value of Forest: Polish Research

Abstract: Value is a multifaceted term, and for this reason, forest economics uses a set of various categories of forest value. Two basic categories of value, with which we deal in economics, are connected with market value and non-market value. Market value is specified by the market as a result of interactions of supply and demand. Occasionally, market value is referred to in Polish literature as exchangeable value and value in exchange. Non-market value is a value ascribed by consumers to a good or service, for which… Show more

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Cited by 2 publications
(1 citation statement)
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“…The geometric method, due to its structure (the geometric mean of values of the chain index in the investigated period), is easier to apply. However, Adamowicz et al (2016) claimed that the logarithmic method is recommended for the assessment of environmental processes. For this reason that method was used in this study.…”
Section: Methodsmentioning
confidence: 99%
“…The geometric method, due to its structure (the geometric mean of values of the chain index in the investigated period), is easier to apply. However, Adamowicz et al (2016) claimed that the logarithmic method is recommended for the assessment of environmental processes. For this reason that method was used in this study.…”
Section: Methodsmentioning
confidence: 99%