Quantification of the utility value of the recreational function of forests from the aspect of valuation practice

Kód výsledku v IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F62156489%3A43410%2F16%3A43909968" target="_blank" >RIV/62156489:43410/16:43909968 - isvavai.cz</a>

Výsledek na webu

<a href="http://dx.doi.org/10.17221/50/2016-JFS" target="_blank" >http://dx.doi.org/10.17221/50/2016-JFS</a>

DOI - Digital Object Identifier

<a href="http://dx.doi.org/10.17221/50/2016-JFS" target="_blank" >10.17221/50/2016-JFS</a>

Jazyk výsledku

angličtina

Název v původním jazyce

Quantification of the utility value of the recreational function of forests from the aspect of valuation practice

Popis výsledku v původním jazyce

The article is focused on quantification of the utility value of the recreational function of forests from the aspect of valuation practice. The aim of the article is a description of a methodical procedure which would enable to determine the market value of the recreational function of forests in the case of creation of real market demand. The methodical approach was verified on a case study in the chosen area. Results imply that determination of the market price of the recreational function in the case of creation of real market demand is possible and the formulated hypothesis is not rejected. The final rental value in the closed time period from the price determined for forest lands by application of the nominal interest rate 4.75% is 0.169 CZK.m-2. The procedure can be understood as a theoretical and methodical tool usable in the valuation practice, but especially as a political tool in the creation of legislative regulations in the area of valuation of ecosystem forest functions and services at the national and international level.

Název v anglickém jazyce

Quantification of the utility value of the recreational function of forests from the aspect of valuation practice

Popis výsledku anglicky

The article is focused on quantification of the utility value of the recreational function of forests from the aspect of valuation practice. The aim of the article is a description of a methodical procedure which would enable to determine the market value of the recreational function of forests in the case of creation of real market demand. The methodical approach was verified on a case study in the chosen area. Results imply that determination of the market price of the recreational function in the case of creation of real market demand is possible and the formulated hypothesis is not rejected. The final rental value in the closed time period from the price determined for forest lands by application of the nominal interest rate 4.75% is 0.169 CZK.m-2. The procedure can be understood as a theoretical and methodical tool usable in the valuation practice, but especially as a political tool in the creation of legislative regulations in the area of valuation of ecosystem forest functions and services at the national and international level.

Druh

J_x - Nezařazeno - Článek v odborném periodiku (Jimp, Jsc a Jost)

CEP obor

GK - Lesnictví

OECD FORD obor

—

Projekt

—

Návaznosti

I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace

Rok uplatnění

2016

Kód důvěrnosti údajů

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Název periodika

Journal of Forest Science

ISSN

1212-4834

e-ISSN

—

Svazek periodika

62

Číslo periodika v rámci svazku

8

Stát vydavatele periodika

CZ - Česká republika

Počet stran výsledku

12

Strana od-do

345-356

Kód UT WoS článku

—

EID výsledku v databázi Scopus

2-s2.0-84988869824