... only Discounting Far-distant future Declining discount rates Forestry Forest economics Cost-benefit analysis D61 D63 D81 D92 Q23 In several places, owners of forest land plant trees although the internal rate of return on a tree plantation is substantially lower than...

... 02 2007 © 2007 Elsevier GmbH 2007 Elsevier GmbH Licensed re-use rights only Discounting Far-distant future Declining discount rates Forestry Forest economics Cost–benefit analysis D61 D63 D81 D92 Q23 Forestry is a long-term investment. Harvesting cycles...