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Farmland III: Land-Expectation Value and Timberland Valuation

In: The Handbook of Global Agricultural Markets

Author

Listed:
  • Luc Nijs

Abstract

Wood and commodities made of it have worldwide importance. The global forest area consists of 3.9 billion hectares of forestland, which is about a third of the total global land area. In 2000, the amount of round wood felled was 3.4 billion cubic meters, half of it firewood. The global production of forestry commodities was about one billion cubic meters in 2000. The export value of these commodities in world trade was USD 134,000 million and the import value USD 141,000 million.

Suggested Citation

  • Luc Nijs, 2014. "Farmland III: Land-Expectation Value and Timberland Valuation," Palgrave Macmillan Books, in: The Handbook of Global Agricultural Markets, chapter 10, pages 245-273, Palgrave Macmillan.
  • Handle: RePEc:pal:palchp:978-1-137-30234-2_10
    DOI: 10.1057/9781137302342_10
    as

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