03886cam a22005418i 4500 9781003366737 FlBoTFG 20251030122240.0 m o d cr ||||||||||| 221201s2023 enk ob 001 0 eng OCoLC-P eng rda OCoLC-P 9781003366737 (ebook) 1003366732 9781000883909 (electronic bk. : EPUB) 1000883906 (electronic bk. : EPUB) 9781000883831 (electronic bk. : PDF) 1000883833 (electronic bk. : PDF) 9781032433103 (hardback) 9781032433097 (paperback) 10.4324/9781003366737 doi (OCoLC)1379189935 (OCoLC-P)1379189935 SD551 BUS 069000 bisacsh BUS 099000 bisacsh KCN bicssc Mei, Bin, 1979- author. 93966 Forestland investment : valuation and analysis / Bin Mei and Michael Clutter. Abingdon, Oxon ; New York, NY : Routledge, 2023. 1 online resource text txt rdacontent computer c rdamedia online resource cr rdacarrier Introduction to Forestland Investment -- Optimal Forest Rotation -- Timberland Appraisal -- Return Drivers of Timberland Investment -- Property and Income Tax of Timberland -- Portfolio Theory and Asset Pricing Models -- Timberland Index Construction Methods and Results -- Financial Analysis of Timberland -- Financial and Real Options -- Option Values in Timberland Management -- Valuing Timber Harvest Contracts -- Benefit and Cost Analysis of Forest Carbon -- Emerging Woody Biomass Market -- Case Study: Valuation of Weyerhaeuser and Plum Creek Merger -- Concluding Remarks. "Forestland investment has surged in the past few decades as a result of land ownership change in the forestry industry. Timberland investment and management organizations and real estate investment trusts have bought up land and resources which were divested by vertically integrated forest products companies. This book provides seminal coverage of this seismic shift in the industry exploring the philosophy, driving factors, valuation, theory, research, implementation, practice, and effects of forestland investment. Across 15 chapters the book reviews the history of forestland investment; discusses the optimal forest rotation; explains timberland appraisal; examines the return drivers of forestland; analyses timberland index construction methods and results; prices timberland assets; reviews financial and real options; investigates real option values in forestland management; evaluates timber harvest contracts; examines new opportunities in the emerging woody bioenergy market; and eventually offers prospects on forestland investment in the future. It also discusses how forest carbon can be used as a natural resource-based climate solution. This book is essential reading for forestry business students and scholars, as well as practitioners and policy makers in the industry"-- Provided by publisher. OCLC-licensed vendor bibliographic record. Forests and forestry Valuation. 93967 Forests and forestry Economic aspects. 93968 BUSINESS & ECONOMICS / Economics / General bisacsh 64875 BUSINESS & ECONOMICS / Environmental Economics bisacsh 93969 Clutter, Michael, author. 93970 Taylor & Francis https://www.taylorfrancis.com/books/9781003366737 OCLC metadata license agreement http://www.oclc.org/content/dam/oclc/forms/terms/vbrl-201703.pdf E-Books 67678 67678