Matti Keltikangas. (1971). Time factor and investment calculations in timber growing. Theoretical fundamentals. Acta Forestalia Fennica no. 120 article id 7554. https://doi.org/10.14214/aff.7554

Keywords: forest management; profitability; investment; time factor; interest rates

Abstract | View details | Full text in PDF | Author Info

The role of the time factor is discussed from the viewpoint that investment calculations are expected to be used to transform and condense information and not necessarily to show the optimum. Some general conclusions are drawn concerning the recommendable form of such a calculation when used by a consultant advising a forest owner. A few of the practical problems arising in the connection of applications to timber growing are also discussed.

In conclusion, a recommendation was developed for the calculation procedure to be used in the so-called contractual research into the profitability sequence of forest improvements. It would seem advisable to carry out the calculations using both varying interest rates and varying time horizons. In addition, it is justifiable also to present the expected series of cash flow changes, such as they are, among the results. Further studies will follow.

The PDF includes a summary in Finnish.

Keltikangas, E-mail: mk@mm.unknown

Click this link to register to Silva Fennica.

If you are a registered user, log in to save your selected articles for later access.

Contents alert

Your selected articles
Send to email

Légaré S., Bergeron Y. et al. (2002) Influence of forest composition on understory co.. Silva Fennica vol. 36 no. 1 article id 567 (remove) | Edit comment

Heikinheimo O., (1938) Thinning of forest stands Silva Fennica vol. no. 46 article id 4533 (remove) | Edit comment

Meen E., Nielsen A. et al. (2012) Forest stand modelling as a tool to predict perf.. Silva Fennica vol. 46 no. 4 article id 906 (remove) | Edit comment

Appelroth E., (1942) Requisite for periodical inventories of private .. Acta Forestalia Fennica vol. 50 no. 12 article id 7365 (remove) | Edit comment

Kumpu A., Peltoniemi M. et al. (2025) Soil carbon and nitrogen in unmanaged forests in.. Silva Fennica vol. 59 no. 3 article id 24072 (remove) | Edit comment

Eriksson G., (1991) Challenges for forest geneticists. Silva Fennica vol. 25 no. 4 article id 5465 (remove) | Edit comment

Stolpe N., (1954) Observations on floating, its organizations and .. Acta Forestalia Fennica vol. 61 no. 5 article id 7417 (remove) | Edit comment

Pallasmaa J., (1987) The architecture of the forest Silva Fennica vol. 21 no. 4 article id 5335 (remove) | Edit comment

Sierla V. O., (1933) Timber transportation of the floating associatio.. Acta Forestalia Fennica vol. 39 no. 1 article id 7272 (remove) | Edit comment

Starr M., Westman C. J. (1978) Easily extractable nutrients in the surface peat.. Silva Fennica vol. 12 no. 2 article id 4990 (remove) | Edit comment

Follow @SilvaFennica