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HEDONIC PRICING APPLIED TO FOREST ESTATE

Statistics Directorate    
Definition:
A method for separating the values of the various ‘functions’ of a forest estate: the land value, the timber value, the recreational (e.g. hunting, aesthetic, etc.) value.

Source Publication:
United Nations, European Commission, International Monetary Fund, Organisation for Economic Co-operation and Development, World Bank, 2005, Handbook of National Accounting: Integrated Environmental and Economic Accounting 2003, Studies in Methods, Series F, No.61, Rev.1, Glossary, United Nations, New York, para. 7.247.

Statistical Theme: Environmental statistics

Created on Tuesday, July 05, 2005