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Analysis of the value of the state plantations sold in 1990



Analysis of the value of the state plantations sold in 1990



New Zealand Forestry 37(3): 22-27



Data from the 1990 sale of cutting rights to 43 state plantations in 12 transactions in New Zealand were used to develop a model to explain the difference between the values of the forests sold. The average value of the transactions ranged from NZ$359/ha to NZ$5552/ha. The model explained forest value as a function of the discounted net clearfell revenue associated with the average stand in the forest less silvicultural and overhead costs.

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