Economic value of a standing tree, equivalent to the amount concessionaires earn when a log is sold to the sawmill or the exporter, less the cost of logging. It is used as the net-price valuation in environmental accounting.
STUMPAGE VALUE
Economic value of a standing tree, equivalent to the amount concessionaires earn when a log is sold to the sawmill or the exporter, less the cost of logging. It is used as the net-price valuation in environmental accounting.
