论文标题
北方林业的两种策略和善意的资本化策略
Two strategies for boreal forestry with goodwill in capitalization
论文作者
论文摘要
引入了两种北方林业的策略，并引入了善意的房地产资本化。关注房地产（RE）的战略在财务上优于木材销售（TS）。 RE的可行性要求在房地产市场（例如保险公司或投资信托）中存在森林土地最终用户，并且不适用定期边界条件。商业稀释剂不会在独立讨论中输入RE策略。但是，它们可能出现在具有变化年龄结构的庄园中，并可以扩大支架旋转时间。
Two strategies for boreal forestry with goodwill in estate capitalization are introduced. A strategy focusing on Real Estate (RE) is financially superior to Timber Sales (TS). The feasibility of the RE requires the presence of forest land end users in the real estate market, like insurance companies or investment trusts, and the periodic boundary condition does not apply. Commercial thinnings do not enter the RE strategy in a stand-level discussion. However, they may appear in estates with a variable age structure and enable an extension of stand rotation times.
