입목 평가 방식의 쟁점 및 개선방안

Abstract

The purpose of this study is to introduce appraisal methods of timber assets, So it was required to understand the principles of appraisal methods raised in their practical applications. A comprehensive review of appraisal methods utilized in Korea and other countries was conducted in this study. suggest limits and an more reasonable alternative on appraising of timber assets. First, we need to make an appraisal of classify young forest, young matured stand and old stand according to planting years. And 10-year old but nonstandard timber asset is necessary to the depreciation adopting the additional cost for normalization. Also, it is reasonable to apply the Derived Residual value method to maturing timber assets as well,we should use the rate of bucking for rate of use. Finally deforestation of numerous trees at the same time is impossible so that appraisers may apply the concepts of the time value of money for the using the Derived Residual value method flexibly. Because this study modify appraisal methods of timber assets to meet reality of Korea properly, it helps appraisers, forest managers and businesses to provide material on estimate timber asset value.