• Title/Summary/Keyword: Non-timber benefits

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The Economics of Forest Management for Multiple Uses : The Theory and Applications (다목적(多目的) 산림경영(山林經營)의 경제학적(經濟學的) 고찰(考察) : 그 이론(理論)과 응용(應用))

  • Youn, Yeo Chang
    • Journal of Korean Society of Forest Science
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    • v.76 no.2
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    • pp.169-177
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    • 1987

  • The concept of multiple-use forestry can be considered as a simple application of the economic theory which commands the efficient utilization of resources. This paper reviews two important branches of the economic theory-theory of the firm and the capital theory-and discusses various methodologies of measuring the non-timber benefits from the forest. In addition, an empirical analysis with an example of the Deogyu National Park is presented. For this purpose, the Clawson's Travel Cost Method was employed.

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