Regional Economics: Theory and Practice
 

A criterion system for evaluating the economic efficiency of forest management in sparsely wooded regions

Vol. 14, Iss. 6, JUNE 2016

Received: 13 October 2015

Received in revised form: 28 January 2016

Accepted: 2 March 2016

Available online: 15 June 2016

Subject Heading: ENVIRONMENTAL ECONOMICS

JEL Classification: Q23, Q26, Q56

Pages: 81-98

Efimova N.B. Volgograd State Agrarian University, Volgograd, Russian Federation
efimova_84.08@mail.ru

Importance The multifunctional purpose of forests requires the development of a forest management mechanism, which would include an effective system of organization of forestry activities in complex areas, ensuring the profitability of use of forest products and expanded reproduction of forest resources.
Objectives The paper aims to assess the effectiveness of forest management in the Volgograd oblast as a sparsely wooded region in the South of the Russian Federation.
Methods For the study, I used statistical and economic, and design and constructive methods of analysis.
Results In the article, I propose the results of evaluation of the effectiveness of forest management in the Volgograd oblast.
Conclusions The efficient development of the forest sector of the economy requires favorable social, economic, environmental, and political conditions.

Keywords: prevented damage, evaluation, efficiency, yield, reforestation, capital cost

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