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Regional Economics: Theory and Practice
 

Pecuniary valuation of timber resources in terms of its multiple use (case study of the national park “Kurshskaya kosa”)

Vol. 7, Iss. 10, APRIL 2009

Available online: 2 October 2009

Subject Heading: Economy and management

JEL Classification: 

Khodzhaev R.Sh. Doctor of Science (Economics), associate professor, Baltic Institute for Economy and Finances

Vasilevich I.Y. Cand. Sc. (Economics), assistant professor.State University of Saint Petersburg ;

The pecuniary valuation showed that timber is valuable as a recreation object rather than raw materials. The authors thus conclude that recreation value is much higher than that of deforestation of Kurshskaya kosa using it as a supplier of raw materials. The study says that many people are willing to raise funds for Kurshskaya kosa preservation, which will contribute to working our a respective mechanism.

Keywords: object, recreation, use; mechanism, organization, work; fund, preservation; national, park

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ISSN 2311-8733 (Online)
ISSN 2073-1477 (Print)

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