Reviewing Classification Scheme of Timber Assets for the National Accounting in Korea
2007
Chong, S.K. (Korea Forest Research Institute, Seoul, Republic of Korea) | Kim, Y.H. (Korea Forest Research Institute, Seoul, Republic of Korea), E-mail: [email protected]
Due to the low productivity in timber harvesting, economic values of forest resources have been rarely validated in Korea. Since the Korea Forest Service provided a statistic of the timber assets for the survey of the 4th National Accounting (1998), no more statistics or measurements have been provided. Further, it becomes an issue that there is no clear standard to classify timber assets into produced or non-produced assets. In this research, we intended to provide a reasonable standard that enables one to classify timber assets either in produced or non-produced assets.
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