The paper is focused on the evaluation of the effectiveness of the use of wood chips for energy production in terms of alternative production capacities. The first investment project is a combined heat and power plant with an electrical output of 60 MW and a heat output of 30 MW. The second variant ...

The objective of the paper is to analyse the issue of forest land valuation from its origin till the present with the emphasis upon detected differences between its deterministic and stochastic models considering their necessary innovations. At present, there are only deterministic methods for...

Nature conservation policy is restricting the active forest management in protected areas. This paper describes current issues related to the forestry in the protected areas of the Slovak Republic. Major conflicts follow from different approaches to the forest management, biodiversity protection,...

A the new approach to forest categorization is based on the detailed review of national and international trends in the categorization of forest functions supported by international documents on forest functions and their classification. The review is complemented by the analysis of current and...

The concept of sustainable development is concerned with the quality of economic growth, human well-being, and the environment. Hence, it connects environmental, economic, and social issues as reflected in the Triple Bottom Line approach. Forestry and forests meet the country's major functions that ...

In this work, the Data Envelopment Analysis as non-parametric approach for measuring efficiency of many homogenous entities was used for the valuation of scale efficiency of the forest contractors. Forest services are provided by small and medium-sized enterprises employing up to 50 employees and...

Presented results document that climatic changes shall affect negatively the economics of forestry in future, directly due to possible change in the proportions of tree species and indirectly by influencing returns and costs of forest production and production of public beneficial forest functions...

The provision of financial incentives is one of the three basic functions of the innovation system for support and dissemination of innovations in the forestry sector. This paper deals with the possibilities and conditions of providing financial support granted by The Agricultural Paying Agency...

This paper analyses the conditions for the conclusion of contracts at the forestry contractors market in Slovakia. It is based on the theoretical background of the nature and existence of the market with services, economy of natural resources and transaction costs theory in order to explain the...

This paper deals with the use of partial cost calculation method and procedures for short-term decision making based on them in chosen forest enterprise of the state company Lesy SR, Banská Bystrica, Slovakia. This paper uses well-known methods for economic analysis of a forest enterprise like...