Estimating Timber Depreciation in the Brazilian Amazon
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This study applies distinct methodological forest accounting approaches, following Vincent and Hartwick (1997) lines, to estimate economic depreciation of timber exploitation in the Amazonian region. Although the results may not be definitive ones, due to data availability problems, this exercise has proved to bring about issues which, though are theoretical and methodologically fully recognised, are not always revealed in other regional studies. High timber stocks, lack of property rights and i nformal economic relations are issues related to the Amazonian case that require great deal of caution when one is applying economic depreciation methodologies, as is addressed on the bases of these results.