«The value of stumpage» within the context of ensuring economic security and competitiveness of forest industry
( Pp. 73-78)

The article contains an analysis of theoretical and practical approaches to assessing the value of the forest on the vine, as limited, but renewable resource that allows you to extract a significant income and meet the diverse needs of society. The use of a critical analysis in the research process allowed the author to present a comparative characteristic of the methods of forming the cost of forest resources intended for harvesting with a detailed description of the calculation methods; and also to establish possible reasons for the emergence of a conflict of interest between the state, as the owner of forest plots, and tenants. V. Pareto’ s appeal to the optimum made it possible to reveal the regularity of the effect of «deferred damage» in the Russian forest industry, that is, the impossibility of future generations to meet their own needs for wood products. The approximate calculation of income from logging 1000 m3 of wood, confirming the existence of an economic resource for the formation of the process of competitiveness of the forest industry. The definition of the forest on the root. The author present the genesis of calculating the cost of standing timber, as the most important aspect of the forest economy, which is the starting point for determining the cost of products for end users. The factors that have a negative impact on the state of economic security of the forestry industry have been identified. In the conclusion, it is proposed to transform the mechanism for forming the cost of standing timber, taking into account various indicators, including market value, consumer demand, transport accessibility and quality of wood, which, according to the author, will allow not only comprehensive mechanization of the industry, also contribute to increasing productivity equipment and the development of the competitiveness of the industry.

Marina A.B., (2020), «THE VALUE OF STUMPAGE» WITHIN THE CONTEXT OF ENSURING ECONOMIC SECURITY AND COMPETITIVENESS OF FOREST INDUSTRY. Economic Problems and Legal Practice, 5 => 73-78.

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forest on the vine, cost, economic resource, market economy, competitiveness, forest industry, economic security.