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Revista Árvore

Print version ISSN 0100-6762

Abstract

SILVA, Márcio Lopes da  and  FONTES, Alessandro Albino. Discussion on the criteria of economical evaluation: net present value (VPL), equivalent annual value (VAE) and soil expected value (VET). Rev. Árvore [online]. 2005, vol.29, n.6, pp. 931-936. ISSN 0100-6762.  http://dx.doi.org/10.1590/S0100-67622005000600012.

Frequently, it has occurred doubts and confusion in the interpretation of criteria of economic evaluation in the forestry sector. The objective of this was to clarify and argue the main issues related to the Net Present Value, Equivalent Annual Value and Soil Expected Value, as well as to compare them and demonstrate that there is a relation among them. Therefore, a study of case of a project of investment in eucalyptus reforestation was used in order to compare the criteria. The results indicated that all the criteria were adjusted and could be applied, being enough to know well the difference among them and the correct form of their interpretation.

Keywords : Forestry economics; criteria of economic evaluation; forestry project.

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