Why does Russia need a rental approach to forest resource pricing?

The purpose of this article is consideration of the main reasons that prevent Russia from taking full advantage of the potential of the market mechanism of pricing for forest resources, and possible ways to overcome these obstacles. This is especially important for the assessment of tree resources, which provide 2/3 of the country’s forest income. The method used to achieve the goal of the study is to consider the concept of «perfect competition» in relation to the forest resources markets of Russia, Europe and North America. The possibility of using a multifactor statistical model of the price of forest resources is analyzed. The conditions required for use by the residual value method are analyzed. There are proposals for creating such conditions in Russia. The amount of payment for the use of state forests in Russia, as in many other countries, is set based on the results of a public auction. To determine the initial auction price using fees. In 1997, for the first time, the Russian government set the All-Russia minimum wage rates for standing timber on a rental basis [1]...