Financial and economic analyses of conventional and reduced impact harvesting systems.

Citation

Abdul Samad, Abdul Rahim and Othman, Mohd Shahwahid and Mohd Ashhari, Zariyawati (2009) Financial and economic analyses of conventional and reduced impact harvesting systems. Journal of Sustainable Development, 2 (3). pp. 113-121. ISSN 1913-9063; ESSN : 1913-9071

Abstract

This paper examines the various committed new technology and improve logging activities ascribed in the ‘Logfisher’ Practice (LP) rather than Conventional Practice (CP). The result of cost analysis shows that the cost constitutes under LP is higher than under CP. Incremental average per ha total cost rose by 46.86% to RM13,576/ha. While the incremental average per m3 total cost increased by 57.41% to RM267.80/m3. Hence, CP was slightly more profitable and exceeds the Net Present Value (NPV) of LP. Similarly, the Benefit-Cost Ration (BCR) for CP is better than LP. On the other hand, the result of the economic analysis of 40-year period showed that the LP system (NPV = RM9302/ha) provided a higher level of overalls benefits and welfare to the society as a whole as opposed to CP (NPV = RM8497/ha).

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Official URL or Download Paper: http://www.ccsenet.org/journal/index.php/jsd

Additional Metadata

Item Type:	Article
Divisions:	Faculty of Economics and Management
Publisher:	Canadian Center of Science and Education
Keywords:	Logfisher practice; Conventional practice; ‘Logfisher’; Net present value.
Depositing User:	Emelda Mohd Hamid
Date Deposited:	08 May 2014 08:40
Last Modified:	13 Nov 2015 02:34
URI:	http://psasir.upm.edu.my/id/eprint/14755
Statistic Details:	View Download Statistic

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