Financial and economic analyses of conventional and reduced impact harvesting systems.
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 co...
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Canadian Center of Science and Education
2009
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Online Access: | http://psasir.upm.edu.my/id/eprint/14755/1/Financial%20and%20economic%20analyses%20of%20conventional%20and%20reduced%20impact%20harvesting%20systems.pdf http://psasir.upm.edu.my/id/eprint/14755/ http://www.ccsenet.org/journal/index.php/jsd |
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my.upm.eprints.147552015-11-13T02:34:19Z http://psasir.upm.edu.my/id/eprint/14755/ Financial and economic analyses of conventional and reduced impact harvesting systems. Abdul Samad, Abdul Rahim Othman, Mohd Shahwahid Mohd Ashhari, Zariyawati 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). Canadian Center of Science and Education 2009-11 Article PeerReviewed application/pdf en http://psasir.upm.edu.my/id/eprint/14755/1/Financial%20and%20economic%20analyses%20of%20conventional%20and%20reduced%20impact%20harvesting%20systems.pdf 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 http://www.ccsenet.org/journal/index.php/jsd English |
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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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Article |
author |
Abdul Samad, Abdul Rahim Othman, Mohd Shahwahid Mohd Ashhari, Zariyawati |
spellingShingle |
Abdul Samad, Abdul Rahim Othman, Mohd Shahwahid Mohd Ashhari, Zariyawati Financial and economic analyses of conventional and reduced impact harvesting systems. |
author_facet |
Abdul Samad, Abdul Rahim Othman, Mohd Shahwahid Mohd Ashhari, Zariyawati |
author_sort |
Abdul Samad, Abdul Rahim |
title |
Financial and economic analyses of conventional and reduced impact harvesting systems. |
title_short |
Financial and economic analyses of conventional and reduced impact harvesting systems. |
title_full |
Financial and economic analyses of conventional and reduced impact harvesting systems. |
title_fullStr |
Financial and economic analyses of conventional and reduced impact harvesting systems. |
title_full_unstemmed |
Financial and economic analyses of conventional and reduced impact harvesting systems. |
title_sort |
financial and economic analyses of conventional and reduced impact harvesting systems. |
publisher |
Canadian Center of Science and Education |
publishDate |
2009 |
url |
http://psasir.upm.edu.my/id/eprint/14755/1/Financial%20and%20economic%20analyses%20of%20conventional%20and%20reduced%20impact%20harvesting%20systems.pdf http://psasir.upm.edu.my/id/eprint/14755/ http://www.ccsenet.org/journal/index.php/jsd |
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