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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Main Authors: Abdul Samad, Abdul Rahim, Othman, Mohd Shahwahid, Mohd Ashhari, Zariyawati
Format: Article
Language:English
English
Published: Canadian Center of Science and Education 2009
Online Access:http://psasir.upm.edu.my/id/eprint/14755/
http://psasir.upm.edu.my/id/eprint/14755/1/Financial%20and%20economic%20analyses%20of%20conventional%20and%20reduced%20impact%20harvesting%20systems.pdf
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author Abdul Samad, Abdul Rahim
Othman, Mohd Shahwahid
Mohd Ashhari, Zariyawati
author_facet Abdul Samad, Abdul Rahim
Othman, Mohd Shahwahid
Mohd Ashhari, Zariyawati
author_sort Abdul Samad, Abdul Rahim
building UPM Institutional Repository
collection Online Access
description 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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spelling upm-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
spellingShingle Abdul Samad, Abdul Rahim
Othman, Mohd Shahwahid
Mohd Ashhari, Zariyawati
Financial and economic analyses of conventional and reduced impact harvesting systems.
title 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_short Financial and economic analyses of conventional and reduced impact harvesting systems.
title_sort financial and economic analyses of conventional and reduced impact harvesting systems.
url http://psasir.upm.edu.my/id/eprint/14755/
http://psasir.upm.edu.my/id/eprint/14755/
http://psasir.upm.edu.my/id/eprint/14755/1/Financial%20and%20economic%20analyses%20of%20conventional%20and%20reduced%20impact%20harvesting%20systems.pdf