Financial and economic analyses of conventional and new technology harvesting systems
This paper examine 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...
| Main Authors: | , |
|---|---|
| Format: | Conference or Workshop Item |
| Language: | English |
| Published: |
IEEE
2010
|
| Online Access: | http://psasir.upm.edu.my/id/eprint/48140/ http://psasir.upm.edu.my/id/eprint/48140/1/Financial%20and%20economic%20analyses%20of%20conventional%20and%20new%20technology%20harvesting%20systems.pdf |
| _version_ | 1848851000675270656 |
|---|---|
| author | Abdul Samad, Abdul Rahim Othman, Mohd Shahwahid |
| author_facet | Abdul Samad, Abdul Rahim Othman, Mohd Shahwahid |
| author_sort | Abdul Samad, Abdul Rahim |
| building | UPM Institutional Repository |
| collection | Online Access |
| description | This paper examine 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). |
| first_indexed | 2025-11-15T10:15:14Z |
| format | Conference or Workshop Item |
| id | upm-48140 |
| institution | Universiti Putra Malaysia |
| institution_category | Local University |
| language | English |
| last_indexed | 2025-11-15T10:15:14Z |
| publishDate | 2010 |
| publisher | IEEE |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | upm-481402016-08-03T08:08:36Z http://psasir.upm.edu.my/id/eprint/48140/ Financial and economic analyses of conventional and new technology harvesting systems Abdul Samad, Abdul Rahim Othman, Mohd Shahwahid This paper examine 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). IEEE 2010 Conference or Workshop Item PeerReviewed application/pdf en http://psasir.upm.edu.my/id/eprint/48140/1/Financial%20and%20economic%20analyses%20of%20conventional%20and%20new%20technology%20harvesting%20systems.pdf Abdul Samad, Abdul Rahim and Othman, Mohd Shahwahid (2010) Financial and economic analyses of conventional and new technology harvesting systems. In: 2010 International Conference on Financial Theory and Engineering (ICFTE 2010), 18-20 June 2010, Dubai, United Arab Emirates. (pp. 180-184). 10.1109/ICFTE.2010.5499401 |
| spellingShingle | Abdul Samad, Abdul Rahim Othman, Mohd Shahwahid Financial and economic analyses of conventional and new technology harvesting systems |
| title | Financial and economic analyses of conventional and new technology harvesting systems |
| title_full | Financial and economic analyses of conventional and new technology harvesting systems |
| title_fullStr | Financial and economic analyses of conventional and new technology harvesting systems |
| title_full_unstemmed | Financial and economic analyses of conventional and new technology harvesting systems |
| title_short | Financial and economic analyses of conventional and new technology harvesting systems |
| title_sort | financial and economic analyses of conventional and new technology harvesting systems |
| url | http://psasir.upm.edu.my/id/eprint/48140/ http://psasir.upm.edu.my/id/eprint/48140/ http://psasir.upm.edu.my/id/eprint/48140/1/Financial%20and%20economic%20analyses%20of%20conventional%20and%20new%20technology%20harvesting%20systems.pdf |