Open AccessAnalysis of commercial cost-effectiveness of poplar plantations
Author(s) -
Ljiljana Keča
Publication year - 2005
Publication title -
glasnik šumarskog fakulteta - univerzitet u beogradu/glasnik šumarskog fakulteta
Language(s) - English
Resource type - Journals
eISSN - 2217-8600
pISSN - 0353-4537
DOI - 10.2298/gsf0591135k
Subject(s) - valuation (finance) , investment (military) , cost analysis , payback period , forestry , business , agroforestry , agricultural economics , pulp and paper industry , environmental science , mathematics , engineering , economics , operations research , geography , finance , microeconomics , production (economics) , politics , political science , law
The commercial cost-effectiveness of poplar cultivation and commercial cost-effectiveness of long-rotation (42-year) poplar plantation were analyzed. The aim of the research is, based on analysis of expenses and receipts during the period of 42 years and by applying the method of analysis of the project commercial cost-effectiveness, to show the justification of long rotations in poplar plantations. Modern methods of investment valuation were applied and consequently their practical application in forestry was confirmed