Economic Prospects for Natural Management of Woodlands in the UK |
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Authors: | SPILSBURY M J |
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Institution: | Oxford Forestry Institute South Parks Road, Oxford, OX1 3RB, England |
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Abstract: | The profitability of a wide range of management options, rangingfrom intensive coniferous to more natural systems,are examined. The investments are investigated by the use ofthree different measures of long-term financial viability, benefit-costratios, land expectation values and forest rent. Analysis bythe first method highlights the efficiency of investment formore natural management systems, and the secondmethod favours the traditional coniferous plantations.Forest rent tends to favour management options generating largerevenues irrespective of their timing within a rotation. |
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