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NORWAY SPRUCE PLANTATIONS IN CROATIA: INVESTMENT ANALYSYS AND ALTERNATIVES (CROSBI ID 596913)

Prilog sa skupa u zborniku | izvorni znanstveni rad | međunarodna recenzija

Beljan, Karlo ; Posavec, Stjepan ; Teslak, Krunoslav NORWAY SPRUCE PLANTATIONS IN CROATIA: INVESTMENT ANALYSYS AND ALTERNATIVES // IUFRO Managerial economics and accounting Socio-economic Analyses of Sustainable Forest Management / Šišák, Luděk ; Dudik, Roman ; Hirb, Michal (ur.). Prag: Department of Forestry Economics, Faculty of Forestry and Wood Science, Czech University of Life Science Prague, 2013. str. 6-14

Podaci o odgovornosti

Beljan, Karlo ; Posavec, Stjepan ; Teslak, Krunoslav

engleski

NORWAY SPRUCE PLANTATIONS IN CROATIA: INVESTMENT ANALYSYS AND ALTERNATIVES

Spruce plantations in Croatia were established mainly during the second half of the 20th century. Reasons were karst afforestation and increase of short term profit. As skiofit species it tolerates high planting density and thus provides high timber volume at the end of rotation. Planting density, spatial distribution, thinning intervals and intensity are key elements of economical management. End of rotation has the most influence on economic result because it is the time of highest net profit. The comparison of one long or several short rotations in the same time period represents different opportunity costs. This paper presents investment analysis in spruce plantations. Revenues and costs are estimated for each tree separately in particular plantation. Using forest growth simulator MOSES version 3.0 optimal rotations have been evaluated based on silvicultural and economic criteria. The results show the most profitable management scenario for growing spruce trees in a defined time period.

capital budgeting; plantations; management scenario; rotation length; NPV; LEV

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Podaci o prilogu

6-14.

2013.

objavljeno

Podaci o matičnoj publikaciji

IUFRO Managerial economics and accounting Socio-economic Analyses of Sustainable Forest Management

Šišák, Luděk ; Dudik, Roman ; Hirb, Michal

Prag: Department of Forestry Economics, Faculty of Forestry and Wood Science, Czech University of Life Science Prague

978-80-213-2377-3

Podaci o skupu

Socio-economic Analyses of Sustainable Forest Management

predavanje

15.05.2013-18.05.2013

Prag, Češka Republika

Povezanost rada

Šumarstvo