Journal article
Potential economic impact of improving returns to smallholder tree farmers in Leyte: a cost benefit analysis of ACIAR Project ASEM/2003/052
Annals of Tropical Research, Vol.27(1), pp.105-113
2005
Abstract
This paper presents the results of a cost-benefit analysis of the likely impact of research project ASEM/2003/052 Improving financial returns to smallholder tree farmers in the Philippines - funded by the Australian Centre for International Agricultural Research. Three main categories of project benefits are identified which coincide with short, medium and long-term outcomes, namely (1) increased returns to existing tree farmers from increased volume and higher quality of merchantable timber combined with higher stumpage prices flowing from improved market access (estimated to have a net present value of A$ 1.9 M), (2) increased returns to existing tree farmers from subsequent tree rotations due to increased volume and higher quality of merchantable timber from better management and higher prices (estimated NPV of A$ 1.22 M), and (3) expansion of the timber plantation area due to the higher returns available as a result of project outputs (estimated NPV of A$ 7.79 M). These estimated net present values suggest that the research project is a highly rewarding investment in economic terms.
Details
- Title
- Potential economic impact of improving returns to smallholder tree farmers in Leyte: a cost benefit analysis of ACIAR Project ASEM/2003/052
- Authors
- John L Herbohn (Author) - University of QueenslandSteve R Harrison (Author) - University of Queensland
- Publication details
- Annals of Tropical Research, Vol.27(1), pp.105-113
- Publisher
- Visayas State College of Agriculture
- Date published
- 2005
- ISSN
- 0116-0710
- Organisation Unit
- Australian Centre for Pacific Islands Research; Tropical Forests and People Research Centre; University of the Sunshine Coast, Queensland; Forest Research Institute
- Language
- English
- Record Identifier
- 99450798402621
- Output Type
- Journal article
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