A Manager's Guide to Forestry Investment Analysis
A Manager's Guide to Forestry Investment Analysis

Author: A. Ghebremichael

Publisher:

Published: 1996

Total Pages: 80

ISBN-13:

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This guide has been prepared to assist forest managers and planners in the use of economic analysis techniques. It uses simplified analytical methods, hands-on exercises, and two case studies to provide a working understanding of the principles and techniques of financial and economic analyses. Topics covered include: the unique characteristics of timber production; the time value of money and cash flows; different series of cash flows (present and future values); decision criteria such as payback period, rate of return, net present value, cost-benefit ratio, equivalent annual income, and annual rent; applications of criteria to single stand level decisions and to forest-wide decisions; special topics, including recent developments in discounting theory; and accounting for perspectives from private enterprise, the public sector, and society as a whole. The appendix contains two case studies on jack pine thinning and regeneration.

Evaluating Silviculture Projects:
Evaluating Silviculture Projects:

Author:

Publisher:

Published: 1990

Total Pages: 29

ISBN-13:

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This document contains excerpts from the literature to 1990 on silvicultural decision-making, interspersed with introductory or explanatory notes. Topics covered include the nature of silviculture projects as long-term investments; the benefits of silviculture, including improvement in growth & yield, increases in timber value, harvest cost reduction, aggregate wood supply benefits, impacts on employment & community stability, and social & ethical benefits; financial analysis of silviculture project viability; discounted cash flow criteria for determining profitability; forest stand models used in British Columbia; uncertainty & risk associated with silvicultural treatment; and economic analysis in a wider perspective.