|
Registro completo
|
|
Biblioteca (s) : |
INIA Tacuarembó. |
|
Fecha : |
17/10/2014 |
|
Actualizado : |
15/09/2020 |
|
Tipo de producción científica : |
Artículos en Revistas Indexadas Internacionales |
|
Autor : |
CUBBAGE, F.; MAC DONAGH, P.; SAWINSKI, J.; RUBILAR, R.; DONOSO, P.; FERREIRA, A.; HOEFLICH, V.; MORALES OLMOS, V.; FERREIRA, G.; BALMELLI, G.; SIRY, J.; BAEZ, M.N.; ALVAREZ, J. |
|
Afiliación : |
FREDERICK CUBBAGE, Department of Forestry and Environmental Resources, North Carolina State University, USA; PATRICIO MAC DONAGH, Universidad Nacional de Misiones (UNAM), Eldorado, Misiones, Argentina; JOSÉ SAWINSKI, Universidade do Contestado-Canoinhas, Canoinhas, Brazil; RAFAEL RUBILAR, Universidad de Concepción, Concepción, Chile; PABLO DONOSO, Universidad Austral de Chile, Valdivia, Chile; ARNALDO FERREIRA, Consultant, Forest Genetics, Los Angeles, CA, USA; VITOR HOEFLICH, Embrapa Florestas and Universidade Federal do Paraná (UFPR), Brazil Curitiba, Brazil; VIRGINIA MORALES OLMOS, University of Georgia, Athens, GA, USA; GUSTAVO ALVARO FERREIRA DE MATTOS, INIA (Instituto Nacional de Investigación Agropecuaria), Uruguay; GUSTAVO DANIEL BALMELLI HERNANDEZ, Instituto Nacional de Investigación Agropecuaria (INIA), Uruguay; JACEK SIRY, University of Georgia, Athens, GA, USA; MIRTA NOEMI BÁEZ, Universidad Nacional de Misiones (UNAM), Eldorado, Misiones, Argentina; JOSÉ ALVAREZ, CMPC Forestry, Concepción, Chile. |
|
Título : |
Timber investment returns for selected plantations and native forests in South America and the Southern United States. |
|
Fecha de publicación : |
2007 |
|
Fuente / Imprenta : |
New Forests, 2007, v. 33, no. 3, p. 237-255. DOI: https://doi.org/10.1007/s11056-006-9025-4 |
|
DOI : |
10.1007/s11056-006-9025-4 |
|
Idioma : |
Inglés |
|
Notas : |
Article history: Received: 3 April 2006 / Accepted: 15 October 2006 / Published online: 13 December 2006. |
|
Contenido : |
Timber investment returns were estimated for the principal exotic and selected native species in the Southern Cone of Latin America and in the Southern United States. Exotic eucalyptus plantations in South America were most profitable, with internal rates of returns (IRRs) ranging from 13% to 23%, followed by exotic loblolly pine, with IRRs from 9% to 17%. Average loblolly pine plantation returns in the US South were less profitable, with an IRR of about 9.5%, and natural forest management in the South had IRRs of 4% to 8%. Subtropical native species plantations of the best araucaria and nothofagus species had reasonable financial returns, with IRRs ranging from 5% to 13%. Subtropical or tropical native forests had fewer commercial timber species, and had much lower growth rates and returns.
Their IRRs were less than 4%, or even negative for unmanaged stands. State subsidy payments for forest plantations or for timber stand improvements increased IRRs
somewhat and reserving areas for environmental protection reduced their IRRs slightly. Including land costs in the cash flows decreased these internal rates of return
substantially. Natural stand returns in Latin America were much less than those of plantations, but management of those stands offered better rates of return than only
holding the land. |
|
Palabras claves : |
BIOLOGICAL AND FINANCIAL RISK; DESARROLLO TERRITORIAL; FINANCIAL ANALYSES; FOREST PLANTATIONS; LATIN AMERICA; NATIVE FORESTS; SECTOR FORESTAL-MADERERO; URUGUAY. |
|
Thesagro : |
AMERICA DEL SUR; EUCALYPTUS; FORESTACIÓN; INVERSIONES; MADERA. |
|
Asunto categoría : |
K10 Producción forestal |
|
URL : |
http://www.ainfo.inia.uy/digital/bitstream/item/3570/1/New-Forests2007v33n3p237-255.pdf
|
|
Marc : |
LEADER 02683naa a2200445 a 4500
001 1051160
005 2020-09-15
008 2007 bl uuuu u00u1 u #d
024 7 $a10.1007/s11056-006-9025-4$2DOI
100 1 $aCUBBAGE, F.
245 $aTimber investment returns for selected plantations and native forests in South America and the Southern United States.
260 $c2007
500 $aArticle history: Received: 3 April 2006 / Accepted: 15 October 2006 / Published online: 13 December 2006.
520 $aTimber investment returns were estimated for the principal exotic and selected native species in the Southern Cone of Latin America and in the Southern United States. Exotic eucalyptus plantations in South America were most profitable, with internal rates of returns (IRRs) ranging from 13% to 23%, followed by exotic loblolly pine, with IRRs from 9% to 17%. Average loblolly pine plantation returns in the US South were less profitable, with an IRR of about 9.5%, and natural forest management in the South had IRRs of 4% to 8%. Subtropical native species plantations of the best araucaria and nothofagus species had reasonable financial returns, with IRRs ranging from 5% to 13%. Subtropical or tropical native forests had fewer commercial timber species, and had much lower growth rates and returns. Their IRRs were less than 4%, or even negative for unmanaged stands. State subsidy payments for forest plantations or for timber stand improvements increased IRRs somewhat and reserving areas for environmental protection reduced their IRRs slightly. Including land costs in the cash flows decreased these internal rates of return substantially. Natural stand returns in Latin America were much less than those of plantations, but management of those stands offered better rates of return than only holding the land.
650 $aAMERICA DEL SUR
650 $aEUCALYPTUS
650 $aFORESTACIÓN
650 $aINVERSIONES
650 $aMADERA
653 $aBIOLOGICAL AND FINANCIAL RISK
653 $aDESARROLLO TERRITORIAL
653 $aFINANCIAL ANALYSES
653 $aFOREST PLANTATIONS
653 $aLATIN AMERICA
653 $aNATIVE FORESTS
653 $aSECTOR FORESTAL-MADERERO
653 $aURUGUAY
700 1 $aMAC DONAGH, P.
700 1 $aSAWINSKI, J.
700 1 $aRUBILAR, R.
700 1 $aDONOSO, P.
700 1 $aFERREIRA, A.
700 1 $aHOEFLICH, V.
700 1 $aMORALES OLMOS, V.
700 1 $aFERREIRA, G.
700 1 $aBALMELLI, G.
700 1 $aSIRY, J.
700 1 $aBAEZ, M.N.
700 1 $aALVAREZ, J.
773 $tNew Forests, 2007$gv. 33, no. 3, p. 237-255. DOI: https://doi.org/10.1007/s11056-006-9025-4
Descargar
Esconder MarcPresentar Marc Completo |
|
Registro original : |
INIA Tacuarembó (TBO) |
|
