Scientific paper

Determination of the Long-term Profitability of Forestry Projects

Published in: South African Forestry Journal
Volume 159, issue 1, 1991 , pages: 61–63
DOI: 10.1080/00382167.1991.9630396
Author(s): H.J.E UysDepartment of Forest Science,, J.H. NelDepartment of Water Affairs and Forestry,

Abstract

A planned forestry project which appears to be profitable for one rotation will not necessarily be profitable in the long term. It can change to an unprofitable project after a number of profitable rotations. Sustained profitability will depend on the pattern of real or relative price changes.

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