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Scientia Silvae Sinicae ›› 2007, Vol. 43 ›› Issue (06): 128-133.doi: 10.11707/j.1001-7488.20070623

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Evaluation of Investment Economic Revenue and Confirmation of the Best Economic Cutting Cycle of Industrial Raw Material Forest Eucalyptus

Huang Heliang1,Wu Jingxian2,Xu Shaohong2,Wang Xiaomei3,Cao Hui1   

  1. 1. Economics and Management College of Fujian Agriculture and Forestry University Fuzhou 350002;2.Fujian Yong'an Forestry Co.,Ltd Yong'an 366000; 3. Commission of Foresty of Fujian Province Fuzhou 350003
  • Received:2006-01-19 Revised:1900-01-01 Online:2007-06-25 Published:2007-06-25

Abstract:

This research based on the analyzing relevant researches, using the net present value (NPV) index and inner revenue ratio index (IRR) to research the industrial raw material forest Eucalyptus that was invested and managed by Yong'an Forestry Group of Fujian. Results showed that the best economic cutting cycle of eucalyptus was 7 years. And it had gotten huge economic effect. Its NPV reached 5 718.50 yuan5hm-2, and IRR added up to 18.09% per year. The result still indicated that the investment risk in the industrial raw material forest of eucalyptus was huge. The biggest influence factor was timber price and cutting cost. When the price of timber droped by 10%, IRR reduced by 31.09%; when cutting cost increased by 10%, IRR droped by 14.93%.

Key words: industrial raw material forest of the Eucalyptus, the best economic cutting cycle, economic benefit, the risk assessment