IDEAS home Printed from https://ideas.repec.org/p/pra/mprapa/28086.html
   My bibliography  Save this paper

Economic Analysis of Forest Management in Pakistan - A Case Study of Changa Mange and Muree Forest

Author

Listed:
  • Ali Abidi, Syeda Ifrah
  • Noor, Junaid

Abstract

Increasing demand of timber along with the rising concerns towards environment create a need to analyze the management system of forests in Punjab. Both natural and planted forests are present in province of Punjab. They are different in nature and thus have different management plans. This study is conducted by taking into account major species of Changa Manga and Murree forests. Dalbergia sissoo, Morus alba, Eucalyptus camaldulensis (from Changa Manga), Pinus roxburghii and Pinus wallichiana (from Murree forest) are the species included in this study. Estimation of NPV (Net present value) and IRR (Internal rate of return) is made to determine the financial performance of management plan. Impact of Interest rate variability and one year delay in revenue is also calculated. The results show that NPV decreases with increase in interest rate and delay in revenue whereas the IRR remain same in both cases. Dalbergia sissoo, Morus alba showed most inefficient results whereas Pinus roxburghii and Pinus wallichiana gave most efficient results. Besides that the existing management plan is not efficient and there is a need of Sustainable Management Plan for forests.

Suggested Citation

  • Ali Abidi, Syeda Ifrah & Noor, Junaid, 2012. "Economic Analysis of Forest Management in Pakistan - A Case Study of Changa Mange and Muree Forest," MPRA Paper 28086, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:28086
    as

    Download full text from publisher

    File URL: https://mpra.ub.uni-muenchen.de/28086/1/MPRA_paper_28086.pdf
    File Function: original version
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Bacha, Carlos Jose Caetano & Rodriguez, Luiz Carlos Estraviz, 2007. "Profitability and social impacts of reduced impact logging in the Tapajos National Forest, Brazil -- A case study," Ecological Economics, Elsevier, vol. 63(1), pages 70-77, June.
    2. Cubbage, Frederick & Harou, Patrice & Sills, Erin, 2007. "Policy instruments to enhance multi-functional forest management," Forest Policy and Economics, Elsevier, vol. 9(7), pages 833-851, April.
    3. Ying, Zhang & Irland, LIoyd & Zhou, Xiaohong & Song, Yajie & Wen, Yali & Liu, Junchang & Song, Weimin & Qiu, Yang, 2010. "Plantation development: Economic analysis of forest management in Fujian Province, China," Forest Policy and Economics, Elsevier, vol. 12(3), pages 223-230, March.
    4. Zhou, Wenchao & Gong, Peichen, 2004. "Economic effects of environmental concerns in forest management: an analysis of the cost of achieving environmental goals," Journal of Forest Economics, Elsevier, vol. 10(2), pages 97-113, September.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Paunić, Alida, 2016. "Brazil, Preservation of Forest and Biodiversity," MPRA Paper 71462, University Library of Munich, Germany.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Ficko, Andrej & Boncina, Andrej, 2013. "Probabilistic typology of management decision making in private forest properties," Forest Policy and Economics, Elsevier, vol. 27(C), pages 34-43.
    2. Bergstén, Sabina & Stjernström, Olof & Pettersson, Örjan, 2018. "Experiences and emotions among private forest owners versus public interests: Why ownership matters," Land Use Policy, Elsevier, vol. 79(C), pages 801-811.
    3. Dragicevic, Arnaud Z., 2020. "The economics of the Sylvo-Cynegetic equilibrium," Forest Policy and Economics, Elsevier, vol. 120(C).
    4. Põllumäe, Priit & Lilleleht, Ando & Korjus, Henn, 2016. "Institutional barriers in forest owners' cooperation: The case of Estonia," Forest Policy and Economics, Elsevier, vol. 65(C), pages 9-16.
    5. Nichiforel, Liviu & Keary, Kevin & Deuffic, Philippe & Weiss, Gerhard & Thorsen, Bo Jellesmark & Winkel, Georg & Avdibegović, Mersudin & Dobšinská, Zuzana & Feliciano, Diana & Gatto, Paola & Gorriz Mi, 2018. "How private are Europe’s private forests? A comparative property rights analysis," Land Use Policy, Elsevier, vol. 76(C), pages 535-552.
    6. Sutherland, Lee-Ann & Huttunen, Suvi, 2018. "Linking practices of multifunctional forestry to policy objectives: Case studies in Finland and the UK," Forest Policy and Economics, Elsevier, vol. 86(C), pages 35-44.
    7. Cubbage, Frederick & Kanieski, Bruno & Rubilar, Rafael & Bussoni, Adriana & Olmos, Virginia Morales & Balmelli, Gustavo & Donagh, Patricio Mac & Lord, Roger & Hernández, Carmelo & Zhang, Pu & Huang, J, 2020. "Global timber investments, 2005 to 2017," Forest Policy and Economics, Elsevier, vol. 112(C).
    8. Westin, Kerstin & Bolte, Andreas & Haeler, Elena & Haltia, Emmi & Jandl, Robert & Juutinen, Artti & Kuhlmey, Katharina & Lidestav, Gun & Mäkipää, Raisa & Rosenkranz, Lydia & Triplat, Matevž & Skudnik,, 2023. "Forest values and application of different management activities among small-scale forest owners in five EU countries," Forest Policy and Economics, Elsevier, vol. 146(C).
    9. Katarina Haugen, 2016. "Contested Lands? Dissonance and Common Ground in Stakeholder Views on Forest Values," Tijdschrift voor Economische en Sociale Geografie, Royal Dutch Geographical Society KNAG, vol. 107(4), pages 421-434, September.
    10. Báliková, Klára & Šálka, Jaroslav, 2022. "Are silvicultural subsidies an effective payment for ecosystem services in Slovakia?," Land Use Policy, Elsevier, vol. 116(C).
    11. Aye Chan Ko Ko & Zhang Ying & Theint Theint Htun, 2023. "A Financial Cost-benefit Analysis of Forest Plantation for Restoration Program in Shan State of Myanmar," International Journal of Sciences, Office ijSciences, vol. 12(09), pages 35-42, September.
    12. Rolfe, John & Windle, Jill, 2015. "Multifunctional recreation and nouveau heritage values in plantation forests," Journal of Forest Economics, Elsevier, vol. 21(3), pages 131-151.
    13. Juerges, Nataly & Arts, Bas & Masiero, Mauro & Başkent, Emin Z. & Borges, José G. & Brodrechtova, Yvonne & Brukas, Vilis & Canadas, Maria João & Carvalho, Pedro Ochôa & Corradini, Giulia & Corrigan, E, 2020. "Integrating ecosystem services in power analysis in forest governance: A comparison across nine European countries," Forest Policy and Economics, Elsevier, vol. 121(C).
    14. Fortini, Lucas B. & Carter, Douglas R., 2014. "The economic viability of smallholder timber production under expanding açaí palm production in the Amazon Estuary," Journal of Forest Economics, Elsevier, vol. 20(3), pages 223-235.
    15. Primmer, Eeva & Karppinen, Heimo, 2010. "Professional judgment in non-industrial private forestry: Forester attitudes and social norms influencing biodiversity conservation," Forest Policy and Economics, Elsevier, vol. 12(2), pages 136-146, February.
    16. Zhang, Daowei & Stenger, Anne & Harou, Patrice A., 2015. "Policy instruments for developing planted forests: Theory and practices in China, the U.S., Brazil, and France," Journal of Forest Economics, Elsevier, vol. 21(4), pages 223-237.
    17. Baulenas, Eulàlia & Sotirov, Metodi, 2020. "Cross-sectoral policy integration at the forest and water nexus: National level instrument choices and integration drivers in the European Union," Forest Policy and Economics, Elsevier, vol. 118(C).
    18. Stephan Hoffmann & Dirk Jaeger & Wu Shuirong, 2018. "Adapting Chinese Forest Operations to Socio-Economic Developments: What is the Potential of Plantations for Strengthening Domestic Wood Supply?," Sustainability, MDPI, vol. 10(4), pages 1-19, April.
    19. Lee, Jongyeol & Kim, Hyungsub & Song, Cholho & Kim, Gang Sun & Lee, Woo-Kyun & Son, Yowhan, 2020. "Determining economically viable forest management option with consideration of ecosystem services in Korea: A strategy after successful national forestation," Ecosystem Services, Elsevier, vol. 41(C).
    20. Prabowo, Doni & Maryudi, Ahmad & Senawi, & Imron, Muhammad A., 2017. "Conversion of forests into oil palm plantations in West Kalimantan, Indonesia: Insights from actors' power and its dynamics," Forest Policy and Economics, Elsevier, vol. 78(C), pages 32-39.

    More about this item

    Keywords

    Forest Management; Pakistan; Economic Analysis; NPV; IRR;
    All these keywords.

    JEL classification:

    • Q23 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Forestry
    • Q57 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Ecological Economics

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pra:mprapa:28086. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Joachim Winter (email available below). General contact details of provider: https://edirc.repec.org/data/vfmunde.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.