The economic impacts of the technological innovations introduced by the poplar development project
1995
Kocar, S. (Poplar and Fast Growing Forest Trees Research Inst., Izmit (Turkey))
In this study, financial analyses on the comparative basis were made for the conventional techniques of operations conducted in cultivating poplar nurseries and poplar plantations and also for the alternative techniques of operations newly introduced in frame of the Poplar Development Project (TKGP) in Turkey. The methods of calculating net present value (NBD), net benefit cost ratio (NFMO) and internal rate of return (IKO) were adopted for the financial analyses. Due to the higher costs of input required for newly introduced techniques of operation in poplar cultivation, comparative analyses resulted in favor of the convential techniques of operations. When compared with hybrid poplars (P: x euramericana cv. "I-214" Dode-Guinier), black poplar (P. usbekistanica cv. "Afghanica") plantations are established in much closer spacing and closer spacingsresult significant increases in the operational standard times and in plantation costs. Therefore, financial analyses gave higher values of NBD, NFMO and IKO for plantations with "I-214" poplars
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