More Information

A method for comparing investment returns from major rural land uses including forestry

Authors: David Evison
Publication: New Zealand Journal of Forestry, Volume N.Z.J.For. 2008, Issue N.Z.J.For. 53(3) 2008, pp 27-32, Nov 2008
Publisher: New Zealand Institute of Forestry

Abstract: Changes in rural land use are a common occurrence in New Zealand. These changes enhance returns to land owners, create new downstream industries, and stimulate the entry of new capital and skills. Readily-available information to understand and compare investment returns from alternative land uses encourages this type of beneficial innovation. This paper considers three obstacles to comparing financial returns from forestry with other land uses.