%0 Article
%T Profitability of establishing Eucalyptus globulus plantations in the Central Highlands of Ethiopia.
%A Pohjonen, Veli
%A Pukkala, Timo
%D 1988
%J Silva Fennica
%V 22
%N 4
%R doi:10.14214/sf.a15520
%U https://silvafennica.fi/article/5363
%X <p>The economic analysis is based on computer simulations which covered a seedling rotation and three successive coppice rotations. Calculations were carried out for the four site productivity classes in <em>Eucalyptus globulus</em> plantations. The rotation length that maximized the land expectation value is 12–20 years for seedling rotation and 8–16 years for coppice rotations with discounting rates 2–8%. The mean wood production is over 40 m<sup>3</sup>/ha/a in the best site class and about 10 m<sup>3</sup>/ha/a in the poorest class with rotation lengths ranging from 10 to over 20 years. Thinnings increase the wood production and land expectation value by a few percentage points. In areas suitable to <em>Eucalyptus globulus</em> growth, the land expectation value is considerably higher in forestry than in agriculture, except in very poor areas or with very high rate of interest.</p>
<p>The PDF includes an abstract in Finnish.</p>