2022
DOI: 10.3390/land11050642
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Financial Analysis of the Use of Land: Agriculture or Woodlot

Abstract: Agriculture is the main driver of deforestation. In other to reduce deforestation, a viable alternative livelihood strategy, aside from agriculture, must be in place to provide a sustainable income for investors. Managing forests for sustainable production (the forest economy) has been suggested as an alternative for sustainable land use practice. In the current study, we undertook a comparative analysis of woodlots and agriculture. The profitability of agriculture and woodlot production in Ghana was compared … Show more

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Cited by 2 publications
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“…The BCR is the ratio of the present value of the benefit streams generated by an investment divided by the present value of the cost streams, as expressed in Equation ( 4). An investment is considered economically feasible when the BCR is greater than 1 [32][33][34]. The economic evaluation indices were calculated based on the experience data of on-site installation and operation of an automatic irrigation system.…”
Section: Field Applicability Evaluationmentioning
confidence: 99%
“…The BCR is the ratio of the present value of the benefit streams generated by an investment divided by the present value of the cost streams, as expressed in Equation ( 4). An investment is considered economically feasible when the BCR is greater than 1 [32][33][34]. The economic evaluation indices were calculated based on the experience data of on-site installation and operation of an automatic irrigation system.…”
Section: Field Applicability Evaluationmentioning
confidence: 99%