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A financial analysis of a small scale Gmelina arborea Roxb. improvement program in Costa RicaAuthor(s): P.C. Hamilton; L.R. Chandler; A.W. Brodie; J.P. Cornelius*
Source: New Forests. 16(2): 89-99.
Publication Series: Scientific Journal (JRNL)
Station: Pacific Northwest Research Station
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DescriptionA financial analysis of a smallscale Gmelina arborea improvement program in Hojancha, Guanacaste Province, Costa Rica is described. The program consisted of a clonal seed orchard, made up of ramets of plustrees, and three progeny tests/seedling seed orchards. A 5% discount rate was used. The total discounted/compounded cost of the program was US$25423. The analysis demonstrated that this outlay would be justified at annual planting rates of between 31 ha per year (at 20% genetic gain in volume) to 125 ha per year (at 5% genetic gain) over the 20year life of the orchard. These results demonstrate that the implementation of such smallscale, locallybased programs by communitybased or locallyorientated organizations may often be justifiable.
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CitationHamilton, P.C.; Chandler, L.R.; Brodie, A.W.; Cornelius, J.P. 1998. A financial analysis of a small scale Gmelina arborea Roxb. improvement program in Costa Rica. New Forests. 16(2): 89-99. https://doi.org/10.1023/A:1006514723648.
KeywordsCentral America, smallholder forestry, genetic improvement, seed orchards
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