文章基本信息

标题：Financial Analysis of the Use of Land: Agriculture or Woodlot
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作者：Jacqueline Ninson ; Irene S. Egyir ; Akwasi Mensah-Bonsu 等
期刊名称：Land
印刷版ISSN：2073-445X
出版年度：2022
卷号：11
期号：5
页码：642
DOI：10.3390/land11050642
语种：English
出版社：MDPI, Open Access Journal
摘要：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 using a profitability model. We looked at profitability in terms of Net Present Value (NPV) and the Benefit-Cost Ratio (BCR) of three regions in Ghana, namely, Ashanti, Bono-East, and Western Regions. We found that woodlot producers with contractual relationships with the Forest Commission and other forestry companies produce the highest Net Present Value (NPV) and Benefit-Cost Ratio (BCR). However, this profitability is marginally higher than that of agriculture, which gives a fixed yearly return. This means woodlot production may not be a panacea to reducing agriculture in Ghana.