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has been cited by the following article:

• TITLE: Effects of Silvicultural Alternatives on Model-Based Financial Evaluation of Teak (Tectona grandis L.) Farm Forestry Management for Small-Scale Farmers in Northeast Thailand

  AUTHORS: Iwao Noda, Woraphun Himmapan

  KEYWORDS: Teak Farm Forestry, Site Quality, Rotation, Spacing, Discounted Cash Flow

  JOURNAL NAME: Open Journal of Forestry, Vol.4 No.5, October 29, 2014

  ABSTRACT: Teak (Tectona grandis L.) plantation management is said to be profitable, but small-scale farmers with teak plantations need to find appropriate and effective choices for plantation management because of their small plots. There have been few studies on how combinations of site quality, rotation and plant spacing affect financial evaluations of teak plantation management quantitatively. In this study, we introduced the yield table for teak plantations in Northeast Thailand, and investigated the effects of site quality with rotation (15-year and 20-year) and spacing (2 m × 4 m and 4 m × 4 m) on the financial evaluation of teak plantation management using discounted cash flow analysis. The equivalent annual incomes (EAI) and benefit/cost ratios (BCR) were negative and