Economic Analyses of rubber and tea plantations and rubber-tea intercropping in Hainan, China

This study uses land expectation value (LEV) as a criterion to conduct economic analyses of natural rubber (Hevea brasiliensis) and tea (Camellia sinensis var. assamica) monoculture, and rubber-tea intercropping. We calculated LEV by using the Faustmann model that combines annual revenue flow from l...

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Veröffentlicht in:Agroforestry systems 2006-02, Vol.66 (2), p.117-127
Hauptverfasser: ZHIMEI GUO, YAOQI ZHANG, DEEGEN, Peter, UIBRIG, Holm
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creator ZHIMEI GUO
YAOQI ZHANG
DEEGEN, Peter
UIBRIG, Holm
description This study uses land expectation value (LEV) as a criterion to conduct economic analyses of natural rubber (Hevea brasiliensis) and tea (Camellia sinensis var. assamica) monoculture, and rubber-tea intercropping. We calculated LEV by using the Faustmann model that combines annual revenue flow from latex production with final timber harvest of rubber trees. Production and cost data were collected from Xinwei Farm in Hainan, China. We found that rubber-tea intercropping generated higher LEV than rubber and tea monoculture under current socio-economic circumstances. Sensitivity analysis has been conducted to examine the impacts on land expectation value by interest rate, prices of natural rubber and tea, and labor costs.[PUBLICATION ABSTRACT]
doi_str_mv 10.1007/s10457-005-4676-2
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subjects Agricultural practices
Agronomy. Soil science and plant productions
Biological and medical sciences
Camellia sinensis
Cropping systems. Cultivation. Soil tillage
Economics
Fundamental and applied biological sciences. Psychology
General agronomy. Plant production
Generalities. Cropping systems and patterns
Hevea brasiliensis
Intercropping
Latex
Monoculture
Rubber
Rubber trees
Sensitivity analysis
Studies
title Economic Analyses of rubber and tea plantations and rubber-tea intercropping in Hainan, China
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