Assessing The Viability Of Future And Recently Established Exotic Forests In New Zealand
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This study examined the benefits of establishing exotic Pinus radiata forests in New Zealand. In the
first part of the study, a sensitivity analysis was carried out by using an existing afforestation data set
to identify the factors affecting the private benefit of establishing exotic forests on marginal land. In
the second part, a spatial economic framework was used to examine the private and public benefits
from forests that were established between 1996 and 2009. Results indicate that recently established
forests in less productive land provide lower private benefit but higher public benefit than forests
established in more productive land.