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Comparing the profitability of farming and forestry
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Abstract
This paper updates an analysis of returns from major productive land uses in New Zealand carried out in 2008. Trends in profitability over time are shown, and a preliminary investigation of the relationship between land-use change towards forestry (new land planting) and forestry profitability is described.Profitability, farming, forestry, land use, land-use change, Agricultural and Food Policy, Community/Rural/Urban Development, Crop Production/Industries, Environmental Economics and Policy, Farm Management, Land Economics/Use, Livestock Production/Industries,