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Economic Analyses of Rubber and Tea Plantations and Rubber-tea Intercropping in Hainan, China

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Abstract

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.

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Authors and Affiliations

  1. Hainan General Reclamation Bureau, Haikou, Hainan, 572000, China

    Zhimei Guo

  2. School of Forestry and Wildlife Sciences, Auburn University, AL, 36849-5418, USA

    Yaoqi Zhang

  3. Institute of Forest Economics and Forest Management, Dresden University of Technology, Tharandt, Germany

    Peter Deegen

  4. Institute of International Forestry and Forest Products, Dresden University of Technology, Tharandt, Germany

    Holm Uibrig

Authors
  1. Zhimei Guo
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  2. Yaoqi Zhang
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  3. Peter Deegen
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  4. Holm Uibrig
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Correspondence to Yaoqi Zhang.

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Guo, Z., Zhang, Y., Deegen, P. et al. Economic Analyses of Rubber and Tea Plantations and Rubber-tea Intercropping in Hainan, China. Agroforest Syst 66, 117–127 (2006). https://doi.org/10.1007/s10457-005-4676-2

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  • DOI: https://doi.org/10.1007/s10457-005-4676-2

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