An assessment of the costs and benefits of using Acacia saligna (Port Jackson) and recycled thermoplastics for the production of wood polymer composites in the Western Cape province, South Africa

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dc.contributor.author Mudavanhu, Shepherd
dc.contributor.author Blignaut, James Nelson
dc.contributor.author Vink, N.
dc.contributor.author Crookes, D.J. (Douglas)
dc.contributor.author Meincken, Martina
dc.contributor.author Effah, Bernard
dc.contributor.author Murima, Douglas
dc.contributor.author Nkambule, Nonophile Promise
dc.date.accessioned 2018-04-23T07:02:49Z
dc.date.available 2018-04-23T07:02:49Z
dc.date.issued 2017-12
dc.description.abstract Acacia saligna (Port Jackson) is one of the most pervasive IAPs in South Africa. The government’s control efforts have by and large not been co-financed by the private sector due to a lack of incentives. Here we develop a system dynamics model to assess the costs and benefits of using the invasive Acacia saligna for the production of wood polymer composites (WPCs). The cumulative net present value for clearing Acacia saligna and making WPCs amounts to approximately ZAR122.1 million for the baseline scenario (no WPC production), and is estimated to be ZAR144.4 million for Scenario 2 (WPC production with 20% co-financing), ZAR172.7 million for Scenario 3 (50% co-financing) and ZAR211.2 million for Scenario 4 (100% co-financing). In addition to these direct financial benefits, the control of Acacia saligna also offers benefits with respect to employment, an increase in the state’s tax revenue base, and an increase in the contribution to GDP. en_ZA
dc.description.department Economics en_ZA
dc.description.librarian am2018 en_ZA
dc.description.sponsorship The Department of Environmental Affairs (DEA) and the Working for Water programme. en_ZA
dc.description.uri http://www.aaae-africa.org/afjare en_ZA
dc.identifier.citation Mudavanhu, S., Blignaut, J.N., Vink, N. et al. 2017, 'An assessment of the costs and benefits of using Acacia saligna (Port Jackson) and recycled thermoplastics for the production of wood polymer composites in the Western Cape province, South Africa', African Journal of Agricultural and Resource Economics, vol. 12, no. 4, pp. 322-365. en_ZA
dc.identifier.issn 1993-3738
dc.identifier.uri http://hdl.handle.net/2263/64685
dc.language.iso en en_ZA
dc.publisher African Association of Agricultural Economists en_ZA
dc.rights African Association of Agricultural Economists en_ZA
dc.subject Acacia saligna (Port Jackson) en_ZA
dc.subject Cost-benefit analysis en_ZA
dc.subject System dynamics modelling en_ZA
dc.subject Recycled thermoplastics en_ZA
dc.subject Invasive alien plants en_ZA
dc.subject Wood polymer composite (WPC) en_ZA
dc.title An assessment of the costs and benefits of using Acacia saligna (Port Jackson) and recycled thermoplastics for the production of wood polymer composites in the Western Cape province, South Africa en_ZA
dc.type Article en_ZA


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