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

dc.contributor.authorMudavanhu, Shepherd
dc.contributor.authorBlignaut, James Nelson
dc.contributor.authorVink, N.
dc.contributor.authorCrookes, D.J. (Douglas)
dc.contributor.authorMeincken, Martina
dc.contributor.authorEffah, Bernard
dc.contributor.authorMurima, Douglas
dc.contributor.authorNkambule, Nonophile Promise
dc.date.accessioned2018-04-23T07:02:49Z
dc.date.available2018-04-23T07:02:49Z
dc.date.issued2017-12
dc.description.abstractAcacia 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.departmentEconomicsen_ZA
dc.description.librarianam2018en_ZA
dc.description.sponsorshipThe Department of Environmental Affairs (DEA) and the Working for Water programme.en_ZA
dc.description.urihttp://www.aaae-africa.org/afjareen_ZA
dc.identifier.citationMudavanhu, 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.issn1993-3738
dc.identifier.urihttp://hdl.handle.net/2263/64685
dc.language.isoenen_ZA
dc.publisherAfrican Association of Agricultural Economistsen_ZA
dc.rightsAfrican Association of Agricultural Economistsen_ZA
dc.subjectAcacia saligna (Port Jackson)en_ZA
dc.subjectCost-benefit analysisen_ZA
dc.subjectSystem dynamics modellingen_ZA
dc.subjectRecycled thermoplasticsen_ZA
dc.subjectInvasive alien plantsen_ZA
dc.subjectWood polymer composite (WPC)en_ZA
dc.titleAn 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 Africaen_ZA
dc.typeArticleen_ZA

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