This thesis considers the likelihood of the recently trialled Australian tree species being adopted by industrial and farm forest growers in the Philippines. While predominantly a study in forestry economics, the thesis also has a substantial focus on statistical modelling of forest yield and on technology transfer to developing countries. The assessment is based on three factors believed to be slowing the diffusion of Australian forestry technology: (i) uncertainty surrounding potential yields of the Australian tree species; (ii) uncertainty with regard to the financial profitability of the Australian species; and (iii) the social, institutional and other constraints to the adoption of new forestry technologies.
Chapman-Richards nonlinear panel data yield models are developed for selected Australian species being grown in the Philippines. An existing forestry financial model is adapted to suit the operating environment of the Philippines, and the Chapman-Richards yield models are integrated with the financial model. Thorough consideration of financial profitability, and the social, institutional and other constraints, leads to the conclusion that Filipino farmers are unlikely to adopt the Australian species without considerable outside assistance. Conversely, the Australian species, Acacia mangium, is found to have excellent industrial forestry potential and is likely to be adopted.