This study examines the efficiency performance of the industrial timber plantation in Indonesia using panel data from 1994 to 1998. Thirty-two companies from four provinces were involved in this study. Empirical results from the stochastic frontier model showed that the level of…
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In 1990, The International Tropical Timber Organization (ITTO) adopted an objective to bring all tropical timber production to sustainable levels by the year 2000. To achieve the conservation objective, producers need to regulate harvests from their historical levels. The two ma…