Cost and Benefit Analysis of Smallholder Pepper Production Systems
| Autor: | O. C. Ajewole, O. J. Ayodele, E. O. Alabi |
|---|---|
| Rok vydání: | 2016 |
| Předmět: |
0106 biological sciences
Cost–benefit analysis Agroforestry 04 agricultural and veterinary sciences Plant Science 01 natural sciences CAPSICUM SPP Gross margin 040501 horticulture Supply and demand Agricultural science Incentive Pepper Profitability index Arable land 0405 other agricultural sciences Agronomy and Crop Science 010606 plant biology & botany Mathematics |
| Zdroj: | International Journal of Vegetable Science. 22:402-408 |
| ISSN: | 1931-5279 1931-5260 |
| Popis: | The economic potential of smallholder pepper (Capsicum spp.) production needs clarification. A study was carried out with 60 farmers randomly selected from three districts of Ekiti State, Nigeria, to determine the cost-benefit ratio and feasibility of the practice. Frequency counts and percentages, means, and ranges of values were used to analyze the data and profitability. Pepper production was determined with gross margin and cost-benefit ratio. Most respondents were men, with an average age 42 years old, and most had at least formal primary education. Mean farm size was 0.09 ha and farmers averaged ~12 years’ experience in pepper production. With a low yield (2.79 Mt·ha−1) and cost of ₦165,478.00·ha−1 (N is Naira, Nigerian currency, US$1 = N183) to produce with a gross margin of ₦272,175.22·ha−1, the benefit-cost ratio was 1.64. This profitability, compatibility with other arable crops in mixtures, low disease and pest problems, and high market demand provide incentives for pepper production. I... |
| Databáze: | OpenAIRE |
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