Evaluation of economic efficiency of the orchards investment project with respect to the risk

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Continuous elimination of the acreage of orchards in Slovakia has a negative impact on the overall fruit production. Improvement of the conditions could be achieved by introducing new technological systems into orchards and supporting the measures motivating farmers. Three investment strategies for planting apple orchards are presented in the paper: slim spindle, high density and extended orchards. Economic efficiency of the systems is evaluated through the return of investment, net current value and inner profit percentage. Within the assumption of the objective evaluation of input parameters, we can expect an acceptable economic efficiency of the investment only in the “slim spindle” technological system. The simplified deterministic evaluation of economic efficiency is further deepened with the identification of the relevant risk factors, followed by its quantification by the simulation processes. Taking the risk into account leads to a significant decrease of the economic attractiveness of investments. … full description

Bibliographic Details

Main Author

Zlata Sojková

Other Authors

Izabela Adamičková

Document Type

Articles

Physical Description

10 il.

Published in

Agricultural Economics. -- ISSN 0139-570X. -- Roč. 57, č. 12 (2011), s. 600-608

Subjects

ORCHARDS

FIELD SIZE

FRUIT TREES

APPLES

FRUITS

PRODUCTION ECONOMICS

INVESTMENT

FARM INPUTS

FRUIT GROWING

ovocné sady

velikost pole

ovocné stromy

jablka

ovoce

ekonomika výroby

investice

výrobní vstupy

ovocnářství

pěstování ovoce > produkce ovoce

Item Description

5 tabulek, 5 grafů

Bibliography

Bibliografie na s. 608 (10 zázn.)