Financial and economic analyses of rice based production systems in lowlands in South Benin
Journal Title: Journal of Agricultural and Crop Research - Year 2016, Vol 4, Issue 9
Abstract
This paper aims to make a financial and economic analysis of rice based production subsystems of Houéyogbé and Dogbo districts. The data used for the study were collected from 104 randomly selected producers in the two districts. The variables costs, the gross margin and net margin are the indicators used for this financial analysis; the economic profit was calculated to value the economic profitability of these subsystems. Five subsystems of rice based production associated with vegetables were identified in lowlands. Among these subsystems, the subsystem rising water level rice and falling water level crincrin (Corchorus tridens) is the most financially profitable and the subsystem rising water level rice and falling water level pepper is the most economically profitable. On the other hand, the subsystem rising water level rice and falling water level tomato is the least financially and economically profitable in all the lowlands. Given the greater profitability values in non-developed lowland of Houinga, it is unlikely that the development of lowland alone will lead to improved farmers’ income; formulation of good promotion policies and efficient utilization might also be of great importance. The development of tomato conservation technique will help to improve its financial and economic profitability.
Authors and Affiliations
Patrice Y. Adegbola, Souleimane A. Adekambi, Moussabihatou R. Saloufou, Ousmane Coulibaly, Sounkoura Adetonah, Joël Huat
Keywords
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