| Journal: |
مجلة الاقتصاد الزراعي والعلوم الاجتماعية
كلية الزراعة، جامعة المنصورة
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Volume: |
15
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| Abstract: |
Horticultural crops have an important role in agricultural production in Egypt, and Dakahlia Governorate is considered one of the first governorates of relative importance in the cultivation and production of persimmons, as the fruitful area of the persimmon crop is about 1,136 acres, with a relative importance of about 52.89% of the total area of persimmons in the Republic. The problem lies in the small cultivated area of persimmons in Egypt, as persimmons are grown in a limited number of governorates because farmers are not willing to invest in them. The study aims to measure the impact of technical, production and economic variables on investment efficiency indicators in persimmon orchards. The study reached several results, the most important of which are: The total net cash flows for persimmon farms according to the planting date, early planting and late planting, amounted to about L.E. 2.23 and 2.86 million, respectively. The internal rate of return for early-planting and late-planting persimmon farms reached about 44% and 48%, which is a high rate that far exceeds the interest rate in commercial banks. The present value of net wealth (cash flows) for early-planting persimmon farms was about L.E. 762,355 thousand, and for late-planting persimmon farms, about L.E. 1.01 million. The benefit-to-cost ratio for early-planting persimmon farms was about 3.69, which indicates that every pound spent generates total benefits estimated at about L.E. 3.69, and for late-planting farms it was about 4.58, which indicates that every pound spent generates total benefits estimated at about L.E. 4.58. The persimmon farming business can recover capital in less than 3 years. Therefore, the study recommends the necessity of expanding the cultivation of persimmon fruit due to the high values of various indicators of return on investment.
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