2015
DOI: 10.1590/0100-2945-257/14
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Citriculture Economic and Financial Evaluation Under Conditions of Uncertainty

Abstract: -The citriculture consists in several environmental risks, as weather changes and pests, and also consists in considerable financial risk, mainly due to the period of return on the initial investment. This study was motivated by the need to assess the risks of a business activity such as citriculture. Our objective was to build a stochastic simulation model to achieve the economic and financial analysis of an orange producer in the Midwest region of the state of Sao Paulo, under conditions of uncertainty. The … Show more

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Cited by 8 publications
(18 citation statements)
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References 22 publications
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“…Five risks (in decreasing order of importance) showed up clearly from the results (Table 2): climatic events, sale prices, yield, amount to market and variability in currency exchange rate. The ranking of sources of risk in decreasing order shows that, as suggested by the most recent literature, the growers consider the climatic events as the most important source of risk (MARTIN, 1996;GREINER et al, 2008;KUNDZEWICZ;OLESEN et al, 2011;SMRKULJ;NJAVRO, 2016;SULEWSKI;KŁOCZKO-GAJEWSKA, 2014). The sources of risk that the growers perceive as the most important ones are also consistent with the international experience.…”
Section: Perception Of Sources Of Risksupporting
confidence: 78%
See 1 more Smart Citation
“…Five risks (in decreasing order of importance) showed up clearly from the results (Table 2): climatic events, sale prices, yield, amount to market and variability in currency exchange rate. The ranking of sources of risk in decreasing order shows that, as suggested by the most recent literature, the growers consider the climatic events as the most important source of risk (MARTIN, 1996;GREINER et al, 2008;KUNDZEWICZ;OLESEN et al, 2011;SMRKULJ;NJAVRO, 2016;SULEWSKI;KŁOCZKO-GAJEWSKA, 2014). The sources of risk that the growers perceive as the most important ones are also consistent with the international experience.…”
Section: Perception Of Sources Of Risksupporting
confidence: 78%
“…The biological and climatic nature of the agricultural production implies that the growers operate in an environment of greater risk and uncertainty than other economic activities (AĞIR et al, 2015;ULLAH et al, 2015a). This could compromise economic viability of the crops (SIMÕES et al, 2015). In fact, according to ULLAH et al (2015b), weather is an important production factor in agriculture and this production factor can hardly be controlled.…”
Section: Introductionmentioning
confidence: 99%
“…Segundo Simões et al (2015), a cultura de laranja começa a produzir, de forma crescente, no terceiro ano após o plantio. Isso implica na necessidade de investimentos para manter o pomar do primeiro ao terceiro ano e de um capital de giro médio a ser utilizado a partir do quarto ano.…”
Section: Provisões De Recursosunclassified
“…Em se tratando de custos, foram computados os mesmos desembolsos considerados por Simões et al (2015), intrínsecos à qualquer empreendimento de laranja, como despesas administrativas, salários (com encargos), herbicidas, manutenção de máquinas, combustível, etc. e que refletem o custeio da atividade.…”
Section: Receitas Custos E Lucro Operacional Do Projeto (A Partir Dounclassified
“…Furthermore, phenological data can also be used to help predict interannual changes in tree phenology (PETRI et al, 2008). Thus, knowledge of the timing of phenological events and their variability can help producers obtain more stable crop yields and quality, thereby reducing environmental risks (GARIGLIO et al, 2012;SIMÕES et al, 2015).…”
Section: Introductionmentioning
confidence: 99%