Factors Influencing Farm Profitability

Tey, Yeong Sheng; Brindal, Mark

doi:10.1007/978-3-319-09132-7_5

Cited by 23 publications

(21 citation statements)

References 23 publications

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“…Le moindre recours à ces intrants favorise une réduction des coûts de production et donc une amélioration de la performance économique. L'influence positive de la taille des exploitations pourrait s'expliquer par des économies d'échelle pouvant survenir avec les grandes exploitations et favorisant ainsi une réduction des coûts de production (Tey et Brindal, 2014) et donc une amélioration du profit. Il faut également noter qu'une meilleure fertilité des sols favorise une meilleure productivité et donc une amélioration du niveau de la production.…”

Section: Discussionunclassified

“…Les producteurs âgés ayant accumulés l'expérience au fil du temps. Ainsi, les producteurs âgés sont susceptibles de mieux gérer leur exploitation et d'avoir une meilleure performance financière (Tey et Brindal, 2014). Toutefois, Foltz et Lang, (2003) ont trouvé une influence négative de cette variable sur le profit.…”

Section: Analyse De La Relation Entre L'efficience Environnementale Eunclassified

“…Il est alors attendu un signe positif de cette variable.Taille de l'exploitation : Elle est supposée avoir une influence positive sur la performance économique. En effet, des économies d'échelle peuvent survenir avec les grandes exploitations et favoriser une réduction des coûts de production(Tey et Brindal, 2014) et donc une amélioration du profit. A ce facteur, ces auteurs ajoutent la facilité d'accès au financement qui améliore le niveau d'investissement de ces exploitations.…”

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Environmental Efficiency and Economic Performance of Cotton Production in Benin: What Relationship?

Bonou-zin¹,

Allali²,

Fadlaoui³

et al. 2019

JAES

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Since the Rio Earth Conference in 1992, particular attention has been paid to environmental sustainability. Different strategies are then put in place in various areas of activity to reduce environmental impacts and improve environmental performance. This study then aims to analyze the relationship between environmental efficiency and the economic performance of cotton production in Benin. The study was conducted with 355 cotton producers (175 conventional and 180 organic) randomly selected in northern Benin. Indicators to measure economic performance are s are gross margin per hectare, capital and labor productivity. Data analysis were performed by using the Spearman correlation coefficient and linear regression. Findings show that there is a positive and significant relationship between environmental efficiency and economic performance indicators listed above. Results provide insightful information to producers and policy-makers regarding the importance of integrating environmental objectives into production decisions. In addition, improvement in capacity building of producers through environmental awareness and education is then essential for a better integration of sustainable technologies that reduce the level of pollution in the production process in order to promote sustainable development.

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Section: Discussionunclassified

Section: Analyse De La Relation Entre L'efficience Environnementale Eunclassified

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Environmental Efficiency and Economic Performance of Cotton Production in Benin: What Relationship?

Bonou-zin¹,

Allali²,

Fadlaoui³

et al. 2019

JAES

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show abstract

“…In literature, many factors have been found to be significant in explaining the farm profitability. (Tey and Brindal (2015) found that these factors related to management and financial capacity, farm resource quality and operations, farm and financial management and skills. Meanwhile, Lan et al (2018) argued that the different profitability could be relied on crop typologies, input access and prices, households types and local context.…”

Section: Econometric Analysismentioning

confidence: 99%

“…The farm profit inspires farmers to expand or leave the agriculture (Tey and Brindal, 2015). We utilize a technique to examine differences in the level of farm profitability among two groups of successes and un-prosperous farms.…”

Section: Factors Impacting the Change In Profitability Of The Two Farmentioning

confidence: 99%

Recent Evolution of Perennial Crop Farms: Evidence from Dak Lak Province, Vietnam

Thuy¹,

Niem²,

Lebailly³

2020

AOL

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There is a great consensus about the crucial role of perennial crops in an agricultural economy of a country. The paper aims (1) to identify the differences in the costs and profits of perennial crops produced by two study groups, a group producing coffee (GpC) and a group producing pepper (GpP) over two crop years 2016/2017-2017/2018; (2) evaluate the evolution of the economic performance of each group during two years; and (3) examine factors influencing the farm profitability. By using the mixed data from a household survey conducted in three sub-regions of Dak Lak province, Vietnam, a financial verification is used to explore the economic incentives between two groups and a discriminant analysis is undertaken to classify the determinants of the farm profitability. The results perform that the GpC is generally lower input costs and economic benefits than the GpP. The decrease of economic indicators of the GpP during two years, meanwhile, is more significant than that of the GpC in the same period. In addition, the GpP is likely to invest more inputs, heavily use chemical cost, be more susceptible to pests and diseases, and the volatile market conditions in comparison to the GpC. Categorically, the variable cost and reduction rate in terms of valueadded, net farm income (NFI), profit, labor productivity, and the ratio of NFI to family labor of the GpC have lower than those of the GpP, respectively, during two years. Furthermore, in similarly conditional practices, the perennial crop farms generate different returns depending on experience, training, other income, and gross outputs. The findings provide information for farmers to make accurate decision about coffee and pepper farms production as recommended by reducing the quantity of fertilizers, allocating resources and diversifying crop systems. Additionally, the empirical results also offer policymakers the farms sustainable development at local and national levels. Going forward, authors suggest these factors be considered in the future.

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Small farms in North Carolina, United States: Analyzing farm and operator characteristics in the pursuit of economic resilience and sustainability

Quaicoe

Asiseh

Baffoe-Bonnie

et al. 2023

Applied Eco Perspectives Pol

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Ensuring the sustainability of small farms relies on understanding farm economics, a crucial yet often overlooked aspect. In North Carolina, many small farms are confronted with financial challenges and the risk of collapse. This study examines the factors that influence farm profitability while considering the intersectionality of race and gender. The findings reveal significant disparities in farm and operator characteristics. Specifically, first‐generation and retiree farmers exhibit a lower likelihood of profitability. Conversely, factors positively associated with profitability include owning larger farm acreage, engaging in commercial agricultural production, utilizing paid family labor, practicing full‐time farming, and being a non‐White minority farmer. To foster the sustainability of small farms, it is imperative to implement policies that support full‐time farming and incentivize the use of paid family labor. These measures can contribute to bolstering profitability and safeguarding the economic viability of small farms.

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Factors Influencing Farm Profitability

Cited by 23 publications

References 23 publications

Environmental Efficiency and Economic Performance of Cotton Production in Benin: What Relationship?

Environmental Efficiency and Economic Performance of Cotton Production in Benin: What Relationship?

Recent Evolution of Perennial Crop Farms: Evidence from Dak Lak Province, Vietnam

Small farms in North Carolina, United States: Analyzing farm and operator characteristics in the pursuit of economic resilience and sustainability

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