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277865

An economic analysis of honeybee farms in Sohag governorate

Article

Last updated: 22 Jan 2023

Subjects

-

Tags

Social Sciences

Abstract

The activity of beekeeping is one of the areas that can contribute significantly to the movement of economic and social development, through its contribution of food and medical products, as well as creating job opportunities. The value of honey production amounted to about 217 million pounds, representing about 0.11 % of the total value of animal production, and it represented about 4.20% of the value of agricultural production in 2019. The research aimed to study the current situation of honeybee apiaries, estimate the productive and economic efficiency and financial feasibility of honey production apiaries and identify the most important problems facing honey producers in Sohag Governorate. By studying the production functions of the total research sample, it was found that there is a direct relationship between the quantity of production and each of the number of cells and the number of years of experience, and the coefficient of determination (R2) reached about 0.98, which indicates that about 98% of the changes in production are explained by the elements of the number of cells and years of experience. The model was statistically significant at the level of significance (0,01), and the total elasticity of the function was about (1,32), which means the dominance of the relationship of increasing return on production capacity. By studying the feasibility of the bee honey production projects for the total sample, it was found that the internal rate of return amounted to about 23.51%, and the payback period amounted to about 4.25 years. This is because the opportunity expense is less than the value of the internal rate of return for each.

DOI

10.21608/ajar.2022.277865

Keywords

economic analysis, Production Efficiency, honey production, Project Feasibility Study

Authors

First Name

A. A.

Last Name

Abd EL- Moneim

MiddleName

-

Affiliation

Department of Agricultural Economics, Faculty of Agriculture, Al-Azhar University, Assiut, Egypt

Email

balegh2020@azhr.edu.eg

City

-

Orcid

-

Volume

47

Article Issue

2

Related Issue

38609

Issue Date

2022-12-01

Receive Date

2022-09-01

Publish Date

2022-12-04

Page Start

286

Page End

298

Print ISSN

1110-1563

Online ISSN

2786-0051

Link

https://ajar.journals.ekb.eg/article_277865.html

Detail API

https://ajar.journals.ekb.eg/service?article_code=277865

Order

25

Type

Original Article

Type Code

929

Publication Type

Journal

Publication Title

Al-Azhar Journal of Agricultural Research

Publication Link

https://ajar.journals.ekb.eg/

MainTitle

-

Details

Type

Article

Created At

22 Jan 2023