ESTIMATING THE ECONOMIC EFFICIENCY OF MEDICINAL CROPS
Medicinal plants have an important economic potential but which is not capitalized at fair value, so farmers choose certain crops that have reliable market. The paper analyzes from the point of view of economic efficiency, basil, thyme, lavender and hyssop crops. In this regard, the budget of revenu...
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| Format: | Article |
| Language: | English |
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University of Agricultural Sciences and Veterinary Medicine, Bucharest
2020-01-01
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| Series: | Scientific Papers Series : Management, Economic Engineering in Agriculture and Rural Development |
| Online Access: | https://managementjournal.usamv.ro/pdf/vol.20_3/Art25.pdf |
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| author | Eduard Alexandru DUMITRU Rozi Liliana BEREVOIANU Adriana MUSCALU Cătălina TUDORA |
| author_facet | Eduard Alexandru DUMITRU Rozi Liliana BEREVOIANU Adriana MUSCALU Cătălina TUDORA |
| author_sort | Eduard Alexandru DUMITRU |
| collection | DOAJ |
| description | Medicinal plants have an important economic potential but which is not capitalized at fair value, so farmers choose certain crops that have reliable market. The paper analyzes from the point of view of economic efficiency, basil, thyme, lavender and hyssop crops. In this regard, the budget of revenues and expenditures for 2020 for these crops was estimated. For this study it was used the technical-economic analysis, determining the main economic indicators: value of production, total costs, variable costs, indirect costs, income, production cost, predictable domestic market price. |
| format | Article |
| id | doaj-art-12c832b80fce4733a4adde19b7a7b08e |
| institution | Kabale University |
| issn | 2284-7995 2285-3952 |
| language | English |
| publishDate | 2020-01-01 |
| publisher | University of Agricultural Sciences and Veterinary Medicine, Bucharest |
| record_format | Article |
| series | Scientific Papers Series : Management, Economic Engineering in Agriculture and Rural Development |
| spelling | doaj-art-12c832b80fce4733a4adde19b7a7b08e2025-08-20T03:45:19ZengUniversity of Agricultural Sciences and Veterinary Medicine, BucharestScientific Papers Series : Management, Economic Engineering in Agriculture and Rural Development2284-79952285-39522020-01-012032232281642ESTIMATING THE ECONOMIC EFFICIENCY OF MEDICINAL CROPSEduard Alexandru DUMITRURozi Liliana BEREVOIANUAdriana MUSCALUCătălina TUDORAMedicinal plants have an important economic potential but which is not capitalized at fair value, so farmers choose certain crops that have reliable market. The paper analyzes from the point of view of economic efficiency, basil, thyme, lavender and hyssop crops. In this regard, the budget of revenues and expenditures for 2020 for these crops was estimated. For this study it was used the technical-economic analysis, determining the main economic indicators: value of production, total costs, variable costs, indirect costs, income, production cost, predictable domestic market price.https://managementjournal.usamv.ro/pdf/vol.20_3/Art25.pdf |
| spellingShingle | Eduard Alexandru DUMITRU Rozi Liliana BEREVOIANU Adriana MUSCALU Cătălina TUDORA ESTIMATING THE ECONOMIC EFFICIENCY OF MEDICINAL CROPS Scientific Papers Series : Management, Economic Engineering in Agriculture and Rural Development |
| title | ESTIMATING THE ECONOMIC EFFICIENCY OF MEDICINAL CROPS |
| title_full | ESTIMATING THE ECONOMIC EFFICIENCY OF MEDICINAL CROPS |
| title_fullStr | ESTIMATING THE ECONOMIC EFFICIENCY OF MEDICINAL CROPS |
| title_full_unstemmed | ESTIMATING THE ECONOMIC EFFICIENCY OF MEDICINAL CROPS |
| title_short | ESTIMATING THE ECONOMIC EFFICIENCY OF MEDICINAL CROPS |
| title_sort | estimating the economic efficiency of medicinal crops |
| url | https://managementjournal.usamv.ro/pdf/vol.20_3/Art25.pdf |
| work_keys_str_mv | AT eduardalexandrudumitru estimatingtheeconomicefficiencyofmedicinalcrops AT rozililianaberevoianu estimatingtheeconomicefficiencyofmedicinalcrops AT adrianamuscalu estimatingtheeconomicefficiencyofmedicinalcrops AT catalinatudora estimatingtheeconomicefficiencyofmedicinalcrops |