Financial Assessment of a new Soil Heating Technology for Off-season Asparagus Production
- 1 Mediterranean Agronomic Institute, PO Box 85,731 00 Chania, Greece
- 2 Department of Agricultural Economics, Aristotle University of Thessaloniki P.O. Box 225, 541 24 Thessaloniki, Greece
- 3 gricultural Economics and Policy Research Institute, 5 Parthenonos str., 141 21 Neo Iraklio, Athens, Greece
- 4 Agricultural Research Center of Northern Greece, P.O. Box 312, 570 01 Thermi, Thessaloniki, Greece
Abstract
The financial effectiveness of a soil heating system placed under the crowns in each raised bed (UCR) of Asparagus plants (Asparagus officinalis L.) was evaluated and then compared with a traditional greenhouse production system (TPS), a plastic greenhouse without any heating system, in northern Greece. Several appraisal approaches, such as net present value, net present value adjusted for inflation and benefit/cost ratio, were used to evaluate the effectiveness of UCR system for off-season Asparagus production. Results demonstrate the importance of UCR system in terms of volume of production, gross returns and overall effectiveness. Finally, the performed sensitivity analysis indicates that product price variations alter the accrued benefits.
DOI: https://doi.org/10.3844/ajabssp.2006.6.9
Copyright: © 2006 A. Luce, K. Mattas, I. Tzouramani, G. Paroussi, E. Tsakiridou and E. Raptou. This is an open access article distributed under the terms of the
Creative Commons Attribution License, which permits unrestricted use, distribution, and reproduction in any medium, provided the original author and source are credited.
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Keywords
- Asparagus officinalis L
- greenhouses
- economic analysis
- Greece