Research Article Open Access

Financial Assessment of a new Soil Heating Technology for Off-season Asparagus Production

A. Luce1, K. Mattas2, I. Tzouramani3, G. Paroussi4, E. Tsakiridou2 and E. Raptou2
  • 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.

American Journal of Agricultural and Biological Sciences
Volume 1 No. 1, 2006, 6-9

DOI: https://doi.org/10.3844/ajabssp.2006.6.9

Submitted On: 24 May 2006 Published On: 31 March 2006

How to Cite: Luce, A., Mattas, K., Tzouramani, I., Paroussi, G., Tsakiridou, E. & Raptou, E. (2006). Financial Assessment of a new Soil Heating Technology for Off-season Asparagus Production. American Journal of Agricultural and Biological Sciences, 1(1), 6-9. https://doi.org/10.3844/ajabssp.2006.6.9

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Keywords

  • Asparagus officinalis L
  • greenhouses
  • economic analysis
  • Greece