Socioeconomic factors affecting profitability of seaweed culture in Saint Martin Island of Bangladesh

2021 ◽  
Vol 31 (3) ◽  
pp. 227-234
Author(s):  
TK Ghose ◽  
MI Hossain

Seaweed culture provides financial benefits and creates employment opportunity for coastal inhabitants of Bangladesh.  This study was conducted to assess profitability and to determine the socioeconomic factors that affect the profitability of seaweed culture in the coastal region. Primary data were collected from 33 seaweed farmers for the study. The data were collected during the period of March 15 to March 31, 2018 through direct interviews and observation using a semi structured questionnaire and a check list. Both tabular and functional analyses were used to achieve the objectives of the study. It is evident from the study that seaweed culture is a profitable business. The total per square-meter cost of seaweed production was Tk. 1520 with a gross return of Tk. 2801.4 and net return was estimated at Tk. 1281.4 with a Benefit-Cost Ratio (BCR) 1.82. To estimate the contribution of different inputs on seaweed production through Cobb-Douglas production function, the explanatory variables considered were: bamboo cost, rope cost, human labour cost, repairing cost, age, experience, training, education and number of family members. Among these variables, labour and training were found positively significant at 1 percent level of significance with the regression coefficient of 0.209 and 0.556, respectively. This indicates that seaweed culture might be brought economic benefits of the community if they received more training and employ more labour. Therefore, policy should be focused on creating appropriate training arrangement and skilled labour to the coastal community for getting higher benefit. Seaweed farmers think that seaweed culture can be adopted as an alternative livelihood option if the government and other stakeholders help them with necessary supports for seaweed culture. Progressive Agriculture 31 (3): 227-234, 2020

2020 ◽  
Vol 83 (1) ◽  
pp. 113-125
Author(s):  
Nurudeen Afolabi Sofoluwe ◽  
Akeem Abiade Tijani

AbstractThe objective of this study is to analyse efficiency in resource use by cooperative producers with specialization in vegetable production and estimate the costs and return to such enterprises under cooperative conditions. Marginal physical product (MPP), marginal value product (MVP), and marginal factor costs (MFC) in addition to budgetary analysis were utilised to analyse the primary data collected through the questionnaire. The enterprise efficiency level is 0.06, the benefit-cost ratio is 1.06 while the expense structure ratio 0.37. The MVP results showed that all the resources used in production are under-utilized suggesting inefficiency of resource use by the cooperative producers. The result can be of advantage to producers if an appropriate understanding of cooperative principles is put into perspective in production-related decisions. Improvement of the level of utilization of input resources should be of interest to the government and related stakeholders.


2018 ◽  
Vol 1 (2) ◽  
Author(s):  
Yusnaidi Yusnaidi ◽  
Julisarnewi Julisarnewi

ABSTRACT This research was conducted at Salang Subdistrict in the District of Simeulu. It was aimed to evaluate the visibility to run patchouli oil distilation business. The data is primary data collected from the distilation plant at Salang Subdistrict in the District of Simeulu.The data was analized through Net Present Valie (NPV), Internal Rate Return (IRR), Net Benefit Cost Ratio (net B/C), Payback Priod (PP) in order to evaluate the investment visibility.The result shows this business is visible to be done and invested. This conclusion is based on the result of the Net Present Valie (NPV), Internal Rate Return (IRR), Net Benefit Cost Ratio (net B/C), Payback Priod (PP) that shows positive result. Therefore the government should pay more attention to develop this business to grow and give more impact on community income. Key words: patchouli oil, distilation business, investment, visibility study.


2014 ◽  
Vol 3 (2) ◽  
pp. 177-182
Author(s):  
Bime M.J ◽  
Fon D.E ◽  
Ngalim S.B ◽  
Ongla J

Rice production and processing over the years has been on an increase with more small holders entering the business. This study on profitability of processing and marketing of small scale rice processors had as objective to analyse the profitability levels of rice processing and marketing by small scale processors, determine the value added to the commodity at each stage  and also identify the constraints faced by these processors. The study used primary data collected using well-structured questionnaire from millers only, miller traders for white/parboiled rice through a multistage sampling technique. Results showed that the net processing income (3,151,201), value added (8,147,456) and efficiency (138) for miller-traders of white rice was highest, followed by miller-traders for parboiled rice and lastly millers only. Results further showed that millers only had Benefit/cost ratio of 0.4 indicating that milling only is not profitable due to small quantities milled, and high fixed cost. Miller-traders for parboiled rice had a benefit/cost ratio of 2.3 implying that their venture is most profitable. Based on the results, it was recommended that millers only should purchase large quantities of paddy to enable them reduce the overhead cost. Also the services of parboilers should reflect in the sales price of parboiled rice so that the parboiling services can be paid for.


2020 ◽  
Vol 44 (2) ◽  
pp. 230-247
Author(s):  
S. S Ashley-Dejo ◽  
O. J. Olaoye ◽  
O. A. Adelaja

This study assessed the Data were analyzed using descriptive statistics, budgetary analysis profitability ratios and inferential statistics. The study revealed that a Significant level of profit obtained from the study is evidence that adopters had more profit than non-adopters. comparative evaluation of economic benefits of adopters and nonadopters of improved fish production technologies in Oyo State, Nigeria. Primary data were collected with the aid of structured interview schedule administered to 222 active fish farmers using purposive and simple random sampling procedure. dopters of improved fish production technologies earned mean revenue of N4,873,521.29 with gross margin of N2,376,616.36 while non-adopters earned N3,347,719.08 with gross margin of N1,432,805.00. The results showed Benefit Cost Ratio (1.69 and 1.49), Rate of Return on Investment (0.69 and 0.49), Gross Revenue ratio (0.59 and 0.67), Expenses Structure Ratio (0.15 and 0.17) and Net Profit Margin (0.41 and 0.33) for both the adopters and non-adopters. There was a significant association between adoption of improved technologies and sex, educational level, occupation and marital status. Also, there was a significant relationship between adoption of improved technology and age, years of experience and house hold size. There was a significant difference between the profit level of adopters and non-adopters of improved technologies.


Author(s):  
Etty Susilowati ◽  
Sugiharto Sugiharto ◽  
Leonnard Leonnard ◽  
Budi Srihartati

The availability of student dormitories has become a major attraction for universities in Indonesia since many universities have provided this facility. In this study, we examine the potential of a student dormitory development at the Budi Luhur University, especially in terms of finance for student interests and education providers. Primary data were collected from 185 students and were analyzed by employing feasibility test of Net Present Value (NPV), Internal Rate of Return (IRR), Net Benefit Cost Ratio (Net B/C), Profitability Index (PI) and Pay Back Period (PP). Sensitivity analysis was also carried out both in terms of cost and income to anticipate the uncertainty that may occur. The findings indicated that the total investment required in the construction of the student dormitory was Rp 155,857,800 with an average revenue per annum of Rp 58,314,741,732. The results of the investment valuation analysis of net cash flows for 30 years indicated the NPV value of Rp 187,355,802,592, IRR of 21%, Net B/C of 10.57, PI of 2.20, and PBP 6.45 years. This proved that the investment in the student dormitory construction was considered feasible. Finally, from the sensitivity analysis of changes in occupancy rate, rental rates and operational costs, it was concluded that the investment in dormitory construction would be unfeasible when occupancy rates and rents were at the level of 80% down. Further managerial implications were discussed.


Author(s):  
Victoria E.N. Manoppo ◽  
Jeannette F. Pangemanan ◽  
Nurdin Jusuf

AbstractThe decline in fishermen's income was triggered by increased household needs while the income of fishermen's fate seemed to be unbearable. This is also experienced by Neyan in the Coastal Region of Mandolang District, Minahasa Regency. Their income continues to decline even more often they have no cost for their daily lives. They are in debt which is strangling their necks. They are increasingly desperate because there is no solution offered either from the government or from other relevant parties. Starting from the background, the problem is formulated as follows: 1. What causes the level of income of fishermen in the Coastal Zone of Mandolang District to decrease; 2. How do they increase their income. The research objectives are: 1. To describe and analyze what causes the level of income of fishermen in the Coastal Zone of Mandolang District to decrease; 2. To analyze how they increase their income. This research will be carried out in the Coastal Area of Mandolang District, Minahasa Regency in 2017 since it was signed a work contract with LPPM. The method in this study is purposive sampling method. Data sources are primary data and secondary data. Data analysis is qualitative descriptive analysis and quantitative description.Keywords: coastal area, income of fishermen, Mandolang sub-district AbstrakTurunnya pendapatan nelayan itu dipicu kebutuhan rumah tangga yang meningkat sedangkan pendapatan nasib nelayan seolah tak lepas dirundung malang. Hal ini juga dialami oleh neyan di Wilayah Pesisir Kecamatan Mandolang Kabupaten Minahasa. Pendapatan mereka semakin hari semakin menurun bahkan seringkali  mereka tidak mempunyai biaya untuk kehidupan mereka sehari-hari. Mereka terlbat utang yang semakin mencekik leher.  Mereka semakin putus asa karena belum ada jalan keluar yang ditawarkan baik dari pemerintah ataupun dari pihak-pihak terkait lainnya.  Bertitik tolak dari latar belakang tersebut maka masalah dirumuskan sebagai berikut: 1. Apa yang menyebabkan turunnya tingkat pendapatan nelayan di Wilayah Pesisir Kecamatan Mandolang; 2. Bagaimana cara mereka meningkatkan pendapatan mereka. Adapun tujuan penelitian adalah : 1. Untuk mengdeskripsikan dan menganalisis apa yang menyebabkan turunnya tingkat pendapatan nelayan di Wilayah Pesisir Kecamatan Mandolang; 2. Untuk menganalisis bagaimana cara mereka meningkatkan pendapatan mereka. Penelitian ini akan dilaksanakan di Wilayah Pesisir Kecamatan Mandolang Kabupaten Minahasa pada tahun 2017 sejak di tandatangani kontrak kerja dengan LPPM. Metode dalam penelitian ini adalah metode purposive sampling. Sumber data adalah data primer dan data sekunder. Analisis data yakni analisis deskriptif kualitatif dan deskripsi kuantitatif.Kata kunci: wilayah pesisir, pendapatan nelayan, kecamatan Mandolang


Author(s):  
Thomas A. Grigalunas ◽  
James J. Opaluch ◽  
Young Tae Chang

Port dredging to accommodate larger vessels can create substantial national economic benefits. However, how affected individual states fare economically with dredging is often unclear and can be an important issue. The benefits and the costs to Delaware residents of dredging—with the recent proposed deepening of the Delaware Bay and River main federal channel as a case study—are examined. Benefits include ( a) lower transportation costs that residents might receive on imported goods, ( b) profits that residents would realize if cost savings (e.g., on refinery products) were not passed forward to Delaware users, ( c) project costs that residents would bear as federal taxpayers, and ( d) benefits that residents would realize if the use of dredged sediments for planned beach renourishment created savings to the state. Sensitivity analyses are used to reflect uncertainty in outcomes. The estimated net present value to Delaware today of all future annual quantifiable benefits and costs ranges between $15,528,393 and $14,195,700 over 50 years at 5.875%. Stated another way, the quantified net benefits for Delaware imply a benefit-cost ratio between 2.07 and 1.89. Hence, for every dollar of the $7.5 million that Delaware would pay as a nonfederal cosponsor, estimated quantifiable net benefits to the state are $2.07 to $1.89. Some benefit and cost estimates are vehemently debated between interested parties, and not all benefits and costs can be quantified.


2019 ◽  
Vol 7 (2) ◽  
pp. 222-226
Author(s):  
Sundar Sapkota ◽  
Sanjib Sapkota

Rice is an annual plant belongs to family Poaceae. It is the major staple food crop of Nepal and can be grown from plain to mountainous regions of Nepal. The crop varieties differ from each other in terms of production cost, gross return and gross margin. The objective of this study was to analyze benefit cost ratio for production of different rice varieties. The study was carried out in Kapilvastu district of Nepal in 2018. A sample size of 120 respondents were selected randomly. Four different rice varieties: Gorakhnath, Radha-4, Ramdhan, and Sawa were used for the study. The primary data were collected through household survey using interview schedule. The data were analyzed using Statistical Package for Social Sciences and Microsoft Excel. The average cost of production was amounted to NRs. 77,100/ha for all four rice varieties. Sawa variety had the highest gross return (NRs. 1,01,212.5/ha). The benefit cost ratio was observed highest for Sawa (1.312) and lowest for Radha-4 variety (1.005). Sawa is the most economic rice variety in terms of gross and net production in the study area. The findings will help farmers to choose and cultivate rice variety with greater profitability. It is recommended that concerned authorities should give emphasis on subsidies, farmers training and ensuring floor price of rice.  Int. J. Appl. Sci. Biotechnol. Vol 7(2): 222-226


1970 ◽  
Vol 4 (1) ◽  
Author(s):  
Lina Sarasdevi Santosa ◽  
P. Alit Suthanaya ◽  
I B. Rai Adnyana

Abstract : Based on data from the Central Statistics Agency (BPS) of Bali in 2013, the population density in the Metropolitan area SARBAGITA (Denpasar-Badung-Gianyar-Tabanan) was 1.057 inhabitants/km2 with an area of 1.753,63 km2 and population was 1.853.017 inhabitants. Availability of facilities and adequate transportation infrastructure is needed, but in fact the performance of roads in the city center has declined. It is characterized by an increase in travel delay problem. Traffic delay problems in the City of Denpasar commonly occur on the stretch of Gatot Subroto street. To minimize the existing problems, Denpasar City Government plans to develop an underpass at the intersection of Gatot Subroto street and Ahmad Yani street. The aim of this study was to analyze the direct benefits of underpass for road users, to analyze the costs necessary to realize and operate the underpass, and to analyze the economic feasibility of the underpass development investment. Based on primary data and secondary data were obtained from government agencies, the method of analysis in this study used the technique of Net Present Value (NPV), Benefit Cost Ratio (BCR) and Internal Rate of Return (IRR). Economic analysis conducted in this study used three criteria (NPV, BCR and IRR) with three interest rates (12%, 15% and 18% per year) stating that the construction of an underpass was economically feasible. For example in the second scenario where the interest rate 15% gain on the analysis of value NPV, BCR and IRR respectively is Rp. 233.462.340.102,00; 1,948 and 30,81%. Suggestions can be submitted from this research is the need to contemplate the effect of changes in land use in areas close to the area around the underpass and needed further study that takes into account the needs of additional traffic lanes.


2016 ◽  
Vol 2 (3) ◽  
pp. 64
Author(s):  
Saptami Utami Evi ◽  
Emmy Sri Mahreda ◽  
Tri Dekayanti

Usaha pengolahan amplang ikan  pipih di Kota Palangka Raya untuk pengembangan usaha kedepan sangat baik.  Dengan adanya dukungan tersedianya terus menerus bahan baku ikan pipih, baik dari tangkapan perairan, tangkapan alam, maupun usaha budidaya ikan pipih dan modal yang dikucurkan oleh pemerintah baik berupa peralatan usaha maupun pelatihan-pelatihan bagi para pengusaha untuk dapat terus berkembang.Penelitian ini dilakukan dengan tujuan Penelitian ini dilakukan di Kota Palangka Raya Provinsi Kalimantan Tengah. Data yang digunakan adalah data primer dan sekunder.Metode yang digunakan dalam pengolahan dan analisis data dalam penelitian ini adalah purposive sampling Amplang datar ikan pengolahan rumah tangga bisnis keuntungan sebesar Rp. 12.169 juta, - per tahun. Dari lapangan menunjukkan fakta bahwa bisnis ini tetap menguntungkan dengan kelangsungan hidup dalam waktu yang lamaBerdasarkan nilai analisis keuangan dengan menggunakan kriteria investasi Net Benefit Cost Ratio ( Net BCR ) 5 % = 3,032073039 dan B / C ratio Bersih 13,5% = 1,526361382 lebih besar dari 1 berarti bahwa usaha ini layak untuk dilanjutkan .Khusus untuk datar usaha pengolahan ikan amplang ( Notopterus chilata ) rumah tangga di kota Palangka Raya Kalimantan Tengah Provinsi amplang permintaan produk ikan dengan menawarkan flat atau D = S yang sama , berarti ampalng produksi ikan untuk memenuhi pasar datar.Flat fish processing business amplang household in the city of Palangka Raya for future business development very well with the support of continuous availability of raw materials and capital flat fish are disbursed by the government in cash, business equipment and training for entrepreneurs to be able to continue developed. The research was conducted in the City of Palangka Raya Central Kalimantan Province. The data used were primary and secondary data. The method used in processing and analyzing data in this study was purposive sampling.Amplang flat fish processing business households profit of Rp. 12,169 million, - per year. From the field indicate the fact that this business remains favorable with survival in a long time.Based on the value of financial analysis using the criteria of investment Net Benefit Cost Ratio (BCR Net) 5% = 3.032073039 and Net B / C ratio of 13.5% = 1.526361382 is greater than 1 means that the business is feasible to proceed.Especially for flat fish processing business amplang (Notopterus chilata) household in the city of Palangka Raya Central Kalimantan Province amplang demand for fish products by offering the same flat or D = S; means ampalng fish production to meet market flat. 


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