Search results for " Profitability"
showing 10 items of 27 documents
Economic sustainability of early potato production in the Mediterranean area
2014
The interactions between a given commercial enterpr ise, its territory and development, have become a key issue in recent years. Theories of economic dev elopment tell us that a territory may undergo development provided viable, economically sustainab le commercial activities exist. Based on the latter postulate, the present paper analyzes the economic sustainability of farming enterprises growing early potatoes in a Mediterranean setting. In particular, the study was conducted in south-eastern Sicily, island in the centre of the Mediterranean. The resu lts underscore their modest profitability, mainly d ue to a lack of entrepreneurial strategies aimed at en hancing production. This situati…
Organic farming and economic sustainability: The case of Sicilian durum wheat
2014
In last years, the organic farming in the world is developing rapidly and Italy is the sixth country for organic area. Sicily is the main organic area of Italian territory and represents the first region for organic cereals. Among these durum wheat is the crop most widespread, especially in the hilly hinterland areas. The paper aims to analyze the economic sustainability of organic durum wheat. For this purpose, it has been determined the gross m argin of whea t within crop rotations of the Sici lian hilly hinterland, comparing 10 organic farms with 10 conventional farms. The results show a higher gross margin of organic wheat respect to conventional one, due to lower variable costs and hig…
Economic and Financial Comparison between Organic and Conventional Farming in Sicilian Lemon Orchards
2015
Sicily has a long tradition in citrus fruit cultivations that with vineyard and olive tree represent the main Mediterranean tree crops. In this paper we have evaluated the economic and financial sustainability of lemon production, both in organic farming and in conventional farming
Return on capital in Spanish tourism businesses: A comparative analysis of family vs non-family businesses
2016
The analysis of the keys to competitiveness in the tourism sector has an unquestionable justification for its importance in the Spanish economy and its global growth prospects. The need for a better understanding of the keys to the competitiveness of the tourism firm is also fuelled by the magnitude of the challenges that it faces and by the sector structure, characterised by a notable weight of family-owned businesses. The objective of this research lies precisely in developing a diagnosis of the return on capital of the tourism sector and the determinants of its evolution in the family business (FB) vs non-family business (NFB). Specifically, this study focuses on the analysis of both fir…
REGIONAL AIRPORT: STUDY ON ECONOMIC AND SOCIAL PROFITABILITY
2010
Using Geomatics and GIS technologies, the aim of this study is the recovery of a regional economy focused on the areas that are marginalized and depressed, or with an emerging tourist industry, to reach explanatory variables of the airport impact on the regional economy. This analysis is conducted on the basis of geographical data and socio-economic features that characterized the area taken into account. Next to the main activities relating to international air traffic, which absorb large flows of traffic and offer primary and supplementary services, today airport is identified by their irreplaceable role in modern economic life, especially in the connections between places that, for geogr…
The proitability of microalgae biomass farming in Mediterranean environments
2015
The aims of the present study was to assess the economic sustainability of microalgae cultivation in PBRs, ascertain in what conditions of productivity and price it is possible to achieve similar results to those of the irst case, and assess the impact that the results of plant management could have on the balance sheets of farms which may have an interest in expanding their production. Our results show shows that, while prospects are encouraging, there is a need to develop structured supply chains able to confer greater stability to the market and to ensure a higher degree of certainty to stakeholders.
Understanding short- and long-term implications of “myopic” fleet maintenance policies: a system dynamics application to a city bus company
2010
Financial losses recorded in city bus companies often force managers to implement restructuring strategies aimed at improving business results. However, such decisions may not produce the expected consequences for a number of reasons. Both the internal and external environment in which such companies operate can make the design and implementation of long-term sustainable policies quite difficult. In fact, the result may be that decision makers introduce "effective" policies in a company subsystem, while ignoring the medium- and long-term implications of such decisions in the performance of the whole company. With the aim to detect the main causes underlying "myopic" fleet maintenance polici…
The cost advantage of Sicilian wine farms
2013
This study presents the results of research carried out on a Sicilian wine farm in order to demonstrat e the economic convenience of the mechanized harvest. After the determination of the minimum optimal farm size that justifies the introduction of grape harve ster in the farm, it has been estimated production cost and the relative profitability of two wine grape cultiv ars (Chardonnay and Nero d’Avola), comparing three hypotheses of harvest: manual, with farm property g rape harvester and with rented grape harvester. The economic analysis shows that the introduction of th e grape harvester in the wine farm is justified in large sized farms. However, even in small farms the use o f rented g…
The Route Development Strategies of Romanian Airports: A Key Challenge in Modern Aviation
2018
Airport route development can be defined as a complex process carried out by airports, encouraging airlines to launch new routes or increase frequencies on already served destinations. The deregulated aviation environment helped airports to find new and innovative ways to compete directly with each other for a limited airline capacity, engaging with airlines and proving the airport route development strategy and airline needs meet at a certain point. The future prosperity of the communities the airports serve, depends on the efforts of the route development team and their focused aviation marketing strategy. A huge responsibility to attract what is best for the community as well as a good c…
Commercial Biogas Plants: Lessons for Ukraine
2020
Ukraine has enough biomass resources for biogas production. However, this energy potential is not used sufficiently. This research is aimed at examining the current experience of commercial biogas systems in the Europe Union and its adaptation for Ukraine. Special attention was paid to economic indicators, such as specific investment costs, production costs (biogas, biomethane, and electricity), and incentives. Using statistical data for the European Union and Ukraine, the biogas potential for Ukraine (based on European experience) was determined. The economic competitiveness of biogas production was evaluated compared to alternatives, such as photovoltaic, wind power, biomass, conventional…