Search results for "Production cost"

PROFITABILITY OF SMALL LOQUAT FARMS IN SICILY

2015

The northern Sicilian coastline, known for its favorable soil and climatic conditions, represents the main production area in Italy for loquat (Eriobotrya japonica Lindl.). Over the years, the absence of process innovation and appropriate marketing strategies caused a gradual decline of loquat cultivation. This study estimates the profitability of some representative Sicilian farms that grow loquat in the area of Trabia (Palermo Province), where this crop is important for the local economy. The results highlighted a productive scenario characterized by high production costs, where only a family farm that supplies much of its own labor can survive.

Aspetti economici e commerciali dell'arancia di Ribera

2010

The Sicily is the first region for orange cultivation in Italy. This sector, throughout the ages, has been characterized by a decrease of the invested areas and by a reduction of the fresh product’s demand; in the meantime, the competitiveness of the new producer countries is increased for a better commercial organization and for lower production costs. The aim of the paper is to improve the knowledge of orange cultivation in Ribera area, in the province of Agrigento (Sicily). It is carried out a microeconomic analysis on a sample of 20 farms to determine profitability of orange cultivation by means of various economic indicators (production costs, profits, net incomes). The business survey…

Sustainability evaluation of Sicily's lemon and orange production: An energy, economic and environmental analysis

2013

The island of Sicily has a long standing tradition in citrus growing. We evaluated the sustainability of orange and lemon orchards, under organic and conventional farming, using an energy, environmental and economic analysis of the whole production cycle by using a life cycle assessment approach. These orchard systems differ only in terms of a few of the inputs used and the duration of the various agricultural operations. The quantity of energy consumption in the production cycle was calculated by multiplying the quantity of inputs used by the energy conversion factors drawn from the literature. The production costs were calculated considering all internal costs, including equipment, materi…

The use of hydrogen in residential sector: Economic aspects and environmental benefits

2005

Why Bring Organic and Molecular Electronics to Spintronics

2015

Organic spintronics field is an emerging field at the frontier between organic chemistry and spintronics. Exploiting the peculiarity of these two fields, it combines the flexibility, versatility and low production cost of organic materials with the nonvolatility, spin degree of freedom and beyond CMOS capabilities offered by spintronics. Before starting the discussion on the organic spintronics field, in this chapter will be provided a brief introduction on organic and molecular electronics and the specificities of molecules. This will help to understand the advantages that molecular systems can bring to spintronics.

Forward Trading and Entry under Incomplete Information

2017

This paper examines the strategic use of forward trading by an incumbent producer who faces potential entry under incomplete information. We show the existence of Bayesian-Nash equilibria in which the incumbent uses forward transactions to deter entry that would have occurred under complete information. Additionally, we find that increasing the frequency of forward trading can raise the volume of pre-entry forward trading and affect the likelihood of entry. Our analysis shows that the incumbent can deter entry with a short position if production cost correlation is low and with a long position if that correlation is high. In the limiting case of continuous trading, these two configurations …

Contributions Regarding the Reduction of Production Costs for Brewing by Recovering and Reusing the Carbon Dioxide

2014

Abstract Nowadays in every field the main aim is to produce corresponding quality products at competitive prices for buyers. In addition to the multiple possibilities to reduce the brewing production cost, one of the most significant ways is to reduce the production cost by recovering the carbon dioxide (CO2) resulting from the fermentation of beer, taking into account the fact that the CO2 thus resulting is completely natural. This scientific paper presents a certain strategy based on costs, strategy which relies on the experience of the authors, on the economic impact of CO2 recovery resulting from the fermentation of beer and which reflects itself in the production cost and implicitly in…

ECONOMIC EVALUATION OF MEDITERRANEAN SEA BASS FARMS ACCORDING TO MARKET TYPOLOGY

2014

Italy represents one of the main production countries of European sea bass and, in this context, Sicilian fish farms play a key role. Since in the last years the economic development has led to an increasingly globalized market, in this paper it has been carried out an economic evaluation of two Sicilian European sea bass farms according to the market typology in which their product is allocated: competitive and oligopolistic market. Moreover, a sensitivity analysis allows to understand how market prices could influence farm economic performances. Results showed higher profit for farm that sold product in oligopolistic market, even if sensitivity analysis highlighted that both farms were ve…

Economic evaluation of PDO introduction in Sicilian orange farms

2014

The south-western part of Sicily is the largest Italian production area of Navel oranges where in 2008 it was established the Arancia di Ribera Prot ected Designation of Origin (PDO). The aim of the paper was to ana lyze the effect that the PDO introduction determined on farm profitability and sustainability. To this end, it was carried out an economic analysis on some representative orange farms of PDO area.

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…