Ziad Sarhil*(1) Mahmoud Alio(1) and Abdul Hadi Rifai(2)
(1). Department of Agricultural Economics, Faculty of Agriculture, Tishreen University, Lattakia, Syria.
.(2)Department of Statistics and Programming, Faculty of Economics, Tishreen University, Lattakia, Syria.
*) Corresponding author: Eng. Ziad Sarhil. E-Mail: sarhilziadof@yahoo.com).
Received: 02/06/2019 Accepted: 24/07/2019
Abstract
The main objective of the research was to analyze the economic costs of production of gypsum crops in the Syrian coast, in addition to the study and analysis of economic indicators related to economic efficiency. The research was carried out based on a semi-intentional sample. The field data were collected during the agricultural season (2017/2018) obtained from the personal interview with 15 farmers in the coastal area. As a result of the study, the average annual net profit achieved by the plastic house planted with gypsum was 1139352 SP, while the profit factor compared to the invested capital was 58.2%, and compared to the production costs it was 98.1%, so it was a very good indicator in agricultural investment since the profitability rate was about 98 SP per 100 SP invested annually, and the turnover rate of variable assets was 2.6. The results showed that the economic efficiency index was 1.98, which was greater than the correct one. This indicated the efficiency of the exploitation of fixed and variable capital in a good and ideal manner and the feasibility of producing gypsum crops in the coastal area. The study concluded that this modern agriculture should be adopted and integrated as a complementary agriculture to the traditional one in the Syrian coast, according to the economic savings that it achieves for the agricultural investor, diversifying sources of income and improving their standard of living.
Keywords: Gypsum, Production costs, Labor cost, Economic efficiency, Profitability factor, Capital recovery period.
Full Paper in Arabic: PDF