Οικονομική ανάλυση φυτείας καρυδιάς στο νομό Ηλείας στα πλαίσια του καν. ΕΕ 1257/99:
Creators: name: Σπεντζάρη, Γεωργία-Διονυσία Ευσταθίου
Publisher: name: Aristotle University of Thessaloniki
Year: 2009
Subjects: Φυτεία καρυδιάς
Οικονομική ανάλυση
Juelans reeia
Plantation
Afforestation programme
Economic analysis

description: Στην εργασία αυτή διερευνήθηκε η οικονομικότητα της ίδρυσης φυτείας καρυδιάς 10 στρ. στο νομό Ηλείας, εξετάζοντας διάφορα σενάρια καλλιέργειας της φυτείας αυτής και προέκυψε ότι η πραγματοποίηση της επένδυσης είναι συμφέρουσα για κάθε εξεταζόμενο σενάριο
description: The walnut (Juglans regia) is considered to be a native specie of the Central and Western Asia, from where it expanded to Europe and many other countries around the world. A main feature is that it has numerous applications, since almost all parts of it can be used. It gives very good wood with many applications in cabinet making and carpentry. It also offers fruits, oil, and dyes. At the same time serves as a decorative tree of high aesthetic value. It is an appropriate and suggested specie for cultivation and integration in the framework of the European Community Programme ―Afforestation of agricultural lands‖. The most recent Regulation for the support of the agricultural development by the European Agricultural Guidance and Guarantee Fund is the EC Regulation 1257/99, article 31 and constitutes an alternative financial proposal, which reinforces actions for the expansion of forestlands, the development of forest resources and the viable management of forests. At the same time, an additional income is safeguarded for the population of mainly mountainous and isolated regions and the rational management and environmental purification of the agricultural sector is ensured. The continuation of the programme is stipulated in Regulation 1698/05 (article 36) to be funded by the 4th Community Support Framework (period 2007-2013). The purpose of this paper is: a) to investigate on a level of implementation the Programme of afforestation of agricultural lands, b) to study whether the financial result of setting and maintaining a walnut plantation is such that would attract the interest of candidate cultivators and c) to highlight the advantages of the said cultivation, so as to promote its expansion, to exploit the potentials of the appropriate installation lands and to establish their viable management. By implementing the method of questionnaires and by market research, first were collected the data concerning the specie, the quantity, the cost of the required materials and works for the establishment, maintenance and yield of 1 ha of walnuts in Ilia Prefecture. Then, by using investment assessment criteria that take into account the value of money in the course of time (net present value, annual equivalent value, benefit-cost ratio and internal rate of return), the economic outcome was calculated, while by using the sensitivity analysis it was found the change of values of the assessment criteria of the investment, by examining several scenarios for the plantation. 4 For each scenario reviewed, the economic outcome has been positive. Both the net present value and the annual equivalent value are positive, while the benefit to cost ratio is greater than one. For instance, when the investor is a farmer having his own implements to cultivate the orchard, the net present value is 37654 €, the annual equivalent value is 2638 €, the benefit to cost ratio is 2.03 and the internal rate of return is 19.24%. The internal rate of return, compared to the borrowing interest rate r= 6.47% (cost of money considered to have been used for the investment), shows the actual return per case, which is considered to be from satisfactory to very good (from 12.58% to 43.03%). In order to maximize the benefits (economic, environmental, social), the following are proposed: When drawing the study or technical bulletin of the afforestation, an economic analysis and assessment of the investment shall be conducted, so that the participant in the Programme be aware of the cultivation‘s economical details, the rate of return and the risks of the endeavour. To set a reduced interest rate for investment of this kind (long-term actions of viable environmental management), since the forest investment require expenses that create benefits in farther times. To fluctuate the subvention rate depending on the kind of plantation created. Meaning a different subvention rate for the plantations aiming to produce timber, or fruit or a combination thereof. To extend the time period for which the investor is bound to maintain the plantation in order to produce high quality products. The forest species funded by the programme shall extend to include other varieties of walnuts and hybrids of high productivity, as up to now the regulation allowed only the integration of Juglans regia. The cultivation of the plantation shall be conducted with environmentally friendly operations The Programme shall also explore the possibility of joint cultivation of the walnut with agricultural species, in order to create an agroforest system aiming to the maximization of the forest and agricultural production on the same land. Attention shall be paid to the age structure and the educational level of those integrating into the programme, as well as to their constant updating and training, because as it results up to now the most senior farmers have joined the Programme, who do not dispose of the basic economic and technical management knowledge or the required skills for the introduction and implementation of new technologies.