ISSN 2284-7995, ISSN Online 2285-3952
 

ESTIMATING THE ECONOMIC EFFICIENCY OF MEDICINAL CROPS

Published in Scientific Papers. Series "Management, Economic Engineering in Agriculture and rural development", Vol. 20 ISSUE 3
Written by Eduard Alexandru DUMITRU, Rozi Liliana BEREVOIANU, Adriana MUSCALU, Cătălina TUDORA

Medicinal plants have an important economic potential but which is not capitalized at fair value, so farmers choose certain crops that have reliable market. The paper analyzes from the point of view of economic efficiency, basil, thyme, lavender and hyssop crops. In this regard, the budget of revenues and expenditures for 2020 for these crops was estimated. For this study it was used the technical-economic analysis, determining the main economic indicators: value of production, total costs, variable costs, indirect costs, income, production cost, predictable domestic market price.

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© 2019 To be cited: Scientific Papers. Series “Management, Economic Engineering in Agriculture and Rural Development“.

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