期刊名称：International Journal of Development and Sustainability
印刷版ISSN：2186-8662
出版年度：2013
卷号：2
期号：4
页码：2267-2277
出版社：International Society for Development and Sustainability (ISDS)
摘要：This paper examined a comparative economic analysis of groundnut oil and soya milk production in the Tamale Metropolis of the Northern Region. Purposive sampling, Stratified random sampling and Snowball were the techniques used for data collection. The data collected was subjected to descriptive analysis with the use of pie charts, bar charts and frequency distribution tables with a sample size of 70 respondents for groundnut oil processors and soya milk producers. The study revealed that a groundnut processor requires an average investment cost of GH¡é 487.74 whiles a soya milk producer may incur an estimated cost of GH¡é 423.2, with a weekly cost of GH¡é 350.57 and GH¡é 88.8 for groundnutand soya milk processing respectively. Estimated average total revenue of GH¡é 401.1 per week was recorded for groundnut oil as against GH¡é 109 per week for Soya milk. The estimated weekly profits for groundnut oil production was GH¡é 50.5 per week and GH¡é 20.2 per week for soya milk production.The profitability analysis revealed a benefit cost ratio of 1.1 and 1.2 for groundnut oil and soya milk production respectively. This shows that even though both proved profitable, soya milk production was more profitable than groundnut oil production considering the cost drivers. The study recommends that processors/entrepreneurs should form groups or associations to access credit and inputs from financial institutions, gov ernment should assist financial institutions to lower interest rates for lending and repayments and preservatives and quality of the soy milk should be researched further.
