期刊名称：Journal of Economics and Sustainable Development
印刷版ISSN：2222-2855
电子版ISSN：2222-2855
出版年度：2017
卷号：8
期号：8
页码：167-175
语种：English
出版社：The International Institute for Science, Technology and Education (IISTE)
摘要：This study analyzes the viability and profitability of groundnut production by smallholder communal farmers in Chegutu district. A gross margin budget was used to compute the gross rate of return (GRR), and found to be 0.45. Proxing for fixed costs, net profit was computed and a net rate of return (NRR) of 0.31 was found. Multiple regression analysis was used to determine the socio-economic factors affecting profitability of groundnut production. Family size, level of formal education, land size and access to loans were all statistically significant with R2 value of 72%. The major constraints were inadequate labour, high input costs, aflatoxin, poor extension services and poor access to loans. Groundnut is a profitable enterprise for smallholder farmers in Chegutu district. Smallholder farmers were encouraged to produce groundnuts at commercial level, use more modern inputs and explore commodity value addition. Keywords: groundnut, profitability, aflatoxin, Chegutu
其他摘要：This study analyzes the viability and profitability of groundnut production by smallholder communal farmers in Chegutu district. A gross margin budget was used to compute the gross rate of return (GRR), and found to be 0.45. Proxing for fixed costs, net profit was computed and a net rate of return (NRR) of 0.31 was found. Multiple regression analysis was used to determine the socio-economic factors affecting profitability of groundnut production. Family size, level of formal education, land size and access to loans were all statistically significant with R 2 value of 72%. The major constraints were inadequate labour, high input costs, aflatoxin, poor extension services and poor access to loans. Groundnut is a profitable enterprise for smallholder farmers in Chegutu district. Smallholder farmers were encouraged to produce groundnuts at commercial level, use more modern inputs and explore commodity value addition. Keywords: groundnut, profitability, aflatoxin, Chegutu
