Author
Isaac Nunoo (nunooisaac85@yahoo.com) and Victor Owusu
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Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, 2017, vol. 19, issue 1, 83-98
Abstract: Abstract This study employs an ex-ante analytical approach to explore the financial viability of cocoa agroforestry systems in Ghana using cross-sectional data on smallholder cocoa farmers in the Western Region of Ghana. The empirical results generally show that cocoa agroforestry systems are profitable, but the medium shade tends to be more profitable. The no-shade cocoa agroforestry has the highest yield compared with other cocoa agroforestry systems. Sensitivity analysis revealed that increasing the market price by 12.2 % tends to increase the profitability of cocoa agroforestry systems. Also increasing fertilizer price does not lead to any significant change in the profitability. The study recommends the medium-shade cocoa agroforestry system as the most profitable agroforestry system for optimizing ecological and economic outcomes of smallholder cocoa farmers in sub-Saharan Africa.
Keywords: Cocoa agroforestry system; Financial viability; Ghana; Profitability; Shade level (search for similar items in EconPapers)
Date: 2017
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Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development is currently edited by Luc Hens
More articles in Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development from Springer
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Isaac Nunoo (nunooisaac85@yahoo.com) and Victor Owusu
Additional contact information
Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, 2017, vol. 19, issue 1, 83-98
Abstract: Abstract This study employs an ex-ante analytical approach to explore the financial viability of cocoa agroforestry systems in Ghana using cross-sectional data on smallholder cocoa farmers in the Western Region of Ghana. The empirical results generally show that cocoa agroforestry systems are profitable, but the medium shade tends to be more profitable. The no-shade cocoa agroforestry has the highest yield compared with other cocoa agroforestry systems. Sensitivity analysis revealed that increasing the market price by 12.2 % tends to increase the profitability of cocoa agroforestry systems. Also increasing fertilizer price does not lead to any significant change in the profitability. The study recommends the medium-shade cocoa agroforestry system as the most profitable agroforestry system for optimizing ecological and economic outcomes of smallholder cocoa farmers in sub-Saharan Africa.
Keywords: Cocoa agroforestry system; Financial viability; Ghana; Profitability; Shade level (search for similar items in EconPapers)
Date: 2017
References: View complete reference list from CitEc
Citations Track citations by RSS feed
Downloads: (external link)
http://link.springer.com/10.1007/s10668-015-9733-z Abstract (text/html)
Access to the full text of the articles in this series is restricted.
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text
Persistent link: http://EconPapers.repec.org/RePEc:spr:endesu:v:19:y:2017:i:1:d:10.1007_s10668-015-9733-z
Ordering information: This journal article can be ordered from
http://www.springer.com/economics/journal/10668
Access Statistics for this article
Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development is currently edited by Luc Hens
More articles in Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development from Springer
Series data maintained by Sonal Shukla (sonal.shukla@springer.com).
For further details log on website :
http://econpapers.repec.org/article/sprendesu/v_3a19_3ay_3a2017_3ai_3a1_3ad_3a10.1007_5fs10668-015-9733-z.htm
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