THE SOCIO-ECONOMIC ASSESSMENT TO EVALUATE THE POTENTIALITY OF DEVELOPING THE RURAL COMMUNITY IN UPPER EGYPT

W. Sallam and O. Ahmed

International Journal of Food and Agricultural Economics (IJFAEC), 2020, vol. 08, issue 2

Abstract: This study evaluates the agricultural interventions related to productivity enhancement that may provide solutions to improve smallholder farmers' incomes. By applying Cost-Benefit Analysis (CBA) and conducting risk analysis using the Monte Carlo simulation technique for the proposed agricultural interventions, this paper evaluates the agricultural interventions in rural communities in Upper Egypt aimed at addressing the current challenges by moving from traditional farming to conservation agricultural. Results indicate that the interventions proposed are viable and have high positive socio-economic impacts on the farmers' livelihoods. The interventions will increase job opportunities in the target regions. Also, a very low probability of negative returns is shown. The probability of negative returns to the socio-economy aspects becomes almost zero when we add the economic benefit to society.

Keywords: Agricultural and Food Policy; Community/Rural/Urban Development; Consumer/Household Economics; Farm Management; Land Economics/Use; Political Economy (search for similar items in EconPapers)
Date: 2020
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Persistent link: https://EconPapers.repec.org/RePEc:ags:ijfaec:303555

DOI: 10.22004/ag.econ.303555

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