COST-EFFECTIVE USE OF AGRICULTURAL LAND: A CASE STUDY
Dmitri Mihailovici Parmakli () and
V. Doga
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Dmitri Mihailovici Parmakli: Cahul State University "B. P. Hasdeu", Republic of Moldova
V. Doga: Republic of Moldova
Review of Economic and Business Studies, 2011, issue 7, 149-156
Abstract:
The article gives an evaluation of modern efficiency of land exploitation and explains the mathematical link between the production cost and the crop yield. It introduces a number of formulas which allow computing profitability per 1 quintal of production and per 1 hectare of land as well as profitability growth due to growth of the crop yield. The article also introduces the methods of computing marginal profit and the crop yield which provide the desired level of profitability.
Keywords: efficiency of land exploitation; cost of production; agricultural crop yield; net profit; marginal profit; profitability coefficient (search for similar items in EconPapers)
JEL-codes: M41 Q14 (search for similar items in EconPapers)
Date: 2011
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Persistent link: https://EconPapers.repec.org/RePEc:aic:revebs:y:2011:i:7:parmaklid
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