The Financial Costs-Bene t Analysis of Organic Layers in OrganicHouseholds in Chiang Mai Province, Thailand

Patyot Dechsiri
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Patyot Dechsiri: Faculty of Business Administration, Maejo University, Chiang Mai, Thailand

International Journal of Business and Economic Affairs (IJBEA), 2018, vol. 3, issue 2, 57-63

Abstract: This study aims to investigate the nancial-costs-bene t analysis of organic layers in organic households inChiang Mai, Thailand by separation into three categories; 200 layers, 100 layers and 50 layers in a household. In-depthsemi-structured interview to collect data from 12 organic agriculturists were used. The result found that there were 12female interviewees aged between 50-60 years old; almost all interviewees education level was primary education, withthe average income being around 7,000-10,000 baht per month. The results revealed that the net pro t per year onthree the categories were equal to 79,015.53, 44,050.71 and 13,135.59 baht, respectively. Moreover, the result from thecost and bene t analysis found that the total net cash in ow for six years was 726,639.08, 404,876.77 and 139,429.30baht, consecutively. The payback periods were 3.93, 3.95 and 3.06 years, respectively. The net present value was to412,048.93, 234,691.28 and 70,073.23 baht, consecutively and the internal rate of return was 24.96, 24.79 and 15.25percent, respectively. Thus, this project on three categories is quite interesting for investment, because the paybackperiod covered under the project and the net present value was positive in all layer sizes enabling higher internal rates ofreturn.

Keywords: Financial costs-bene t analysis; Organic layer; Organic household (search for similar items in EconPapers)
Date: 2018
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Persistent link: https://EconPapers.repec.org/RePEc:aya:ijbeaa:2018:p:57-63

DOI: 10.24088/IJBEA-2018-32002

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