Economics of the cultivation of Salvia officinalis and Melissa officinalis

Ľ. Gurčík, R. Dúbravská and J. Miklovičová
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Ľ. Gurčík: Slovak University of Agriculture, Nitra, Slovak Republic
R. Dúbravská: Slovak University of Agriculture, Nitra, Slovak Republic
J. Miklovičová: Slovak University of Agriculture, Nitra, Slovak Republic

Agricultural Economics, 2005, vol. 51, issue 8, 348-356

Abstract: The economic results show that the Melissa officinalis cultivation is economically effective and in comparison with the economic indicators of conventional crops planted on arable land, this herb achieves several times higher profit per hectare. The marginal costs of production are higher than its marginal revenues. Our research confirms that production of Salvia officinalis - sort Krajova and Comune is not profitable. The dominant factors that negatively affect the efficiency of growing this herb are low and unstable hectare yields on the one hand and high production costs on the other hand. Based on our research, it is possible to assume that the profit from production of Salvia officinaliswas obtained only of the sort of Primorska and only through direct planting.

Keywords: medical herbs; costs; profit; revenues; rentability (search for similar items in EconPapers)
Date: 2005
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Persistent link: https://EconPapers.repec.org/RePEc:caa:jnlage:v:51:y:2005:i:8:id:5118-agricecon

DOI: 10.17221/5118-AGRICECON

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