Cost-Benefit Analysis of Honey Production in Ethiopia: A Modern Versus Traditional Beekeeping Technologies

Veronica Giwashi Maigida (), Mikhail Miklyaev () and Glenn Jenkins ()
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Veronica Giwashi Maigida: Department of Banking and Finance, Eastern Mediterranean University, North Cyprus, and Financial Analyst Cambridge Resources International Inc.
Mikhail Miklyaev: Cambridge Resources International Inc.

No 2021-09, Development Discussion Papers from JDI Executive Programs

Abstract: Ethiopia is attributed to the widespread use of traditional methods for honey production, faulty equipment and training. This situation results in low productivity and quality of table honey, and only a little is prepared for the export. Due to low productivity and low agricultural income, this project seeks to improve farmers' livelihoods. This analysis describes the primary risk factors posed by beekeepers, and it calculates the net economic gains to the different project stakeholders. A deterministic cost-benefit model was used to determine three choices for intervention: the provision of three new beehives / per beekeeper, the provision of three new beehives with equipment / per beekeeper, and the provision of three modern beehives with modern beehives / per beekeeper equipment and training to improve the honey production capacity of the honey value chain in Ethiopia.

Keywords: traditional beehives; modern beehives; honey production; honey value chain; sustainable development; Ethiopia. (search for similar items in EconPapers)
JEL-codes: D13 D31 D61 D62 (search for similar items in EconPapers)
Pages: 46 Pages
Date: 2021-06-10
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