Economic evaluation of investment in the olive-sheep production system

Abstract

Maslinarstvo i ovčarstvo predstavljaju tradicionalne poljoprivredne djelatnosti na hrvatskim otocima. Na temelju tehnoloških i ekonomskih polazišta izrađen je tehnološko-ekonomski model koji se sastoji od podmodela podizanja maslinika, nabave osnovnog stada ovaca i izgradnje ovčarnika i podmodela proizvodnje. Modelnom kalkulacijom utvrđeni investicijski i proizvodni troškovi i prihodi predstavljaju ulazne parametre za financijski dio analize troškova i koristi. Analiza troškova i koristi pokazuje da je investicija u proizvodni sustav maslina-ovca ekonomski opravdana i financijski izvodljiva, a vrijednosti temeljnih mjerila poslovne uspješnosti pokazuju da je proizvodni sustav maslina-ovca u punom kapacitetu djelotvoran, pod pretpostavkom postizanja očekivanih proizvodnih rezultata i uspješne prodaje maslinovog ulja, žive janjadi i ovčjeg mlijeka.Olive growing and sheep breeding are traditional agricultural activities on Croatian islands. Based on technological and economic starting points a technological and economic model wae prepared, which consisted of the submodel of olive grove establishment, purchase of a parent flock, and construction of the sheep stable as well as the production submodel. Model-calculated investment and production costs and revenues represent input parameters for a part of financial cost-benefit analysis. The cost-benefit analysis shows that investment in the olive-sheep production system is economically profitable and financially feasible, and values of the economic indicators of business performance show that the olive-sheep production system is efficient at full capacity, presuming the realisation of the expected production results and the successful sale of olive oil, live lambs and sheep\u27s milk

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