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On the Economic Benefits of Cut Roses Planting in Sanya

On the Economic Benefits of Cut Roses Planting in Sanya
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摘要 The study aims to promote the off-season cut roses industry in Hainan Province to the whole island and even whole China. Based on the production data in latest three years,the theory of time value was introduced to analyze the economic benefits of cut roses planting in South Hainan. According to the research findings,the cut roses create a NPV of $22 000 /667m2 with a net NPV rate of 34. 24%,an internal rate of return of 76. 36%,and a dynamic payback of 1. 05,bringing the farmers a revenue of $7 200 /667m2 per capita per year. Since the largescale planting of cut roses needs a high investment,it is suggested that the government should increase its support for the cut rose industry. The study aims to promote the off-season cut roses industry in Hainan Province to the whole island and even whole China. Based on the production data in latest three years,the theory of time value was introduced to analyze the economic benefits of cut roses planting in South Hainan. According to the research findings,the cut roses create a NPV of $22 000 /667m2 with a net NPV rate of 34. 24%,an internal rate of return of 76. 36%,and a dynamic payback of 1. 05,bringing the farmers a revenue of $7 200 /667m2 per capita per year. Since the largescale planting of cut roses needs a high investment,it is suggested that the government should increase its support for the cut rose industry.
出处 《Asian Agricultural Research》 2013年第10期30-31,34,共3页 亚洲农业研究(英文)
基金 Supported by the National Spark Plan(2011GA800004)
关键词 OFF-SEASON Time VALUE CUT ROSE Net PRESENT VALUE r Off-season Time value Cut rose Net present value rate Hainan
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