The impact of cost of production and price fluctuation on the revenues of pepper farmers
This paper seeks to explain the socio-economic impact of the pepper farmers based on the cost of production and global price fluctuation. The impacts on the farmers will be examined to gain insights on their income from pepper farming. Efficiency in farm management is measured and compared to the st...
| Main Authors: | , , , |
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| Format: | Conference or Workshop Item |
| Language: | English |
| Published: |
Faculty of Agriculture and Food Sciences, Universiti Putra Malaysia Bintulu Sarawak Campus
2019
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| Online Access: | http://psasir.upm.edu.my/id/eprint/76457/1/ICOSSH2019-5.pdf |
| _version_ | 1796980073179381760 |
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| author | Aley Looi, Rhemaneeta Allan Daud, Adrian Teruki, Neilson Alwie, Aryaty |
| author_facet | Aley Looi, Rhemaneeta Allan Daud, Adrian Teruki, Neilson Alwie, Aryaty |
| author_sort | Aley Looi, Rhemaneeta Allan |
| collection | UPM |
| description | This paper seeks to explain the socio-economic impact of the pepper farmers based on the cost of production and global price fluctuation. The impacts on the farmers will be examined to gain insights on their income from pepper farming. Efficiency in farm management is measured and compared to the standard that has been set by the Malaysian Pepper Board (MPB). Benefit-cost ratio, gross margin and net income will be calculated to estimate the cost and revenue. Time series model is used in calculating price fluctuation and forecasting of price. Production costs is dependent on few factors and the efficiency in managing these will have an impact on farmers’ income. There should be a threshold price for which pepper can be an attractive crop for farmers. |
| first_indexed | 2024-03-06T10:18:02Z |
| format | Conference or Workshop Item |
| id | upm.eprints-76457 |
| institution | Universiti Putra Malaysia |
| language | English |
| last_indexed | 2024-03-06T10:18:02Z |
| publishDate | 2019 |
| publisher | Faculty of Agriculture and Food Sciences, Universiti Putra Malaysia Bintulu Sarawak Campus |
| record_format | dspace |
| spelling | upm.eprints-764572020-02-04T04:54:37Z http://psasir.upm.edu.my/id/eprint/76457/ The impact of cost of production and price fluctuation on the revenues of pepper farmers Aley Looi, Rhemaneeta Allan Daud, Adrian Teruki, Neilson Alwie, Aryaty This paper seeks to explain the socio-economic impact of the pepper farmers based on the cost of production and global price fluctuation. The impacts on the farmers will be examined to gain insights on their income from pepper farming. Efficiency in farm management is measured and compared to the standard that has been set by the Malaysian Pepper Board (MPB). Benefit-cost ratio, gross margin and net income will be calculated to estimate the cost and revenue. Time series model is used in calculating price fluctuation and forecasting of price. Production costs is dependent on few factors and the efficiency in managing these will have an impact on farmers’ income. There should be a threshold price for which pepper can be an attractive crop for farmers. Faculty of Agriculture and Food Sciences, Universiti Putra Malaysia Bintulu Sarawak Campus 2019 Conference or Workshop Item PeerReviewed text en http://psasir.upm.edu.my/id/eprint/76457/1/ICOSSH2019-5.pdf Aley Looi, Rhemaneeta Allan and Daud, Adrian and Teruki, Neilson and Alwie, Aryaty (2019) The impact of cost of production and price fluctuation on the revenues of pepper farmers. In: International Conference on Social Sciences and Humanities 2019 (ICOSSH2019), 8-9 Oct. 2019, Parkcity Everly Hotel, Bintulu, Sarawak, Malaysia. (p. 223). http://spel3.upm.edu.my/max/dokumen/ICSSH2019_e_proceeding_ICOSSH_2019_UPMKB_(with_eISBN).pdf |
| spellingShingle | Aley Looi, Rhemaneeta Allan Daud, Adrian Teruki, Neilson Alwie, Aryaty The impact of cost of production and price fluctuation on the revenues of pepper farmers |
| title | The impact of cost of production and price fluctuation on the revenues of pepper farmers |
| title_full | The impact of cost of production and price fluctuation on the revenues of pepper farmers |
| title_fullStr | The impact of cost of production and price fluctuation on the revenues of pepper farmers |
| title_full_unstemmed | The impact of cost of production and price fluctuation on the revenues of pepper farmers |
| title_short | The impact of cost of production and price fluctuation on the revenues of pepper farmers |
| title_sort | impact of cost of production and price fluctuation on the revenues of pepper farmers |
| url | http://psasir.upm.edu.my/id/eprint/76457/1/ICOSSH2019-5.pdf |
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