Decisionmaking by smallholder farmers in an oil plambased economy in southern Benin, West Africa

Budgets for palm-oil and palm-alcohol production were constructed to show the economic benefit of each activity to smallholder farmers in southern Benin. The selling prices of oil palms to alcohol distillers, who cut the trees, were approximately equal to the annual fruit revenue for that tree. Sinc...

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Autores principales: Meikle, W.G., Gutiérrez, A.P., Herren, H.R.
Formato: Journal Article
Lenguaje:Inglés
Publicado: 1997
Materias:
Acceso en línea:https://hdl.handle.net/10568/98656
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author Meikle, W.G.
Gutiérrez, A.P.
Herren, H.R.
author_browse Gutiérrez, A.P.
Herren, H.R.
Meikle, W.G.
author_facet Meikle, W.G.
Gutiérrez, A.P.
Herren, H.R.
author_sort Meikle, W.G.
collection Repository of Agricultural Research Outputs (CGSpace)
description Budgets for palm-oil and palm-alcohol production were constructed to show the economic benefit of each activity to smallholder farmers in southern Benin. The selling prices of oil palms to alcohol distillers, who cut the trees, were approximately equal to the annual fruit revenue for that tree. Since trees produce fruit for several decades, this price seems very low. A life-table analysis of the trees was conducted after converting tree height to tree age and substituting revenue for offspring. Tree reproductive value was calculated assuming a type-1 survivorship curve, and the equation was modified by discount rates for future revenues rather than by a fitness term. These discount rates reflect farmer uncertainty about the future. At high discount rates, e.g., greater than 0.1, the present value of the tree was similar to the value of its expected annual fruit production. Farmer interviews and a field study emphasized the relative importance of oil palms in the region.
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spelling CGSpace986562023-02-15T06:53:59Z Decisionmaking by smallholder farmers in an oil plambased economy in southern Benin, West Africa Meikle, W.G. Gutiérrez, A.P. Herren, H.R. oil palms farmers Budgets for palm-oil and palm-alcohol production were constructed to show the economic benefit of each activity to smallholder farmers in southern Benin. The selling prices of oil palms to alcohol distillers, who cut the trees, were approximately equal to the annual fruit revenue for that tree. Since trees produce fruit for several decades, this price seems very low. A life-table analysis of the trees was conducted after converting tree height to tree age and substituting revenue for offspring. Tree reproductive value was calculated assuming a type-1 survivorship curve, and the equation was modified by discount rates for future revenues rather than by a fitness term. These discount rates reflect farmer uncertainty about the future. At high discount rates, e.g., greater than 0.1, the present value of the tree was similar to the value of its expected annual fruit production. Farmer interviews and a field study emphasized the relative importance of oil palms in the region. 1997 2018-12-19T07:01:14Z 2018-12-19T07:01:14Z Journal Article https://hdl.handle.net/10568/98656 en Limited Access Meikle, W.G., Gutierrez, A.P. & Herren, H.R. (1996). Decision-making by smallholder farmers in an oil-palm-based economy in southern Benin, West Africa. Tropical Agriculture, 73(3), 217-225.
spellingShingle oil palms
farmers
Meikle, W.G.
Gutiérrez, A.P.
Herren, H.R.
Decisionmaking by smallholder farmers in an oil plambased economy in southern Benin, West Africa
title Decisionmaking by smallholder farmers in an oil plambased economy in southern Benin, West Africa
title_full Decisionmaking by smallholder farmers in an oil plambased economy in southern Benin, West Africa
title_fullStr Decisionmaking by smallholder farmers in an oil plambased economy in southern Benin, West Africa
title_full_unstemmed Decisionmaking by smallholder farmers in an oil plambased economy in southern Benin, West Africa
title_short Decisionmaking by smallholder farmers in an oil plambased economy in southern Benin, West Africa
title_sort decisionmaking by smallholder farmers in an oil plambased economy in southern benin west africa
topic oil palms
farmers
url https://hdl.handle.net/10568/98656
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AT herrenhr decisionmakingbysmallholderfarmersinanoilplambasedeconomyinsouthernbeninwestafrica