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Evaluation of economic efficiency of orchards investment project with respect to the risk

机译:根据风险评估果园投资项目的经济效益

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Continuous elimination of the acreage of orchards in Slovakia has a negative impact on the overall fruit production. Improvement of the conditions could be achieved by introducing new technological systems into orchards and supporting the measures motivating farmers. Three investment strategies for planting apple orchards are presented in the paper: slim spindle, high density and extended orchards. Economic efficiency of the systems is evaluated through the return of investment, net current value and inner profit percentage. Within the assumption of the objective evaluation of input parameters, we can expect an acceptable economic efficiency of the investment only in the “slim spindle” technological system. The simplified deterministic evaluation of economic efficiency is further deepened with the identification of the relevant risk factors, followed by its quantification by the simulation processes. Taking the risk into account leads to a significant decrease of the economic attractiveness of investments.
机译:斯洛伐克持续淘汰果园面积对整体水果产量产生不利影响。通过向果园引进新的技术系统并支持激励农民的措施,可以改善条件。本文提出了三种种植苹果园的投资策略:细纺锤,高密度和扩展果园。系统的经济效率通过投资回报,净现值和内部利润百分比进行评估。在对输入参数进行客观评估的假设下,我们可以期望仅在“细长主轴”技术系统中才能获得可接受的投资经济效益。通过确定相关的风险因素,然后通过模拟过程对其进行量化,进一步简化了对经济效率的确定性评估。考虑到风险会导致投资的经济吸引力大大降低。

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