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Identification of the income level needed for agricultural enterprises to achieve economic sustainability

Author

Listed:
  • Zeki Bayramoglu
  • Cennet Oguz
  • Zuhal Karakayaci
  • Hasan Arısoy

Abstract

This study aims to identify the income level required for agricultural enterprises to achieve economic sustainability. The theory behind the equation used to calculate a sustainable income is explained. The ecological, technical, social and economic components of sustainability in agricultural enterprises have been identified and discussed and the importance of economic sustainability in terms of achieving total sustainability has been emphasised. Economic sustainability was divided into three components incorporating the income needed to meet the cost of living and to address depreciation and interest costs for the enterprise. Those enterprises that achieved this income level were determined to be economically sustainable. For this purpose, data was collected by using a face-to-face survey method with 181 agricultural enterprises operating in Konya and analysed in line with the purpose of the study. According to the results of our analysis, it was observed that more than 150 enterprises were not sustainable.

Suggested Citation

  • Zeki Bayramoglu & Cennet Oguz & Zuhal Karakayaci & Hasan Arısoy, 2018. "Identification of the income level needed for agricultural enterprises to achieve economic sustainability," Economic Research-Ekonomska Istraživanja, Taylor & Francis Journals, vol. 31(1), pages 510-520, January.
    • Handle: RePEc:taf:reroxx:v:31:y:2018:i:1:p:510-520
    DOI: 10.1080/1331677X.2018.1438908
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    Cited by:

    1. Mónica de Castro Pardo & Pascual Fernández Martínez & José Manuel Guaita Martínez & José María Martín Martín, 2020. "Modelling Natural Capital: A Proposal for a Mixed Multi-criteria Approach to Assign Management Priorities to Ecosystem Services," Contemporary Economics, University of Economics and Human Sciences in Warsaw., vol. 14(1), March.

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