Author
Listed:
- Bandara, Saman Janaranjana Herath
Abstract
In the field of vegetable and fruit production, Strawberry is a high value product, that shows potential economic benefits for growers. In North Carolina, strawberry farming shows a strong growth potential, where most producers sell directly to consumers through pick-yourown, roadside stands, and some commercial and industrial levels. This study attempts to understand and evaluate the economic potentials of strawberry production in North Carolina, using data for the period of 1980 – 2018. Data was collected from the United States Department of Agriculture (USDA), North Carolina Department of Agriculture and Consumer Sciences (NCDA&CS), U.S. Bureau of Labor Statistics, U.S. Bureau of Census & U.S. Bureau of Economic Analysis. Ordinary least squares method was used to estimate the parameters of the Cobb-Douglas production function to analyze data. The results indicate significant and positive relationships of strawberry farming with changes in labor and household income. Furthermore, the results indicate that production is decreasing as the number of strawberry farms decreases, while production per acre is increasing. The results imply that strawberry farming is supported by the increase in price per CWT (Price per 1000 pounds) of strawberries. Policies to enhance strawberry production with other supportive services can provide more economic benefits to North Carolina strawberry farmers.
Suggested Citation
Bandara, Saman Janaranjana Herath, 2021.
"Understanding the Economic Sustainability of Strawberry Farming in North Carolina,"
International Journal of Food and Agricultural Economics (IJFAEC), Alanya Alaaddin Keykubat University, Department of Economics and Finance, vol. 9(3), July.
Handle:
RePEc:ags:ijfaec:313364
DOI: 10.22004/ag.econ.313364
Download full text from publisher
Corrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ags:ijfaec:313364. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
We have no bibliographic references for this item. You can help adding them by using this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: AgEcon Search (email available below). General contact details of provider: https://edirc.repec.org/data/iiaaktr.html .
Please note that corrections may take a couple of weeks to filter through
the various RePEc services.