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Cost-Benefit Analysis of Honey Production in Ethiopia: A Modern Versus Traditional Beekeeping Technologies

Author

Listed:
  • Veronica Giwashi Maigida

    (Department of Banking and Finance, Eastern Mediterranean University, North Cyprus, and Financial Analyst Cambridge Resources International Inc.)

  • Mikhail Miklyaev

    (Cambridge Resources International Inc.)

  • Glenn P. Jenkins

    (Cambridge Resources International Inc.)

Abstract

Ethiopia is attributed to the widespread use of traditional methods for honey production, faulty equipment and training. This situation results in low productivity and quality of table honey, and only a little is prepared for the export. Due to low productivity and low agricultural income, this project seeks to improve farmers' livelihoods. This analysis describes the primary risk factors posed by beekeepers, and it calculates the net economic gains to the different project stakeholders. A deterministic cost-benefit model was used to determine three choices for intervention: the provision of three new beehives / per beekeeper, the provision of three new beehives with equipment / per beekeeper, and the provision of three modern beehives with modern beehives / per beekeeper equipment and training to improve the honey production capacity of the honey value chain in Ethiopia.

Suggested Citation

  • Veronica Giwashi Maigida & Mikhail Miklyaev & Glenn P. Jenkins, 2021. "Cost-Benefit Analysis of Honey Production in Ethiopia: A Modern Versus Traditional Beekeeping Technologies," Development Discussion Papers 2021-09, JDI Executive Programs.
    • Handle: RePEc:qed:dpaper:4636
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    More about this item

    Keywords

    traditional beehives; modern beehives; honey production; honey value chain; sustainable development; Ethiopia.;
    All these keywords.

    JEL classification:

    • D13 - Microeconomics - - Household Behavior - - - Household Production and Intrahouse Allocation
    • D31 - Microeconomics - - Distribution - - - Personal Income and Wealth Distribution
    • D61 - Microeconomics - - Welfare Economics - - - Allocative Efficiency; Cost-Benefit Analysis
    • D62 - Microeconomics - - Welfare Economics - - - Externalities

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