The study was conducted to investigate the cost of production, net income and creation of employment in apiculture practices in the Central Province of Zambia. The study aims to find out the type of technology used in honey production, cost of honey production, price of honey, net income and income to investment ratio. Further, it aims to know the employment creation potential, employment to investment ratio and income to employment ratio in apiculture practices. The study revealed that the effect of apiculture practices on net income and employment was positive. The imputed value of family labor was higher in total cost of production and the price of honey sold was the only source of revenue. The income to investment ratio was higher and the cost-output ratio was lower. The employment to investment ratio and the income to employment ratio were higher. The study found several challenges to apiculture practices. These include lack of appropriate beekeeping skills, financial and infrastructure constraints. The study suggested for establishing bee farmers’ co-operative associations for access to loan, marketing, training the beekeeping farmers in using modern techniques of honey production and get inputs from the government and non-government organizations. The study also suggested for the establishment of an accredited certifying institute for national honey standard to sell at premium price within the country and to export.
| Published in | International Journal of Economics, Finance and Management Sciences (Volume 3, Issue 4) |
| DOI | 10.11648/j.ijefm.20150304.11 |
| Page(s) | 330-336 |
| Creative Commons |
This is an Open Access article, distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution and reproduction in any medium or format, provided the original work is properly cited. |
| Copyright |
Copyright © The Author(s), 2015. Published by Science Publishing Group |
Apiculture, Beekeeping Skills, Net Income, Employment, Cost-Output Ratio, Financial Constraints
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APA Style
Syed Ali. (2015). An Economic Analysis of Apiculture Practices in Zambia. International Journal of Economics, Finance and Management Sciences, 3(4), 330-336. https://doi.org/10.11648/j.ijefm.20150304.11
ACS Style
Syed Ali. An Economic Analysis of Apiculture Practices in Zambia. Int. J. Econ. Finance Manag. Sci. 2015, 3(4), 330-336. doi: 10.11648/j.ijefm.20150304.11
AMA Style
Syed Ali. An Economic Analysis of Apiculture Practices in Zambia. Int J Econ Finance Manag Sci. 2015;3(4):330-336. doi: 10.11648/j.ijefm.20150304.11
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Download@article{10.11648/j.ijefm.20150304.11,
author = {Syed Ali},
title = {An Economic Analysis of Apiculture Practices in Zambia},
journal = {International Journal of Economics, Finance and Management Sciences},
volume = {3},
number = {4},
pages = {330-336},
doi = {10.11648/j.ijefm.20150304.11},
url = {https://doi.org/10.11648/j.ijefm.20150304.11},
eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.ijefm.20150304.11},
abstract = {The study was conducted to investigate the cost of production, net income and creation of employment in apiculture practices in the Central Province of Zambia. The study aims to find out the type of technology used in honey production, cost of honey production, price of honey, net income and income to investment ratio. Further, it aims to know the employment creation potential, employment to investment ratio and income to employment ratio in apiculture practices. The study revealed that the effect of apiculture practices on net income and employment was positive. The imputed value of family labor was higher in total cost of production and the price of honey sold was the only source of revenue. The income to investment ratio was higher and the cost-output ratio was lower. The employment to investment ratio and the income to employment ratio were higher. The study found several challenges to apiculture practices. These include lack of appropriate beekeeping skills, financial and infrastructure constraints. The study suggested for establishing bee farmers’ co-operative associations for access to loan, marketing, training the beekeeping farmers in using modern techniques of honey production and get inputs from the government and non-government organizations. The study also suggested for the establishment of an accredited certifying institute for national honey standard to sell at premium price within the country and to export.},
year = {2015}
}
TY - JOUR T1 - An Economic Analysis of Apiculture Practices in Zambia AU - Syed Ali Y1 - 2015/06/13 PY - 2015 N1 - https://doi.org/10.11648/j.ijefm.20150304.11 DO - 10.11648/j.ijefm.20150304.11 T2 - International Journal of Economics, Finance and Management Sciences JF - International Journal of Economics, Finance and Management Sciences JO - International Journal of Economics, Finance and Management Sciences SP - 330 EP - 336 PB - Science Publishing Group SN - 2326-9561 UR - https://doi.org/10.11648/j.ijefm.20150304.11 AB - The study was conducted to investigate the cost of production, net income and creation of employment in apiculture practices in the Central Province of Zambia. The study aims to find out the type of technology used in honey production, cost of honey production, price of honey, net income and income to investment ratio. Further, it aims to know the employment creation potential, employment to investment ratio and income to employment ratio in apiculture practices. The study revealed that the effect of apiculture practices on net income and employment was positive. The imputed value of family labor was higher in total cost of production and the price of honey sold was the only source of revenue. The income to investment ratio was higher and the cost-output ratio was lower. The employment to investment ratio and the income to employment ratio were higher. The study found several challenges to apiculture practices. These include lack of appropriate beekeeping skills, financial and infrastructure constraints. The study suggested for establishing bee farmers’ co-operative associations for access to loan, marketing, training the beekeeping farmers in using modern techniques of honey production and get inputs from the government and non-government organizations. The study also suggested for the establishment of an accredited certifying institute for national honey standard to sell at premium price within the country and to export. VL - 3 IS - 4 ER -
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