Comparison of cost and return analysis of on-season and off-season longan production in Lamphun Province, Thailand | |
| Author | Nattaporn Kassomboon |
| Call Number | AIT Thesis no.AB-12-16 |
| Subject(s) | Longan--Thailand--Lumphun Longan--Cost effectiveness--Thailand--Lumphun |
| Note | A thesis submitted in partial fulfillment of the requirements for the degree of Master of Agribusiness Management in AgriBusiness Management, School of Environment, Resources and Development |
| Publisher | Asian Institute of Technology |
| Series Statement | Thesis ; no. AB-12-16 |
| Abstract | The comparison of cost and return analysis of on-season and off-season longan production in Lamphun province, Thailand. The study collected data from interviewing sixty farmers, who produce longan in planted area 1-5 rais and 6-10 rais. There are 3 types of longan production, which are on-season, on-season and off-season, off-season longan production. The study designate the project lifetime for 15 years. This study acquired the primary data from the questionnaire, the interview. The secondary data were obtained by interviewing the government agencies, academic documents, books and internet. The data were analyzed to find the cost and return by using 3 financial tools, which are Payback period (PB), Net persent value (NPV), Internal rate of return (IRR). In planted area 1 – 5 rais, farmers in the first group have the payback period 9.74 years or 9 years 9 months, the net present value account at the discount rate 1.45% is 53,053.64 THB, at the discount rate 6.75% is 13,748.69THB and the internal rate of return is 9.97%. Farmers in the second group have the Payback period 9.51 years or 9 years 6 months 6 days, the net present value account at the discount rate 1.45% is 75,670.34 THB, at the discount rate 6.75 % is 28,627.07 THB and the internal rate of return is 13.41%. Farmers in the third group have the payback period 9.05 years or 9 years 18 days, the net present value account at the discount rate 1.45% is 100,011.31THB, at the discount rate 6.75% is 40,426.31 THB and the internal rate of return is 14.75%. In planted area 6 - 10 rais, farmers in the firsh group have the Payback period 8.39 years or 8 years 4 months22 days, the net present value account at the discount rate 1.45% is 100,842.28 THB, at the discount rate 6.75% is 45,732.24 THB and the internal rate of return is 17.79%. Farmers in the second group have the Payback period 8.01 years or 8 years 4 days, the net present value account at the discount rate 1.45% is 125,145.31 THB, at the discount rate 6.75% is 60,023.72 THB and the internal rate of return is 20.34%. Farmers in the third group have the payback period 8.67 years or 8 years 8 months 4 days, the net present value account at the discount rate 1.45% is 129,701.27 THB, at the discount rate 6.75% is 58,937.14 THB and the internal rate of return is 18.21%. Farmers in the second group that produce both of on-season and off-season longan production in planted area 6 – 10 rais have the shortest payback period. Moreover, farmers have the highest the net present value at the discount rate 6.75% and have the highest returns on investment. |
| Year | 2012 |
| Corresponding Series Added Entry | Asian Institute of Technology. Thesis ; no. AB-12-16 |
| Type | Thesis |
| School | School of Environment, Resources, and Development (SERD) |
| Department | Department of Food, Agriculture and Natural Resources (Former title: Department of Food Agriculture, and BioResources (DFAB)) |
| Academic Program/FoS | Agribusiness Management (AB) |
| Chairperson(s) | Anal, Anil Kumar; |
| Examination Committee(s) | Rakshit, Sudip K.;Shivakoti, Ganesh P.;Athapol Noomhorm; |
| Scholarship Donor(s) | Royal Thai Government Fellowship; |
| Degree | Thesis (M. Am.) - Asian Institute of Technology, 2012 |