| Registro completo |
| Provedor de dados: |
AgEcon
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| País: |
United States
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| Título: |
Labor Cost and Value of Citrus Operations with Alternative Technology: Enterprise DCF Approach
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| Autores: |
Iwai, Nobuyuki
Emerson, Robert D.
Roka, Fritz M.
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| Data: |
2009-01-17
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| Ano: |
2009
|
| Palavras-chave: |
Value
Enterprise DCF approach
Labor cost
Citrus operations
Mechanization
Agricultural Finance
Labor and Human Capital
Q14
J43
|
| Resumo: |
The prospect of immigration policy reform has renewed growers’ concerns of serious labor shortages and cost increases given that a large portion of the workforce is unauthorized for U.S. employment. This concern of labor shortages and cost increases is more serious for specialty crop agriculture which is highly labor intensive. Specialty crop growers may address the problem in various ways, but likely options include adoption of mechanical harvesting. In the current paper we study the citrus industry case and estimate the value for two operational modes (hand and mechanical harvesting) using the enterprise discounted cash flow (DCF) approach. Further we implement a simulation to forecast how the value for each operational mode would change with a change in cost scenario.
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| Tipo: |
Conference Paper or Presentation
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| Idioma: |
Inglês
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| Identificador: |
http://purl.umn.edu/46836
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| Relação: |
Southern Agricultural Economics Association>2009 Annual Meeting, January 31-February 3, 2009, Atlanta, Georgia
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| Formato: |
17
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