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Identification of the income level needed for agricultural enterprises to achieve economic sustainability

Z. Bayramoğlu,C. Oguz,Z. Karakayacı,H. Arısoy

Published 2018 in Economic Research-Ekonomska Istraživanja

ABSTRACT

Abstract This study aims to identify the income level required for agricultural enterprises to achieve economic sustainability. The theory behind the equation used to calculate a sustainable income is explained. The ecological, technical, social and economic components of sustainability in agricultural enterprises have been identified and discussed and the importance of economic sustainability in terms of achieving total sustainability has been emphasised. Economic sustainability was divided into three components incorporating the income needed to meet the cost of living and to address depreciation and interest costs for the enterprise. Those enterprises that achieved this income level were determined to be economically sustainable. For this purpose, data was collected by using a face-to-face survey method with 181 agricultural enterprises operating in Konya and analysed in line with the purpose of the study. According to the results of our analysis, it was observed that more than 150 enterprises were not sustainable.

PUBLICATION RECORD

  • Publication year

    2018

  • Venue

    Economic Research-Ekonomska Istraživanja

  • Publication date

    2018-01-01

  • Fields of study

    Agricultural and Food Sciences, Business, Economics

  • Identifiers
    DOI 10.1080/1331677X.2018.1438908
  • External record

    Open on Semantic Scholar

  • Source metadata

    Semantic Scholar

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