Economic analysis of oil palm smallholders in FELCRA Seri Mendapat, Merlimau, Melaka / Nur Asyiqin Zainol

Economic analysis refers to the opportunity costs of resources employed and attempts to measure in monetary term the private and social costs and benefits of a project to the economy. The Malaysian Oil Palm Industry is facing rising production cost which is partly due to stagnation in productivity a...

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Main Author:	Zainol, Nur Asyiqin
Format:	Student Project
Published:	Faculty of Plantation and Agrotechnology 2019
Subjects:	Agricultural economics Government owned and operated farms. State farms. Sovkhozes
Online Access:	http://ir.uitm.edu.my/id/eprint/24409/

id	uitm-24409
recordtype	eprints
spelling	uitm-244092019-06-12T02:57:25Z http://ir.uitm.edu.my/id/eprint/24409/ Economic analysis of oil palm smallholders in FELCRA Seri Mendapat, Merlimau, Melaka / Nur Asyiqin Zainol Zainol, Nur Asyiqin Agricultural economics Government owned and operated farms. State farms. Sovkhozes Economic analysis refers to the opportunity costs of resources employed and attempts to measure in monetary term the private and social costs and benefits of a project to the economy. The Malaysian Oil Palm Industry is facing rising production cost which is partly due to stagnation in productivity and this affect business profitability. The purpose of this study is to examine the economic cost and benefit of oil palm smallholder as well as to determine the relationship of mutual influences between all the factors of land size, labour, production capital, plant age and identify the most significant factor affecting the profitability. Data were analyzed using Statistical Package for Social Sciences (SPSS) version 25 and Microsoft Excel 2016. The data obtained were then analyzed using the benefit-cost ratio, descriptive statistic, correlation and multiple regressions. The results revealed during this study indicate that for the organized smallholder, the total cost is higher than independent smallholder (RM 1328.78 compared to RM 1279.60). For the profitability, independent smallholder gets higher profit than organized smallholder (RM 1399.03 compared to RM 1080.54). The result of the study also revealed that all four factors have positive relationships with the profit for organized smallholder and for independent smallholder it indicates three factors have positive relationships while another one factor (plant age) has negative relationship with profit. The multiple regression analysis indicated that for the organized smallholder, production capital and land size were the most salient determinants of profit while for independent smallholder, labour was the most salient determinant of profit. As such, it is hoped that this study will give a preliminary insight and understanding to organized and independent smallholder in order to achieve high yield and profit. Faculty of Plantation and Agrotechnology 2019 Student Project NonPeerReviewed Zainol, Nur Asyiqin (2019) Economic analysis of oil palm smallholders in FELCRA Seri Mendapat, Merlimau, Melaka / Nur Asyiqin Zainol. [Student Project] (Unpublished)
repository_type	Digital Repository
institution_category	Local University
institution	Universiti Teknologi MARA
building	UiTM Institutional Repository
collection	Online Access
topic	Agricultural economics Government owned and operated farms. State farms. Sovkhozes
spellingShingle	Agricultural economics Government owned and operated farms. State farms. Sovkhozes Zainol, Nur Asyiqin Economic analysis of oil palm smallholders in FELCRA Seri Mendapat, Merlimau, Melaka / Nur Asyiqin Zainol
description	Economic analysis refers to the opportunity costs of resources employed and attempts to measure in monetary term the private and social costs and benefits of a project to the economy. The Malaysian Oil Palm Industry is facing rising production cost which is partly due to stagnation in productivity and this affect business profitability. The purpose of this study is to examine the economic cost and benefit of oil palm smallholder as well as to determine the relationship of mutual influences between all the factors of land size, labour, production capital, plant age and identify the most significant factor affecting the profitability. Data were analyzed using Statistical Package for Social Sciences (SPSS) version 25 and Microsoft Excel 2016. The data obtained were then analyzed using the benefit-cost ratio, descriptive statistic, correlation and multiple regressions. The results revealed during this study indicate that for the organized smallholder, the total cost is higher than independent smallholder (RM 1328.78 compared to RM 1279.60). For the profitability, independent smallholder gets higher profit than organized smallholder (RM 1399.03 compared to RM 1080.54). The result of the study also revealed that all four factors have positive relationships with the profit for organized smallholder and for independent smallholder it indicates three factors have positive relationships while another one factor (plant age) has negative relationship with profit. The multiple regression analysis indicated that for the organized smallholder, production capital and land size were the most salient determinants of profit while for independent smallholder, labour was the most salient determinant of profit. As such, it is hoped that this study will give a preliminary insight and understanding to organized and independent smallholder in order to achieve high yield and profit.
format	Student Project
author	Zainol, Nur Asyiqin
author_facet	Zainol, Nur Asyiqin
author_sort	Zainol, Nur Asyiqin
title	Economic analysis of oil palm smallholders in FELCRA Seri Mendapat, Merlimau, Melaka / Nur Asyiqin Zainol
title_short	Economic analysis of oil palm smallholders in FELCRA Seri Mendapat, Merlimau, Melaka / Nur Asyiqin Zainol
title_full	Economic analysis of oil palm smallholders in FELCRA Seri Mendapat, Merlimau, Melaka / Nur Asyiqin Zainol
title_fullStr	Economic analysis of oil palm smallholders in FELCRA Seri Mendapat, Merlimau, Melaka / Nur Asyiqin Zainol
title_full_unstemmed	Economic analysis of oil palm smallholders in FELCRA Seri Mendapat, Merlimau, Melaka / Nur Asyiqin Zainol
title_sort	economic analysis of oil palm smallholders in felcra seri mendapat, merlimau, melaka / nur asyiqin zainol
publisher	Faculty of Plantation and Agrotechnology
publishDate	2019
url	http://ir.uitm.edu.my/id/eprint/24409/
first_indexed	2023-09-18T23:12:31Z
last_indexed	2023-09-18T23:12:31Z
_version_	1777418896910843904

Economic analysis of oil palm smallholders in FELCRA Seri Mendapat, Merlimau, Melaka / Nur Asyiqin Zainol

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