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United States Department of Agriculture

Agricultural Research Service

Research Project: Measuring Economic Efficiency in the Floriculture Production Value Chain

Location: Application Technology Research Unit

Project Number: 3607-21000-017-11
Project Type: Specific Cooperative Agreement

Start Date: Aug 15, 2013
End Date: Aug 14, 2018

Objective:
The scope of our research will be from propagation of the seed or unrooted cutting through to a finished plant at retail. Experiments will be conducted to improve resource use efficiency at each step of production and distribution. This knowledge will be integrated into a model to determine economic feasibility. This information will be packaged in grower decision-support tools to allow grower use in the field.

Approach:
Partial budgeting modeling procedures will be used to measure the profitability of short-run changes in cultural practices in the production and postproduction systems analyzed. This technique has been largely used when comparing two or more similar systems. Usually the comparison is between a benchmark system and one or more alternatives. All systems under comparison must face the same conditions, the same fixed costs, and only vary in explicitly specified components.

Last Modified: 8/27/2014
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