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Frontiers in Sustainable Food Systems
Article . 2022 . Peer-reviewed
License: CC BY
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Economic sustainability assessment of Mediterranean crops: A comparative Life Cycle Costing (LCC) analysis

Authors: Emanuele Spada; Teodora Stillitano; Giacomo Falcone; Nathalie Iofrida; Giovanni Gulisano; Anna Irene De Luca;

Economic sustainability assessment of Mediterranean crops: A comparative Life Cycle Costing (LCC) analysis

Abstract

The production of food with beneficial health effects is at the attention of consumer entrepreneurs and public decision-makers. Plants with established health benefits such as almonds, olives from which olive oil is made, and figs have always been cultivated in the Mediterranean basin. In the past, these three crops were widely cultivated in Italy, particularly in the southern part, where the best soil and climate conditions persisted. Today, however, almond and fig production is at an all-time low. The present study aims to assess the economic sustainability of investments in shell almond, olive, and fig farms by integrating Life Cycle Costing (LCC) methodology with specific economic indicators. In addition, a comparison between the three crops is made based on all economic results. The analysis allowed for the consideration of all costs over the entire life cycle of the investments, streamlining business decision-making for the choice between different alternatives. The results demonstrated greater economic profitability of investments in shelled almonds and dried figs and an adequate level of profitability. On the other hand, the results for olive trees were low. In this context, the production of almonds and figs could represent an important agribusiness chain, useful for the improvement of the rural economy.

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Keywords

Nutrition. Foods and food supply, Mediterranean crops, almond-olive-fig crops, Life Cycle Costing, TP368-456, Food processing and manufacture, long-term feasibility analysis, sensitivity analysis, TX341-641

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selected citations
These citations are derived from selected sources.
This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Citations provided by BIP!
popularity
This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
BIP!Popularity provided by BIP!
influence
This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Influence provided by BIP!
impulse
This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
BIP!Impulse provided by BIP!
views
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