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Economic Valuation for Organic Farming of Dragon Fruit: Cost Benefit Analysis Approach

  • Kustiawati Ningsih
  • , Halimatus Sakdiyah
  • , Herman Felani
  • , Rini Dwiastuti
  • , Rosihan Asmara

Research output: Contribution to journal › Conference article › peer-review

Abstract

This article is a descriptive analytic study that aims to analyze the organic farming economic valuation of dragon fruit. Data analysis method uses Contingent Valuation Method by calculating the Social Benefits and Social Costs of Organic Fruit Dragon Farming in order to obtain Net Present Value and B / C Ratio from organic farming of dragon fruit. The results showed that organic farming of dragon fruit provided social benefits of Rp. 3,736,890,099,95.00 / hectare per year. Net Present Value (NPV) Rp. 28,303,945,382.50 BCR = 56.77 and Total Economic Value (TEV) Rp. 3. 671.069.440,01 per hectare per year. Based on the results of the study it can be suggested that the utilization of organic dragon fruit farming is managed well so that the environmental function can be maintained and economic assessment can be used as a reference and management for sustainable agricultural development.

Original languageEnglish
Article number012082
JournalIOP Conference Series: Earth and Environmental Science
Volume469
Issue number1
DOIs
Publication statusPublished - 23 Apr 2020
Event2018 International Conference of Innovations on Environment, Technology in Society, ICE-Tech 2018 - Pekanbaru, Indonesia
Duration: 10 Aug 2018 → 11 Aug 2018

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

  1. SDG 2 - Zero Hunger
    SDG 2 Zero Hunger
  2. SDG 8 - Decent Work and Economic Growth
    SDG 8 Decent Work and Economic Growth
  3. SDG 12 - Responsible Consumption and Production
    SDG 12 Responsible Consumption and Production
  4. SDG 15 - Life on Land
    SDG 15 Life on Land

Keywords

  • Preservation
  • Social Benefits
  • Sustainable Agriculture
  • Total Economic Value

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