Economics of Cumin Production in New Valley Governorate

Abstract

The research aimed to study the most important productive and economic indicators of cumin crop in Egypt and New Valley Governora, The research reached a set of results, the most important of which were: The estimated model is statistically significant at the level of significance (0.01), and the value of the coefficient of determination shows that the production elements in the equation are responsible for explaining 45% of the changes in the production quantity of the cumin crop, and it was also shown from the function that the most important explanatory variables in the model that affect the dependent variable are the amount of work pesticides, and ground service, where its significance was proven at a significant level (0.01), and the relationship was positive with the dependent variable, while the productive flexibility reached The amount of pesticides and the ground service are about 0.22 and 0.37 respectively, which means that increasing the user of these elements by 10% leads to an increase in the production of cumin crop by 2.2% and 3.7%, respectively. The volume of production, which maximizes profit, is about 1.51 tons, and the flexibility of costs was estimated at about 0.98, where the meaning of this value indicates that increasing production by 10% leads to an increase in total costs by 9.8% and that cumin producers for this category produce in the first stage of the law of diminishing yields, that is, the production of cumin crop needs to intensify the elements of production

Keywords

• costs
• cumin crop
• egypt