Economic implications of high dollar exchange rates on agricultural machinery prices of some of strategic crops in Egypt | ||
| المجلة المصرية للاقتصاد الزراعي | ||
| Article 8, Volume 32, Issue 3, September 2022, Pages 795-811 PDF (731.39 K) | ||
| Document Type: أبحاث علمیة متخصصة فی الاقتصاد الزراعی | ||
| DOI: 10.21608/meae.2022.150942.1074 | ||
| Authors | ||
| Rasha Farag* 1; rania Khamis2 | ||
| 1مرکز البحوث الزراعية - معهد بحوث الاقتصاد الزراعى | ||
| 2مرکز البحوث الزراعية - مغهد بحوث الهندسة الزراعية | ||
| Abstract | ||
| Farmers have borne much of the financial burden in order to increase per feddan productivity of agricultural crops, they have been surprised by the decision to liberalize the exchange rate, the high prices of production inputs in general and the prices of tractors and agricultural machinery in particular, which have led to higher costs for most production processes .The research is aimed at identifying the effects of the decision to liberalize the exchange rate on the prices of tractors and agricultural machinery, the items of production costs for both wheat and maize. Research to achieve its objectives has relied on using simple statistical tools such as: the rate of change, the computational medium, and the general time trend. The results indicated that The exchange rate has increased at a rate of 12.7%, while machinery prices have increased at rates of 5 - 17%, while total production costs for wheat and maize crops have increased by 13%, and 11.8% each . On the other hand, the yield to both harvests by a farmer (2011-2020) decreases by rate of about 4% for wheat, and by a rate of about 0.9% for maize . The productivity of wheat and maize in old lands is higher than in new lands, while the opposite occurs in the prices of machinery work to prepare the land for cultivation. An analysis of cost-item values concluded that all production of wheat and maize crops increased after the decision to liberalize the exchange rate by 86%, 91.7% | ||
| Keywords | ||
| Production inputs; production costs; net return; tractors and agricultural machinery | ||
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