Exploring organic cherry investment opportunities for Greek farmers

Συγγραφείς:
Irene Tzouramani
Liontakis, Aggelos
Sintori, Alexandra
Alexopoulos, George
Τύπος: Journal Article
Τίτλος Περιοδικού: Outlook on AGRICULTURE
'Ετος δημοσίευσης: 2013
Πηγή: AGRERI
Θέμα:
products
agricultural products
plant products
agricultural policies
agricultural and rural legilslation
organic agriculture
Περιγραφή:

Organic farming has grown rapidly in the European Union (EU) due to
a rising demand for high-quality food, increased environmental concerns and
market developments that led to the implementation of an organic policy and the
creation of a positive institutional framework. Nevertheless, the production of
organic fruit, including cherries, is still limited within the EU, despite high
demand. Farmers generally adopt organic farming systems only if the support
provided by the existing policy regime outweighs the increased risk and uncertainty.
This study explores the effectiveness of current policy measures for the production of
organic cherries in Greece using a real options methodology. The results reveal that
the economic incentives provided by the existing policy regime contribute to
profitability and compensate for the risk and uncertainty that organic cherry
farmers face, although further institutional support is still needed.

 

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