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Risk and Return Analysis of Open-Field Tomato Grown in Turkey: A Monte Carlo Simulation Approach

Kubilay Ucar1, Sait Engindeniz1* and Jozef Palkovic2

1Ege University Faculty of Agriculture Department of Agricultural Economics, 35100 Bornova-Izmir, Turkey; 2Slovak University of Agriculture in Nitra, Faculty of Economics and Management, Department of Statistics and Operation Research, Tr. A., Slovakia.

 
*Correspondence | Sait Engindeniz, Ege University Faculty of Agriculture Department of Agricultural Economics, 35100 Bornova-Izmir, Turkey; Email: sait.engindeniz@ege.edu.tr

Figure 1:

Distribution of gross return.

Figure 2:

Distribution of simulated gross return. 

Figure 3:

Sensitivity analysis for gross return.

Figure 4:

Distribution of net return. 

Figure 5:

Cumulative distribution function of net return.

Figure 6:

Sensitivity analysis of net return.

Sarhad Journal of Agriculture

September

Vol.40, Iss. 3, Pages 680-1101

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