Evaluation of the impact of agricultural policy on faba bean crop in Egypt

Al-Suwaina, Y. I. A. A.; Ismail, O. A.; Mahmoud, H. Y. M.; Abd-Elmajeed, M. N. B.

doi:10.21608/aasj.2023.164278.1131

Evaluation of the impact of agricultural policy on faba bean crop in Egypt

Document Type : Research article

Authors

Department of Agricultural Economics, Faculty of Agriculture, Al-Azhar University, Assiut, Egypt

10.21608/aasj.2023.164278.1131

Abstract

Despite the importance of faba bean crop to the Egyptian people, the local production of it does not meet the requirements of national consumption, due to the decrease in the cultivated area of yearly by an annual amount of about 11.68 thousand acres, Consequently, the total production decreased at an annual rate of about 15.71 thousand tons per year, which led to an increasing food gap between what is produced and consumed from this crop, which led to an increasing trend in the volume of imports to meet the requirements of national consumption, which is consistent with economic logic. The results showed that the agricultural policy analysis matrix of faba bean crop during the period (2002-2020) showed implicit taxation of farmers of this crop in Egypt, also showed that the financial assessment of the average costs of production inputs is lower than the economic assessment of it, and through the nominal protection laboratories for production inputs and its acre returns from faba bean crop which amounted to about 0.91 and 0.67 respectively, showing the policies applied to this crop during the study period are to the disadvantage of the producers of this crop. The results of the cost factor of domestic resources of the bean crop in Egypt during the study period amounted to about 0.35 and the existence of a comparative advantage to produce it locally without importing it from abroad.

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