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Economic viability of asparagus production in the Maule Region, Chile

Viability and economic efficiency indicators for asparagus (Asparagus officinalis L.) production in Chile were evaluated. Technical parameters were obtained from an historical farm located in Linares area, Maule Region, Chile. Viability was assessed by means of net present value (VAN), internal rate of return (TIR), net present value index (IVAN), cost-benefit ratio (RBC), and investment recovery period (PRC). Economic efficiency was assessed through production average cost (CMET), weighted unit margin (MUP), and return on equity (RSC). The analysis was based upon one hectare. Results for producers who own their land were US$ 2,529 ha-1 (VAN), 12.14% (TIR), 0.25 (IVAN), and 1.1 (RBC). The minimum CMET was estimated at US$ 0.53 kg-1 the maximum MUP at US$ 0.68 kg-1, and RSC until 20.3%. The main conclusion is that asparagus production in the Maule region, in Chile, is viable for producers who own their land.

Asparagus officinalis L.; net present value; internal rate return; cost-benefit ratio


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