Exante economic analysis of biological control of coconut mite in Benin
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Oleke, J.M., Manyong, V., Mignouna, D.B., Isinika, A., Mutabazi, K.D., Hanna, R. & Sabelis, M. (2013). Ex-ante economic analysis of biological control of coconut mite in Benin. AgBioForum, 16(2): 161-169.
Permanent link to this item: http://hdl.handle.net/10568/76405
The coconut mite, Aceria guerreronis Keifer, has been identified as one of the pests that pose a threat to the coconut industry in Benin. The study presents the simulation results of the economic benefits of the biological control of coconut mites in Benin using a standard economic surplus model. In the least optimistic scenario, the economy would derive an overall net gain of US$155,213.40. Considered at a discount rate of 12% for the period 2008-2027, net present value was about $207,721, while the internal rates of return or break-even discount rates are high at 13.21%. It is therefore recommended that contemporaneous with the release of natural predators of the coconut mite, plans should be underway for improving research and extension services to coconut farmers in Benin.
SubjectsPESTS OF PLANTS
- IITA Journal Articles